Get Cash Same Day Beaumont Alberta is a Better Option Because They’re Collateral Car Title Loans

Collateral vehicle title loans are becoming more prevalent for borrowers who need fast cash other than borrowing from unsecured loans or short term loans.

Let’s face facts that short terms loans and unsecured loans are getting harder to apply for because if you have bad credit then the loan is disapproved. Even if it gets approved, the interests are sky high. Not so with collateral vehicle title loans because as a last ditch financial lifeline it offers very low interest and with an easy process for application.

Lowest interest rates with no loopholes

Car title loans offer the lowest interest rates in the lending industry and are far lower than short term loans or unsecured loans. Up to 70 percent lower interest rate can be offered against even the closest competitor out there. So even if you borrow only $1,000 or as much as $50,000 the interest rate stays way low. There are no loopholes here.

Loan payment terms aren’t ridiculous

Short term and unsecured loans have very short and ridiculous short payment terms. With no credit check title loans the loan payment term starts at 2 years and can be adjusted up to 5 years. No early payment penalty will be charged if the loan is repaid early.

Drive your car and submit very little requirements

While repaying your loan, you can still keep driving your car since all you leave with the lender as collateral is the car title that the lender places a lien on until the loan is fully repaid. The application is approved in one hour after the full inspection and appraisal, showing your valid driver’s license, and any proof of permanent residence. The loan amount is determined by the car’s true market value.

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.