Collateral car loans can always help you because these loans are always available 24 hours, 7 days a week, and the loan is approved in one hour.
Fast approval and very little preparation
All it takes to get approved in one hour is to bring your fully owned vehicle together with the vehicle title that should be lien free for inspection and appraisal. Loan amount is determined by the vehicle’s true market value. Other documents you need to show are your valid driver’s license and proof of permanent residence.
Fast loans for very low interest rates
Since collateral car title loans are secured by the value of your car, they carry the lowest interest rates in the whole lending industry and definitely lower than short term loans and unsecured bank loans. Payments can be as low as $97 per month. Also, loan payment terms are the most flexible up to 4 years.
No credit checks are done
Whether you have no credit or bad credit, the lender will not check your credit for the loan approval because no credit checks title loans are already secured by the collateral which is your car title. You can even continue using your car while paying off the loan. If the loan should be repaid early, no early payment penalty will be charged.
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.