Car Title Loans Crossfield Alberta

Collateral vehicle title loans are emergency cash loans that can help solve those sudden cash troubles or emergencies that just appear out of nowhere.

Getting a loan, in fact, applying for an unsecured bank loan or short term loan comes with a lot of pressure, especially if you have bad credit, no credit, or have a small business. Loans of this kind are denied because of the credit issues and employment is more favorable rather than other means of income. This is not the case with collateral vehicle title loans because credit ratings or means of income are not the basis for loan approvals.

Collateral vehicle title loans are tailor-made for emergencies

We have all felt the pressure of any financial emergency or economic problems. But, when you’re in a pinch or in an emergency, a collateral vehicle title loan can be the best idea you can think of and run to. All that you need is a fully owned and fully paid vehicle as collateral along with its vehicle title. The title must be free of liens so the lender can put a lien on it for the car title loan.

Collateral vehicle title loans do not have high interest rates

It is worth noting that lenders of unsecured bank loans or short term loans charge astronomical interest rates and this can be very predatory. In fact the can charge as much as 500% interest rates, almost like loan sharks or car pawns. However, car title loans have a 70 percent lower interest rate than any competitor out there, making them the lowest in the lending industry.

Collateral car title loans are fast

Emergencies or money problems can arrive like a thief in the night. Applying for a car title loan can be as fast as just one hour. All you need is to show your valid driver’s license and proof of permanent residence. The loan isn’t based on your credit history. In fact, you don’t need to have good credit history or any credit history at all since no credit checks will be done.

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.