Bad Credit Loans Ajax Ontario Offer the Lowest Interest Rates in the Lending Industry

A collateral vehicle title loan carries the lowest interest rates that will always work for you and all you need is a car and car title as collateral.

Loan approval in just one hour

The biggest advantage of collateral bad credit loans is that the loan is approved in one hour so long as the car is inspected and appraised and other minimal requirements are submitted such as a valid driver’s license and proof of permanent residence. The loan amount is then based on its true market value. You get the loan amount on the same hour that the loan is approved. You can borrow up to $50,000.

No credit checks are needed

Whether you have bad credit or none, so long as you have a car that is fully paid and owned, you are eligible for collateral vehicle title loans. Your car is the collateral for the loan and this is enough to secure the loan. No credit checks need to be done by the lender. No employment checks are also necessary.

Nothing to fear with the interest rates

Another big advantage with no credit check title loans is that the interest rates are the lowest when compared to short term loans and unsecured loans. Much lower interest rate can be offered against the closest competitor or anything they can offer. Payments can be as low as $97 per month. Loan payment terms are the longest up to 5 years.

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.