When you apply for a collateral vehicle title loan, you can keep your car and get your loan approved in just one hour.
Financial emergencies and sudden money problems often finds short on cash because the situation catches us unexpectedly. When anything like this happens, all you need is to get a collateral vehicle title loan. These loans can get you your money after the loan approval in one hour.
Applying online
You just need to fill out and submit the online application form. Collateral vehicle title loans only need a fully owned and paid for car with its car title as collateral. The car title is left with the lender while the car is kept being used until the loan is fully repaid.
Requirements needed
Just bring in the car for inspection and appraisal to determine the loan amount based on its true market value. Bring in the car title as this will serve as the main collateral that you leave behind while paying off the loan. The lender then simply places a lien on the title until the loan is fully repaid. Make sure the car title is lien free. Finally, present a valid driver’s license and proof of permanent residence.
Get the loan approval in one hour
Collateral car title loans are approved in just one hour once all requirements are in good order. As little as $1,000 or as much as $50,000 can be borrowed.
If you have bad credit that’s nothing to worry about
Collateral no credit check title loans are designed to help you with your emergency cash needs by using your car and its car title (the pink slip) as collateral for the loan. With collateral car title loans your credit rating will not matter with the loan approval because the loan is secured by the collateral. No credit checks will ever be done. Up to 70 percent lower interest rate can be offered against the closest competitor for loan terms ranging from 2 years up to 5 years.
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. You’ll speak with a member of our dedicated team and see how Instant Loans Canada can help.