Fast Cash Today Strathcona County Alberta Loans Offer More Benefits and No Disadvantages at All

There are more pros and benefits when you apply for a collateral vehicle title loan, and no disadvantages at all.

For whatever reason it is needed, collateral vehicle title loans allow the borrower fast access to emergency cash. You can have your cash and loan approval within one hour since the process is so quick, simple, and free of unnecessary hassles and red tape.

No credit checks are ever done with collateral vehicle title loans

Collateral car title loans work by putting up a fully owned car and its car title as collateral for the debt security in order to keep the loan secured. There is really no need to have credit checks done by lenders because of this. No matter what credit condition the borrower is into this enables anyone with a car to get a loan they may need with no credit background checks involved. Once the car and car title are submitted for inspection and appraisal for the true market value to determine the loan amount, the loan is approved in one hour. The loan amount can be as much as $50,000.

You can still keep driving your car

Another big advantage of a collateral auto title loan is that even though you are putting up your car title as collateral you can still keep your car and drive it while repaying the loan. As a collateral loan all you need to show as paperwork is your valid driver’s license and proof of permanent residence. Loan payment terms are the most flexible starting at 2 years and can run up to 5 years.

The interest rate is very low

Collateral no credit check title loans charge the lowest interest rates in the whole lending industry and when compared to other traditional unsecured loans and short term loans. Up to 70 percent lower interest rate can be offered against the closest competitors out there.

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.