Bad credit history means you always get denied by banks and financial institutions, having a credit score of less than 650. Fortunately, there are collateral quick cash loans for subprime borrowers. They are willing to provide loans even to those with bad credit. Interest rates are the lowest in the lending industry and the lowest even when compared to unsecured bank loans and short term loans.
Credit ratings will never matter
No matter what your credit rating is, it will not matter when applying for collateral vehicle title loans. What’s important is the collateral that will cover the loan. This is your fully owned vehicle and the lien free vehicle title.
Lender needs to thoroughly inspect the vehicle
Before the lender approves the loan, naturally, the vehicle must undergo a thorough inspection and appraisal. This is followed by getting the true market value of your vehicle so you can be told how much you can loan. This can be up to $50,000. The lender also makes sure that the vehicle is covered by comprehensive and collision insurance.
The lowest interest rates and reasonable payment terms
Interest rates will always be the lowest in the lending industry because no credit check title loans are secured by the collateral. Payments can be as low as $97 per month. Loan payment terms are usually long and lasting up to 5 years.
People in need of fast emergency cash can always turn to Instant Loans Canada. We can get a car title loan fast and today for anyone in need of alleviating any financial headaches. All they need is to get in touch with Instant Loans Canada by calling the toll free number at 1-866-973-5214 and get approved in an hour. Get started today at the nearest Canada-wide network of convenient locations.