Why Not Consider Getting Vehicle Title Loans North Bay Ontario for Those Financial Emergencies

Loan amount is based on the true market value of your car

The loan amount for collateral car title loans is directly based on the true market value of your car. Since your car will be the collateral, the car must be completely owned and paid for with no liens on the car title. The true market value will also depend on the value of your car in terms of how old the car is and its engine performance.

Interest rates are the lowest in the whole lending industry

Unlike unsecured bank loans and short term loans that charge skyrocketing interest rates, no credit check title loans charge very low interest rates that are the lowest in the lending industry. Much lower interest can be offered against anything that the closest competitor can offer. Payments can be as low as $97 per month. If the loan is paid off early, no early payment penalty will be charged.

You can choose different payment terms

Loan payment terms for collateral vehicle title loans are the longest up to 5 years. No credit checks are required for loan approvals that are given in just one hour because credit ratings have no bearing on the loan. Aside from the car and car title, all the borrower needs is a valid driver’s license and proof of permanent residence. The borrower can loan as much as $50,000.

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.