Car Loans Gibbons Alberta 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.

Everyone goes through many types of financial emergencies or urgent money problems such as emergency medical bills, repair of a broken home furnace during winter, or cash flow problems in a small business. This is where collateral vehicle title loans come in because all you need to get apply for this loan is a fully owned and paid off vehicle and a vehicle title that is lien free. The advantages of getting a collateral vehicle title loan far outweigh anything that any unsecured loans or short term loans can ever offer.

Loan approval in just one hour

The biggest advantage of car title 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.

No credit checks are needed

Whether you have good or bad credit history, so long as you have a car that is fully paid and owned, you are eligible for a collateral vehicle title loan. 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 matter how good or bad your credit history is. 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. Up to 70 percent lower interest rate can be offered against the closest competitor or anything they can offer. Loan payment terms run up to a maximum of 5 years but never fall below 2 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.