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The vehicle can still be used during the term of the loan

You get to keep driving your car while repaying the loan. All you need to leave with the lender is the lien free car title.

Naturally, the collateral needs to be fully paid off

There must be no loans or liens outstanding on your car. The car is the main collateral for collateral bad credit loans while the car title is left behind with the lender as the collateral.

You can borrow…

… Up to the car’s true market value of your car because this is how the loan amount is determined. You can borrow up to $50,000.

Requirements and approval in just one hour

You can get the money on the same day after the loan is approved in one hour. Aside from the car for inspection and appraisal and the car title, all you need to show is your valid driver’s license and proof of permanent residence.

If you have a bad credit history or no credit…

It won’t matter because collateral car title loans are designed to be secured by the collateral so no credit checks are needed to be done. Your credit rating has no bearing on the loan approval.

All you need to prepare to apply for a collateral vehicle title loan are:

1) A valid driver’s license.

2) A lien free car title.

3) The vehicle registration.

4) Collision insurance as protection for the lender since the car will still be used by the borrower while no credit check title loans are repaid.

 

People in need of fast emergency cash can always turn to Instant Loans Canada. We can get a car title loan fast and today for anyone in need of alleviating any financial headaches. All they need is to get in touch with Instant Loans Canada by calling the toll free number at 1-866-973-5214 and get approved in an hour. Get started today at the nearest Canada-wide network of convenient locations.

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