Getting a Car Title Loans Bon Accord Alberta is Never a Scary Affair

Even for first time loan borrowers, getting a collateral car title loan is user-friendly, quick, and easy.

People with bad credit or no credit have a reason to be scared when applying for a loan. Unsecured bank loans and some short term loans will not be approved if your credit score is poor or non-existent. Even for first time borrowers, applying for any loan can be scary because of all the red tape and paperwork needed, not to mention the fact that some borrowers can’t have their loan approved because they have no credit history yet.

This is not the case when you apply for collateral vehicle title loans.

Logically, to have a credit history, you need to start with credit

The most important way to logically have a credit history is to have credit. You always need to start somewhere if you’ve never had a line of credit or a loan before. Car title loans may be a good place to start. You don’t need any prior credit history to be approved. You just need to own a car and possess the lien free car title.

It’s never scary to apply for a collateral title loan

All that is needed up front is your fully owned car and its car title as collateral. The lender simply puts a lien on the car title and you still keep using the car while paying off the loan on great repayment terms ranging from 2 years up to 5 years. You can complete the entire loan process from your home or office without the worry and pressure of traditional paper requirements. Just bring in the car and car title for loan appraisal amount, show a valid driver’s license, and any proof of permanent residence, and the loan is approved in one hour.

No scary interest rates

The interest rates for no credit check title loans are 70 percent lower than what other competitors can ever offer, and most certainly lower than unsecured bank loans and even short term loans.

Instant Loans Canada is a leading collateral title lending company. This locally-owned and managed company has been helping individuals with their finances offering collateral title loans for vehicles. They give borrowers a chance to get quick cash easily, with the lowest interest rates and loan payment terms from 2 years to 5 years. For more information about the company, its title loans and other services, call Instant Loans Canada toll free at 1-866-973-5214 and apply now or apply online.