Getting a collateral vehicle title loan means getting cash on the same day after the loan is approved in just one hour.
Collateral vehicle title loans need no credit checks because all the loan needs is a fully owned car and car title as collateral. So long as your car is fully paid and your car title has no outstanding liens on it, then your loan will always be approved. There’s no need to worry if your credit rating is poor because it will never serve as a criterion for loan approval. Your car title is your credit, rather than spending wasted time looking into the past and digging up a bad credit history, which has no bearing on the loan anyway.
Financial emergencies and money troubles are always unexpected
Encountering unexpected financial trouble is very normal in daily life. It’s always understandable when people encounter emergencies, sudden payments, and even low cash flow in a small business. The list of life’s sudden obstacles that focus on the need for money can be very long. Most of the time, it’s these sudden problems that cause the need to apply for car title loans.
How to get a collateral vehicle title loan
All you need to be approved for a car title loan is your clear and lien free car title, a valid driver’s license, and any proof of permanent residence. Just bring the vehicle in for inspection and appraisal and once the loan is approved in one hour, you get the loanable amount in that same hour, and drive away in your car. No need to leave the vehicle as no credit check title loans are already secured by the collateral throughout the loan term since the lender places a lien on the title until the loan is fully repaid.
Lowest interest rates
Interest rates are the lowest when compared with unsecured or short term loans up to 70 percent lower interest rate can be offered against the closest competitor. Loan payment terms start off 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. You’ll speak with a member of our dedicated team and see how Instant Loans Canada can help.