Having a bad credit history isn’t that bad when applying for a collateral vehicle title loan.
Having a bad credit history can spell bad news for those who need to make a loan. Unsecured bank loans and some short term loans will not approve any loan application for borrowers with such credit. However, a bad credit history or no credit history at all will never matter with lenders who specialize in collateral vehicle title loans.
Collateral vehicle title loans can provide credit for borrowers with poor credit
One of the great features of collateral car title loans is that they provide credit even for borrowers with poor credit or even no credit. That is because a collateral vehicle title loan is essentially a secured collateral loan. A fully and privately owned car becomes the collateral for the loan as well as the car title that should be lien free. This is because the lender will put a lien on the car title during the loan payment term.
Varied loan repayment terms that will suit your monthly payments
Loan repayment terms for no credit check title loans are adjustable beginning at 2 years and can be adjusted up to 5 years. This is good news for those who want a low monthly payment schedule that suits their budget. This is particularly suited for small business owners.
Quick cash but at the lowest interest rates ever
When you deal with vehicle title loans, you should inquire about the interest rates, and be ready to be surprised. Our interest rates are up to 70 percent lower than whatever the nearest competition can come up with. This makes collateral vehicle title loans the lowest in interest rate for the lending industry. The moral for getting a loan is simple and that is, apply for the loan, use it for any emergencies or urgent needs, and pay it back promptly to help yourself to a stronger credit history in the future.
Instant Loans Canada is a leading collateral title lending company. This locally-owned and managed company has been helping individuals with their finances offering collateral title loans for vehicles. They give borrowers a chance to get quick cash easily, with the lowest interest rates and loan payment terms from 2 years to 5 years. For more information about the company, its title loans and other services, call Instant Loans Canada toll free at 1-866-973-5214 and apply now or apply online.