Grimsby Auto Collateral Loans Can Pay For Your Bail - Instant Loans Canada

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Grimsby Auto Collateral Loans Can Pay For Your Bail

Oct 27, 2013

Thousands of Canadians are arrested each day. The reasons vary. There are those arrested for drugs, specific crimes or offenses or even through bad driving. Whatever the reason is, there is only one thing all these have in common, it requires the arrestee to post bail to redeem their liberty while their case is pending in court. Unfortunately for many, having cash for bail seem to be very impossible. This is why we have listed the top five ways for one to pay his or her bail.

1. Advance cash from a credit card.
Unfamiliar this may seem but it is possible for you to advance cash from a credit card. You can always visit a nearby ATM machine and get cash using your credit card. The amount will depend on how much your maximum limit is so might want to consider coupling this with the other options mentioned next.

2. Ask financial help from friends and relatives.
Your loved ones can never stand seeing you locked in jail when your guilt has not yet been proven. Hence, asking them for help would be a good idea. If they are hesitant to give you a helping hand, you may request if they can loan bail money to you which will come with terms and conditions which both of you can agree on.

3. Mortgage some of your properties.
Pawning some of your assets can give you instant cash for bail. There are so many things that can be pawned such as your house, some of your jewelries, your vehicle and other valuables. However, you have to make sure that you know the risk that is attached to it. If you are not able to pay back the loan money in time, you can end up losing your asset. So see to it that you have means to repaying back the loan.

4. Make use of Grimsby auto collateral loans.
Nothing can beat auto collateral loans. Using your fully paid vehicle, you can secure a Grimsby auto collateral loan which can be approved in less than 24 hours. Requirements are not stringent and the loan amount can reach up to $25,000 depending on the equity of your vehicle.

5. Apply for a payday loan.
Just like auto collateral loans, payday loans also don’t come with stringent requirements for approval. The only problem with this financial option is that, the period for repayment is very short. If think you don’t have the means of repaying it quickly, then you might want to consider taking advantage of Grimsby auto collateral loans instead.