Why Suffer with a Car Pawn When You Can Get Equity Loans Regina Saskatchewan

Collateral equity loans Regina Saskatchewan are secured loans that use a car and its car title as collateral. The lender holds on to the car title and places a lien on it until the loan is fully repaid. The borrower is allowed to continue using the car while repaying the loan.

Credit rating has no bearing on the loan approval

Whatever your credit rating, this has no bearing on collateral vehicle title loans. This is because the loan is already secured by the collateral. This might be the same case with car pawns, but leaving your car behind with a car pawnbroker doesn’t sound beneficial at all.

The many other benefits of collateral car title loans

While car pawns have interest rates that can go up to 100 percent interest, no credit check title loans have the lowest interest rates in the lending industry. Payments can be as low $97 per month. Repayment terms for car pawning only runs from 30 days to 60 days. Collateral auto title loans have repayment terms that are the longest up to 5 years.

Very little requirements

Aside from the car and car title that is brought in for inspection and appraisal, you only need to show your valid driver’s license and proof of permanent residence. Make sure the car title is lien free. You can loan as much as $50,000.

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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