Getting Fast Cash Today Surrey British Columbia Is an Easy Loan Process

Getting fast cash using your car as collateral through a collateral vehicle title loan is actually one of the easiest loan processes out there.

A collateral vehicle title loan can be signed, completed, and approved in just one hour. All your need is your fully owned car as collateral to get this loan. Bad credit is nothing to worry about because credit checks are done by the lenders.

Searching for collateral vehicle title loans

First of all you can actually do the whole loan process on the internet by filling out the online application form. Collateral vehicle title loans then only need your car title to be left with the lender so a lien is placed on it until the loan is fully repaid. You then only need to present your valid driver’s license and proof of permanent residence. Up to $50,000 in loan amount can be approved.

Getting the great benefits

There are some really important things to know when it comes to collateral car title loans. For starters, interest rates are the lowest compared to unsecured or short term loans because up to 70 percent lower interest can be offered against the closest competitor out there. Loan payment terms usually start at 2 years and run up to 5 years, making this the most flexible terms ever.

Your car’s true market value

Also get to know the true market value of your car. This determines the loan amount to be approved for the loan in one hour. Lenders usually let you borrow starting at $1,000 as minimum. With no credit check title loans there are no early penalty charges should the loan be paid off early. No credit checks also need to be done on the background of your credit rating since this has no bearing on the loan processing. The loan is already secured by the collateral. You even continue using and driving your car while in the process of repaying the loan.

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.