Bad Credit Car Loans Beaumont Alberta is Much Better in Contrast to Traditional Unsecured and Short Term Loans

Collateral vehicle title loans are still the best alternative and solution when in need of fast emergency cash. 

It is important to evaluate and compare or contrast other loan alternatives especially when quick or emergency cash is needed. You’ll see that all of these will never stand against a collateral vehicle title loan.

Unsecured bank loans and short term loans

Banks offer personal loans with very high interest rates. But if you have a bad credit score you will not be able to be approved for the loan. Short term loans also charge higher interest rates compared to collateral car title loans. Likewise with both, the payment terms are only from 30 to 60 days.

Collateral vehicle title loans are the only best answer

Collateral vehicle title loans are the best way to get much needed fast emergency cash. All that is needed to qualify is a fully owned and paid up car as collateral. The car title is also collateral that is left with the lender and a lien is placed on it until the loan is fully repaid.

Still the lowest interest rate and the longest terms

No credit check title loans give you the lowest interest rates in the whole lending industry. Up to 70 percent lower interest rate can be offered against the closest competitors out there. Loan payment terms start out at 2 years and can be adjusted up to 5 years.

No credit checks are done

Even if the borrower has no credit or has very bad credit, it won’t matter with the loan approval. The loan is approved in one hour after the car is appraised and inspected for its true market value. Anywhere between $1,000 and $50,000 can be a loanable amount. The borrower then only needs to show the lien free car title, a valid driver’s license, and proof of permanent residence.

Instant Loans Canada is a leading collateral title lending company. This locally-owned and managed company has been helping individuals with their finances offering collateral title loans for vehicles. They give borrowers a chance to get quick cash easily, with the lowest interest rates and loan payment terms from 2 years to 5 years. For more information about the company, its title loans and other services, call Instant Loans Canada toll free at 1-866-973-5214 and apply now or apply online.