The Benefits that You Get When Applying for Bad Credit Loans Stoney Creek Ontario

Collateral bad credit loans offer much better payment terms compared to unsecured bank loans or short term loans with only 30- to 60-day terms. Terms are the longest and most flexible at 5 years.

Your credit rating and history will not matter

Bad credit or no credit will not matter with collateral car title loans because they’re already secured by the collateral. Because of this no credit checks are ever needed.

Lowest interest rate and longest payment terms

Much lower interest rates can be offered against any offer by the closest competitor out there. This makes it the lowest interest rate in the lending industry. Payments can be as low as $97 per month. Loan repayment terms last up to 5 years.

No fuss and no hassle requirements and paperwork

Just bring in the fully owned car for inspection and appraisal to determine the true market value for the loan amount. The car title should be lien free so the lender can place a lien on it until the loan is fully repaid. A valid driver’s license and proof of permanent residence is also needed to be submitted. No credit check title loans are approved in just one hour.

You can borrow up to $50,000

You can borrow as much as $50,000. No early payment penalties will be charged should the loan be paid off early. You even get to continue using your car while repaying the loan.

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.