When you decide to get a collateral vehicle title loan for your sudden financial emergency, it’s not hard to qualify for the loan.
What most people fear aside from high interest rates from loans is that they might get mired in the paperwork submission just to qualify. Borrowers also fear the waiting period that a lot of unsecured loans and short term loans put them through. With collateral vehicle title loans or car title loans, qualifying is just so easy and there is no long waiting period because the loan is approved in just one hour.
To qualify for a collateral car title loan:
Very minimal requirements
Aside from the above, the borrower must also submit:
The benefits from vehicle title loans
Interest rates are 70 percent lower compared to even the best that all competitors can offer. This means it is the lowest in the lending industry and far lower than unsecured loans and short term loans. You even get to keep driving your car while repaying the loan. No credit checks are done by the lender because the collateral secures the loan.
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. You’ll speak with a member of our dedicated team and see how Instant Loans Canada can help.