Some Practical Advice When Applying for Bad Credit Car Loans Irricana Alberta

If you’re applying for a collateral vehicle title loan for the first time, you have nothing to worry about because the benefits far outweigh any loan you’ve applied with before.

Getting a collateral vehicle title loan for your financial emergencies and unexpected money problems will no longer be a problem because of the lowest interest rates and longer loan payment terms. Even first-time applicants will find the going easy and very beneficial.

The true market value is the basis for the loan amount

Since your car will be your collateral, the car must be completely owned and paid for with no outstanding loans on it or any lien on the car title. The loan amount will then depend on the true market value of your car in terms of how old it is, the make and model, and what appears on the odometer. Collateral vehicle title loans allow up to $50,000 loanable amount.

Interest rates are the lowest in the whole lending industry

Interest rates for collateral car title loans will always remain lower than unsecured bank loans and short term loans. They are the lowest in the lending industry since up to 70 percent lower interest rate can be offered against the closest competitor. Loan payment terms start off at 2 years and are flexible up to 5 years.

Your loan approval is not dependent on your credit history

When applying for the first time for no credit check title loans one of the most important things that borrowers should know is that no matter how bad or invisible their credit history is, it has no bearing whatsoever on the loan approval. No credit checks are ever done by the lenders.

A collateral vehicle title loan can really help you with your problems

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.