The loan approval for collateral vehicle title loans only takes an hour, and you get the loan amount in that same hour.
The loan amount
The amount that the lender allows you to borrow for collateral vehicle title loans is based on the true market value of the car and car title that serves as collateral for the loan. However, only the car title is left with the lender while the borrower can continue using the car while repaying the loan. Up to $50,000 can be borrowed.
The loan process
Loan approval goes through unbelievably fast in just one hour. This is because the process is made as easy as possible. Aside from the lien free car title, all you need to prepare is your valid driver’s license and proof of permanent residence. As soon as the loan is fully repaid, you get the title back and the lien on it is removed. The car is inspected and appraised before the loan is approved in one hour.
Credit ratings will make no difference
Bad credit or no credit will make no difference when applying for equity loans. Credit ratings will have no bearing on the loan approval because the loan is already secured by the collateral.
Other considerations for getting car title loans
Collateral car title loans have the lowest interest rates in the whole lending industry. Loan payments may fall as low as $97 per month. Loan payment rates are reasonable and can be adjusted and flexible up to 5 years.
A collateral vehicle title loan that you really need for your financial problems isn’t that hard to find. At Instant Loans Canada we want our customers to know that if they need to, they can get a car title loan fast and today. All they need to do in order to begin the process is to get in touch with Instant Loans Canada by calling the toll free number at 1-866-973-52144 and apply now or online. Or you can contact Instant Loans Canada and inquire for more information, and get started processing your loan and getting help from our loan representatives.