Fast Cash Today Wabamun Alberta is the Best Loan Option for Emergency Cash

Take out a collateral vehicle title loan if you need emergency cash using your vehicle’s lien free car title.

Even if you have bad credit or no credit at all you can still apply and be approved in one hour for collateral vehicle title loans. This is one way to get your hands on some quick cash since no credit checks are made for the loan approval.

How do collateral vehicle title loans work?

For collateral car title loans, the lender appraises and evaluates for the car’s true market value to determine the maximum loan amount. This can reach up to $50,000 with a minimal of $1,000. The lender holds on to your car title and places a lien on it until your loan is fully repaid. The lien is then removed from the car title.

Longer terms with lower interest

Loan repayment terms start out at 2 years and can run up to a flexible 5 years. Interest rates are the lowest in the whole lending industry. Up to 70 percent lower interest rate can be offered against the closest competitors out there.

Who is qualified?

No credit check title loans do not require any credit checks because all the lender needs is a fully owned car and a lien free car title to serve as collateral. This is all that is needed to qualify for the loan approval in just one hour. Other requirements include proof of permanent residence and a valid driver’s license. No penalties or fees will be charged if the whole loan is paid off early.

Comparison of collateral vehicle title loan to other loans:

Unsecured bank loans – Banks offer personal loans with high interest rates. Repayment terms are also shorter, usually from 6 to 12 months. Loan approval is not given to borrowers with bad credit or no credit.

Short term loans – Short term loans will always charge high interest rates, and repayment terms are limited from 30 to 60 days.

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.