You can unlock the cash in your car and get a loan fast when you apply and are approved for a collateral vehicle title loan in just one hour.
In truth and in reality, collateral vehicle title loans allow you to loan against the value of your fully owned car that becomes the collateral for the loan. This is the most foolproof solution to your emergency financial problems with no hidden hitches in the loan.
They’re fast, but they’re not risky
Some people may think that collateral car title loans may be risky, but really they aren’t. They’re not even expensive at all since they have the lowest interest rate in the lending industry. This is because up to 70 percent lower interest rate can be offered against the closest competitors out there.
How does a collateral car title loan work?
The lender simply takes hold of the car title as the collateral for the loan. The car is also collateral but the borrower gets to keep using the car since the lender only needs to place a lien on the car title, so make sure the car title is lien free. No income or credit checks need to be done and the loan is approved in one hour. The full amount must then be fully repaid within a loan term that starts at 2 years and is flexible up to 5 years. That’s right, 2 to 5 years, and that’s no typo. You can borrow as little as $1,000 or as much as $50,000 depending on what you really need. The loan amount of course is based on the car’s true market value.
Very little preparation
Unlike short term loans or unsecured loans that can mire you in waiting , disapproval, or high interests, no credit check title loans only require you to bring you valid driver’s license and any proof of permanent residence, aside from bringing in the car for appraisal and inspection.
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.