Bad Credit Car Loans New Westminster British Columbia Means that You Can Get a Collateral Car Title Loan Even with Bad Credit

For quick emergency cash the lowest interest rates are found with collateral vehicle title loans.

Collateral vehicle title loans are secured loans that provide you with a bigger loan amount as compared to short term loan options. They also carry less risk because of the lower interest rate and allow you to get fast emergency cash.

The Best and Lowest collateral vehicle title loan interest rates

One of the things that make a collateral vehicle title loan such a popular loan is the low interest rates. Unlike other short term and unsecured loans, up to 70 percent lower interest rate can be offered against the closest competitor out there. Loan payment terms can range at 2 years up to 5 years.

Bad credit or no credit has no bearing on the loan approval

Collateral car title loans do not require any type of credit check. Instead, because the loans are secured due to the collateral, no credit rating affects the loan. So you can see why no credit check title loans are the preferred option, regardless of your credit score. You can loan as little as $1,000 or as much as $50,000.

The loan amount based on true market value

When you bring in your car for a detailed inspection and appraisal, the lender determines its true market value. The car title must also be lien free since this is the collateral to be left with the lender while the loan is being repaid. A lien is placed on the title and is removed when the loan is fully repaid. The borrower then submits a valid driver’s license and proof of permanent residence for the requirements. Only copies of such need to be submitted.

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.