For Those Not Familiar with Collateral Vehicle Title Loans You Can Apply for Bad Credit Car Loans Longview Alberta

Surprisingly, collateral vehicle title loans are not that familiar to still some people most radio and TV ads focus more on unsecured bank loans and short term loans.

If you don’t know how a collateral vehicle title loan works, you might miss out on a really good loan when you need it the most. We all have times when we find that we are in need of cash for a financial emergency or an unexpected money problem. Maybe you have unexpected medical bills. To add to the problem, you may have a bad credit report that disqualifies you from all unsecured bank loan approvals.

Collateral vehicle title loans are simply secured loans

All you need is a fully owned car and the car title to secure as collateral. You qualify to get the loan since the car is fully owned and the car title is lien free. Collateral car title loans offer more cash than any unsecured or short term loan. You can loan up to $50,000 based on the car’s true market value.

A legitimate lender will give you 2 years and the lowest interest

With collateral vehicle title loans you get up to 5 years repayment terms with a minimum start of 2 years. Interest rates are the lowest in the whole lending industry because up to 70 percent lower interest rate can be offered against the closest competitor.

Collateral vehicle title loans have more benefits than car pawning or bank loans

When you pawn you need to leave your car with the car pawnbroker shop until you have fully repaid the loan. With collateral auto title loans you can continue driving your car until the loan has been fully repaid. This is because the loan is secured by the car title as collateral.

No more credit checks

Lenders of no credit check title loans don’t need to do any credit checks because a borrower’s credit rating has no bearing on the loan approval.

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. You’ll speak with a member of our dedicated team and see how Instant Loans Canada can help.