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Emergency loans or fast cash loans are also known as collateral vehicle title loans that only need a fully owned car as collateral.

A collateral vehicle title loan uses your car title and fully owned car as collateral in order to be able to loan a principal amount. These loans are the perfect answer for those financial or money emergencies and problems like a small business cash shortage, a medical emergency bill, or even your kid’s college tuition.

Repaying collateral vehicle title loans

Since collateral car title loans are categorized as secured loans, you have to repay the loan within a flexible payment term ranging from 2 years up to 5 years. Up to $50,000 maximum amount or a minimum of $1,000 can be borrowed based on the car’s true market value.

Collateral vehicle title loan interest rates

Low interest rates are the trademark of collateral vehicle title loans. Unlike short term loans with extremely high rates, collateral vehicle title loans are secured and have the lowest interest rate. Up to 70 percent lower interest rate can be offered against the closest competitor offer out there. Title loans are approved and granted regardless of the borrower’s credit score and history, so no credit checks are ever done.

Very minimal requirements

A major fear with collateral no credit check title loans is that of having to submit so much paperwork and having a long waiting period. On the contrary, once the car is inspected and appraised for its true market value, the car title is inspected and proved lien free, and the borrower just shows a valid driver’s license and proof of permanent residence, the loan is approved in one hour. No long waiting periods and no red tape or unnecessary double submission of paperwork requirements.

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.