Collateral vehicle title loans have the lowest interest rates and longest payment terms as secured loans.
Collateral vehicle title loans are secured loans that provide more loan amount than other short term loan and unsecured loan options, carry less risk because of the lowest interest rate, and allows for fast emergency cash. One of the key factors most people look at is the interest rate, and a collateral vehicle title loan always offers the lowest.
Collateral vehicle title loans have the lowest interest rates
One of the things that make collateral car title loans such a popular loan is the low interest rates. Unlike short term and unsecured loans, a collateral car title loan offers the lowest interest rates; up to 70 percent lower interest rate can be offered against the closest competitors out there.
Bad credit or no credit has no bearing on loan approval
No credit check title loans don’t require any type of credit check. Because the loans are secured against the collateral that has been put up, you don’t need good credit to be approved. Loans are approved in just one hour after the car has been inspected and appraised for its true market value and the borrower can present a lien free car title, valid driver’s license, and proof of permanent residence.
The benefits of lower interest rates
Lower interest rates are the best way to keep monthly payments low and this makes loan repayments easier and more affordable. Whether you borrow the minimum of $1,000 or as much as $50,000, the interest rate remains low and the same. You even get to continue using the car while repaying the loan during the terms that starts at 2 years and can be adjusted up to 5 years.
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. It’s almost a fast-money guarantee that you can be out the door in an hour with your loan amount. We’ve got the process down pat. Be on the winning side of annoying debt. Just think of Instant Loans Canada as the beginning of a way out.