The Growing Popularity of Vehicle Title Loans Kimberley British Columbia for Financial Emergencies

Collateral vehicle title loans need no promotions

Unlike their unsecured loans and short term loan rivals that indulge in heavy promotions, awareness for collateral car title loans mostly come from word of mouth or through the internet. In addition, auto title loans offer larger loan amounts because the loan is based on the vehicle’s true market value appraisal. You can borrow up to $50,000. So long as the vehicle and vehicle have no outstanding liens, they serve as collateral to secure the loan.

Low interest benefits

Interest rates for collateral vehicle title loans are the lowest when compared to unsecured loans and short term loans and the lowest in the lending industry. Payments can be as low as $97 per month. Loan payment terms can run the longest up to 5 years.

No credit checks needed   

A big selling point of no credit check title loans is that lenders don’t need to run credit checks to approve a loan. Whether the borrower has poor credit or no credit at all, it won’t matter because the loan is secured by the collateral.

No hidden fees and charges

Unlike short term loans and unsecured loans that are notorious for hidden charges, collateral car title loans carry no such hidden fees. Even if the loan is paid off early, no early payment penalty will be charged.

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.