All You Need is Collateral to Get Cash Same Day Richmond British Columbia

Getting a collateral vehicle title loan means fast cash using available collateral such as a fully owned car and car title.

A collateral vehicle title loan is simply secured by a car fully owned and fully paid for and its corresponding car title with no liens on it. Collateral vehicle title loans are more secure and easier for both borrower and lender because the loan is already secured by the collateral.

The collateral vehicle title loan

A collateral vehicle title loan is used when the lender sees that the borrower is in a financial emergency without having to do credit checks. Because of the security of the collateral, these loans are often called no credit check title loans because no credit checks are necessary for the loan approval. Approval comes in just one hour as long as the minimal requirements are submitted. Up to $50,000 can be loaned or as little as just $1,000.

The value and benefits of a collateral vehicle title loan

After submitting the online application form, you then bring in your vehicle for a detailed inspection and appraisal based on the car’s true market value to determine the loan amount. All you need to bring and show is the lien free car title as the collateral, your valid driver’s license, and any proof of permanent residence. You continue using your car while repaying the loan.

Lowest interest rates and longest payment terms

Car title loans have the lowest interest rates because it can beat any interest rate from other lenders. Up to 70 percent lower interest rate can be offered against the closest competitor. On top of this is the longest adjustable payment terms that run from 2 years and up to 5 years. No early payment penalty will be charge if the loan is repaid early.

At Instant Loans Canada, we loan you money based on the value of your vehicle, not your credit score. That means that you have fast access to cash whether you have bad credit or no credit at all. Call Instant Loans Canada toll free at 1-866-973-5214 and apply now or apply online. It’s almost a fast-money guarantee that you can be out the door in an hour with your loan amount. We’ve got the process down pat. Be on the winning side of annoying debt. Just think of Instant Loans Canada as the beginning of a way out.