Fast Cash Means Car Loans St. Albert Alberta for Any Money Emergency

You Will Always Get a Good Deal When You Apply for Car Loans Spruce Grove Alberta
24 August 2015
Car Loans Stony Plain Alberta Have the Best Benefits for Those Sudden Money Needs
25 August 2015

When you apply for a collateral vehicle title loan you can get fast cash through an easy application process for any money problem you face.

For those unexpected or sudden emergencies like a hospital bill or unexpected house repairs, emergency quick cash can come from unsecured bank loans or short term loans. However, such loans carry disadvantages that can leave you further in debt so you’re better off applying for a collateral vehicle title loan.

Unsecured loans and short terms loans a collateral vehicle title loan

Unsecured loans will only be approved if your credit history is good to impeccable. Also you will face very high interest rates and very short 30-day terms. With vehicle title loans, no credit checks are needed to be done because the loan is secured by the collateral. This collateral referred to is your fully owned car and its car title. Lenders will not do any credit check for the loan approval. The loan application is approved in just one hour.

Consider your worse scenarios

When you’re faced with an emergency and you need cash as fast as you can obtain it, how do you get approved with an unsecured bank loan when you’re credit score is low? However, if you have a fully owned vehicle and the vehicle title has no liens on it, then they can be the collateral for no credit check title loans. Just bring in the vehicle for a detailed inspection and appraisal of its true market value to determine the loan amount. Just show your valid driver’s license and any proof of permanent residence and you can loan as much as $50,000 or as little as $1,000.

The best benefit is the low interest

Best of all, car title loans carry the lowest interest rates in the lending industry because up to 70 percent lower interest rate can be offered against the closest competitor. Loan payment terms range from 2 years up to 5 years. No early payment penalties will be charged if the loan is fully repaid earlier than the agreed terms.

At Instant Loans Canada, we loan you money based on the value of your vehicle, not your credit score. That means that you have fast access to cash whether you have bad credit or no credit at all. Call Instant Loans Canada toll free at 1-866-973-5214 and apply now or apply online. You’ll speak with a member of our dedicated team and see how Instant Loans Canada can help.