The Advantages of Getting Car Title Loans London Ontario

Fast approval in just one hour

The biggest advantage of collateral car title loans is that you can get fast loan approval in just one hour. This is because of the fast loan processing. All the lender needs to do is to inspect and appraise your car for its true market value to determine the loan amount. As much as $50,000 can be borrowed.

No credit checks are needed

Even if you have bad credit, as long as you fully own a car, you are eligible to be approved for the loan because the car qualifies as collateral. No credit checks are needed for the loan approval.

You get to keep driving your car

Another great thing about car title loans London Ontario is that you get to keep driving your car even while repaying the loan. You only leave the car title with the lender who places a lien on the title and holds on to it until the loan is fully repaid.

Lowest interest rates

High-interest rates will never be the game for no credit check title loans because the loan is already secured with collateral. Interest rates are the lowest in the lending industry and the lowest even when compared to unsecured bank loans or short term loans. Payments can be as low as $97 per month. Loan repayment terms are the longest up to 5 years.

No hidden or extra fees

There are no more processing fees, documentation fees, releasing flat fees, and early payment penalty charges for those able to pay off the loan early.

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 emergency headache. 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 one hour. Get started today at the nearest Canada-wide network of convenient locations.

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