Collateral vehicle title loans are the best loan solutions for people with bad credit or no credit at all.
Getting a collateral vehicle title loan for those financial emergencies and unexpected money problems will be the best thing you ever did because of the lowest interest rates and 2 year to 5 year loan terms. This is quite good news for those who have a bad credit history.
The true market value of the car is the basis for the loan
Since your car is the collateral, the car must be completely owned and paid for with no outstanding liens on the car title. The loan amount will depend on the true market value of your car as well as how old the model is and what appears on the odometer. Collateral vehicle title loans are granted for vehicles that are not more than 8 to 10 years old.
Interest rates remain the lowest in the whole lending industry
Interest rates remain the lowest for collateral car title loans. Up to 70 percent lower interest rate can be offered against the closest competitors out there. Compare this number any time with unsecured loans or short term loans.
Payment terms are the most flexible
When applying for no credit check title loans, one of the most important things that borrowers should know is that they always have options on the payment terms. Loan payment terms are very flexible and adjustable for a collateral auto title loan. The term can start at 2 years and can be flexible up to a maximum of 5 years. So whether the loan amount is a minimum of $1,000 or as much as $50,000, the loan payment terms remain the same.
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.