Getting a collateral vehicle title loan for quick cash for financial emergencies is always the best and preferable choice.
Collateral vehicle title loans mean no credit checks are ever needed. Whether the borrower has good credit, bad credit, or no credit at all, credit ratings have no bearing on the loan approval. No employment checks are done either. Checking your credit history is never done because the collateral is what secures the loan and not your credit score. So long as you fully own a car then this is good enough for collateral. You can get up to $50,000 depending on your car’s true market value.
Lowest interest rates
Collateral car title loans have one of the lowest interest rates in the whole lending industry. Up to 70 percent lower interest rate can be offered against the closest competitor out there.
Approval in just one hour
It will not take a day and in fact, it will not even take more than an hour. With no credit checks to worry about, the loan approval comes in one hour after inspection and appraisal is done.
Keep driving your car
No credit check title loans are not like car pawns that keep your car. You get to keep your vehicle and drive it while repaying the loan.
Terms of Up to 5 Years
Collateral vehicle title loans require loan payment terms beginning at 2 years and flexible up to 5 years. You choose which suits you best and which is best for your budget and time.
No early payment penalties
Collateral vehicle title loans can be paid off anytime within the set terms with no early payment penalty charges. For instance, if you get a 2 year loan and are able to pay it off in 6 months, there are no penalty charges. Getting a collateral vehicle title loan usually guarantees that the loan’s amount will be based on the true market value of your car. Thus, the car title must always be lien free.
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.