Are You Looking for Fast Cash Today Gibbons Alberta Loans?

Applying for a collateral vehicle title loan will never be a struggle if you want to get out of a financial rut.

Collateral vehicle title loans are secured loans that use a fully owned car and car title as collateral to obtain the loan. We have all faced our share of unexpected financial problems and money shortage emergencies. When these events happen while we’re on a tight budget, this can leave us short on cash.

Traditional unsecured loans and short term loans

While collateral car title loans never takes your bad credit into consideration for the loan approval, unsecured loans and short term loans will never approve a loan if you have bad credit or never had a credit history at all. And even if your loan is approved, the interest rate will be astronomically high because of your bad credit. With a collateral vehicle title loan, credit ratings have no bearing on the loan approval, terms, or rates of the loan.

Collateral vehicle title loans only come from exclusive and legitimate lenders

This means that no credit check title loans are issued only from licensed and legitimate lenders that deal exclusively with collateral auto title loans. The lender simply holds on to the car title and places a lien on it until the loan is fully repaid. Again, this means that the borrower gets to keep driving their car while repaying the loan. Loan repayment terms start at 2 years and can be flexible up to 5 years.

Interest rates are the lowest compared to traditional loans

Unsecured and short term loans will always charge very high interest rates because the loan is not secured to any collateral and is dependent on the credit rating of the borrower. On the other hand, collateral auto title loans have the lowest interest rates in the whole lending industry because up to 70 percent lower interest rate can be offered against the closest competitor.

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.