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The interest rate that is charged on pink slip loans is generally higher than what is charged in other kinds of loans.
Make sure to read the feedback of previous borrowers in the website to ensure that you are dealing with a good company. When it comes to taking a pink slip loan, it pays to do your homework well to ensure there are no nasty surprises later on. Icezen Media is an online media for publishing high quality informative articles which provides users with useful information.

One of the best advantages of these kinds of loans is that you can get it even if you have a negative credit rating. If you are unable to pay off the loan by the end of the loan term, you may be allowed an extension of one more term.
It is a short-term loan that is borrowed against a vehicle for an agreed interest rate and fees. It is important to know beforehand the options available to you in case you are not able to pay off your loan within the term period.

You will require to submit proof of your ownership of a vehicle and a proof of your income. With the financial institutions like also not proving to be much of help, pink slip loans, cash advance solutions are the only viable options for people.

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