What is a Loan that Involves Fast Cash Today Stony Plain Alberta It’s a Car Title Loan

A fast cash today loan is a secured loan called a collateral vehicle title loan for those with bad credit scores.

Collateral vehicle title loans are simply secured with collateral that are assets such as fully owned and fully paid for cars. These types of loans offer a lower interest rate as repayment of the loan is guaranteed. This loan can greatly help those in dire need of emergency cash during times of financial troubles without the hassles of credit checks and long waiting periods for loan approval.

What is a collateral vehicle title loan?

A collateral vehicle title loan is a secured loan using the car and car title as collateral. The borrower puts up the car title as collateral for the loan since the car title is left with the lender and a lien is placed on it. The lien is removed when the loan is fully repaid. Collateral car title loans are low interest rate loans that have flexible payment terms starting at 2 years and lasting up to 5 years. Lenders do not need to do credit checks. So even if the borrower has bad credit or no credit the loan is still approved in one hour after the car and car title are inspected and appraised for the car’s true market value.

Do vehicle title loans have high interest?

No credit check title loans have the lowest interest rates in the whole lending industry. The interest rate is always less compared to unsecured loans or short term loans because the loan is guaranteed by the collateral. Up to 70 percent lower interest rate can be offered against the closest competitors out there. Up to $50,000 in loan amount can be borrowed.

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.