Bad credit will never be a problem when getting collateral equity loans. This is because lenders won’t check your credit rating and it doesn’t matter with the loan approval. No credit checks are needed. So long as you own a fully paid car and the car title has no lien on it, this is good enough as collateral. You can loan up to $50,000 based on the car’s true market value.
Low monthly payments
Collateral car title loans have one of the lowest interest rates in the lending industry. This is because much lower interest rate can be offered compared to the closest offer of the competition. Payments can be as low as $97 per month.
Fast loan approval with little requirements
Once the car is inspected and appraised to determine loan amount and the car title is checked to be lien free, the loan is approved in just one hour. You only then need to show a valid driver’s license and proof of permanent residence.
Keep the car while paying the loan
With no credit check title loans you get to keep your car and keep driving it while repaying the loan.
Terms of up to 5 years
While unsecured bank loans and short term loans require you terms of 30 or 60 days, this loan has repayment terms that can reach up to 5 years. You choose the term that suits you best and which is best for your budget.
No early payment penalties
Collateral auto title loans can be paid off anytime and no early payment penalties will be charged.
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 headaches. 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 an hour. Get started today at the nearest Canada-wide network of convenient locations.