Getting a legitimate loan using your car as collateral through collateral car title loans have certainly lived up to their hype.
It’s no secret that collateral vehicle title loans has grown into a bona-fide, mainstream, and fast-money trend. They’ve become the ground zero for smart choice emergency cash when it comes to a nagging financial emergency problem. These nagging odds can range from a small business cash flow problem, an emergency medical bill, security deposits, special occasions, and even your kid’s college tuition. For sure, a collateral car title loan is the real thing with lower interest and longer terms.
Start by taking a look at your collateral
The only collateral needed for collateral car title loans is a fully owned car and its car title. The car title is the only collateral left with the lender since a lien is placed on it until the loan is fully repaid. The borrower can continue to use the car while repaying the loan.
Fill out the online application form and have the car appraised
All no credit check title loans are based on the vehicle’s true market value and not on your credit worthiness. That’s a major plus for customers with bad credit or no credit. Between $1,000 and $50,000 can be borrowed. The loan is approved in one hour and any credit rating has no bearing on the loan approval.
All documents and requirements are the bare minimum
In one hour the loan is approved when your collateral qualifies. A collateral car title loan is a major customer pleaser because all you then need is to show your valid driver’s license and proof of permanent residence. Loan payment terms start at 2 years and are adjustable up to 5 years. Interest rates are the lowest in the whole lending industry because up to 70 percent lower interest can be offered against the closest offer of the closest competitor out there.
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.