Apply for a Fast Cash Today Legal Alberta Loan Even with Bad Credit or No Credit at All

Collateral vehicle title loans are hassle free loans you can avail of by using your car title as collateral security even if you have bad credit.

Collateral vehicle title loans are the best financing option for those people who need fast cash for emergencies or other money problems. These loans will definitely help get quick emergency money without having to go through the complicated process of applying for a traditional unsecured bank loan and get disapproved because of bad credit or no credit.

Car as collateral is all you need

You can get a collateral vehicle title loan based solely on the collateral that is your fully owned car and its lien free car title. These loans do not require any red tape documentation and paperwork just for the loan approval. Overall, the lender does not want your vehicle because you can continue driving your car while repaying the loan since the car title is what is left behind with the lender.

Credit history will not matter

Both car pawning and collateral car title loans are almost similar because neither of them takes into account your credit report or your employment status. The big difference is in the lower interest rate that collateral auto title loans can offer against the closest competitors, in fact, up to 70 percent lower interest rate. Another big difference is that with car pawning you have to leave your car with the lender.

Fast approval with good loan terms

The lender only needs to inspect and appraise the car for its true market value to determine the loan amount. Up to $50,000 can be loaned based on this value. Loan approval comes in one hour after just submitting a valid driver’s license and proof of permanent residence. Also make sure the car title is lien free. Loan payment terms are very flexible starting at 2 years and up to 5 years. This is very normal with no credit check title loans.

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. You’ll speak with a member of our dedicated team and see how Instant Loans Canada can help.