Get Cash Same Day Redwater Alberta by Applying for a Collateral Vehicle Title Loan

For financial emergencies, nothing beats applying for a collateral vehicle title loan to get quick cash by using your car.

When you get a collateral title loan, you pledge your vehicle as collateral in order to get a loan amount. For people with no other options, collateral vehicle title loans can be a reasonable choice for those unexpected financial emergencies. You even get approved in one hour by just submitting your valid driver’s license and any proof of permanent residence.

Contrary to popular belief collateral vehicle title loans are not expensive

Collateral car title loans do not carry a lot of risk since the collateral is your vehicle and your vehicle title and the title is simply left with the lender who places a lien on it until loan is fully paid up. Just make sure that your car is fully owned and the car title is lien free. Loan amounts are based on the true market value of the car. Up to $50,000 can be borrowed.

Repaying the loan

No credit check title loans carry 2-year terms that are adjustable up to 5 years. No repayment fees or early payment penalties will be charged should the loan be paid off early. While repaying the loan, the borrower is allowed to continue using the car.

Very low interest rates

Interest rates are never a drawback to a collateral vehicle title loan. Unlike short term loans or unsecured loans, you pay only very low interest rates because up to 70 percent lower interest rate can be offered against the closest offer from the closest competitor out there. Because you are pledging your vehicle as collateral and this makes the loan secured, interest rates can be kept low even when compared to unsecured loans and short term loans.

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.