Fast Cash Today Black Diamond Alberta Offer Flexible 2-Year to 5-Year Terms

A collateral vehicle title loan is easily structured and can offer you as long as 2 years to 5 years to repay.

With collateral vehicle title loans there are no hidden fees or early payment penalties so you can pay off the loan at any time so long as you keep your payments up to date and within the set loan term. Loan payment terms are flexible starting at 2 years and up to 5 years.

You just need to own a car with a free and clear pink slip

This means that you need to fully own your vehicle and the vehicle title should be lien free. All the lender needs to do is to place a lien on the title until the loan is fully repaid.

The car must undergo inspection and appraisal

The detailed inspection and appraisal will determine the total loan amount based on the vehicle’s true market value and other factors like year of make and model and engine performance. Up to $50,000 can be borrowed.

A valid driver’s license is required

Naturally, just to ensure that the borrower is also the driver of the vehicle. This is because when collateral car title loans are approved the borrower continues to use the car while paying off the loan. You also need to present proof of permanent residence. When all this is submitted the loan is approved in just one hour.

No credit checks will be done

No credit check title loans don’t require any credit checks to be made because the loan is already secured by the collateral. It won’t matter if your credit is really bad or non-existent since it has no bearing on the loan approval. Interest rate is the lowest in the whole lending industry. Up to 70 percent lower interest rate can be offered against the closest competitors. No early payment penalty will be charged if the loan is repaid early.

Instant Loans Canada is a leading collateral title lending company. This locally-owned and managed company has been helping individuals with their finances offering collateral title loans for vehicles. They give borrowers a chance to get quick cash easily, with the lowest interest rates and loan payment terms from 2 years to 5 years. For more information about the company, its title loans and other services, call Instant Loans Canada toll free at 1-866-973-5214 and apply now or apply online.