1-877-804-2742
Collateral bad credit loans are secured by the car title that acts as the main collateral in place of the borrower’s car, even if the car is the real collateral. Interest rates for such loans are the lowest in the whole lending industry and the lowest when compared to short term loans and unsecured bank loans. Payments can be as low as $97 per month.
The big benefits of collateral vehicle title loans
The biggest benefit to getting this loan is that it enables the borrower to get the money they need in quick time. Collateral car title loans are usually processed in just one hour. All the borrower needs to do is to bring the car for inspection and appraisal for loan amount and bring in the car title for assessment that it is lien free. Only the car title will be left with the lender while the borrower continues to use the car while repaying the loan. Present a valid driver’s license and proof of permanent residence and the loan is approved in one hour.
No credit checks
No credit check title loans are perfect if you have bad credit or no credit at all. Credit checks aren’t needed for the loan approval. Likewise, repayment terms are the longest up to 4 years. They also offer the lowest interest rates in the whole lending industry.
Car Title Loans Canada is a leading collateral title lending company. This locally-owned and managed company has been helping in 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 that are flexible and the longest. For more information about the company, its title loans and other services, call Car Title Loans toll free at 1-877-804-2742 and apply now or apply online.