The qualifications
You need to fully own a fully paid car with its own car title that should be lien free so both qualify as collateral for the loan.
The documents to submit
The loan amount
Based on the appraised true market value of the car, collateral car title loans allow you to borrow as much as $50,000.
Bad credit or no credit
No credit check title loans are considered as secured loans so it is approved in one hour regardless of bad credit or no credit. No credit checks are needed.
Interest rates
Payments can be as low as $97 per month. This makes collateral vehicle title loans the lowest interest rate in the lending industry.
Loan payment terms
Terms for loan payments are the longest up to 5 years. This means the borrower can adjust monthly payments depending on the ability to pay back the loan.
Early loan settlement
If the loan is paid off early, no early payment penalty will be charged. Once the loan is fully paid, the loan is no longer outstanding and the lien on the car title is removed by the lender and the car title is returned to the borrower.
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.