Sometimes you’re in a financial situation that needs emergency fast cash but you know you won’t be approved for any short term loan or unsecured bank loan because you have bad credit. It’s a good thing that collateral car loans are loans that will never consider bad credit or no credit because they don’t matter with the loan approval. All that is needed is the true market value of the collateral from your fully owned car and a lien free car title.
You can get a car title loan at the click of a mouse
When you apply for collateral car title loans you can simply do it online. When you bring in the car for inspection and appraisal for its true market value, this is to determine the loan amount. The car title is left with the lender that places a lien on it until the loan is full repaid.
Flexible and hassle free
No credit check title loans are hassle free because bad credit or no credit has no bearing on the loan approval. Once the collateral qualifies the loan is approved in just one hour. The borrower then only needs to show a valid driver’s license and proof of permanent residence.
Repaying the loan with the lowest interest and flexible terms
Collateral auto title loans offer the lowest interest rates in the whole lending industry. Payments can be as low as $97 per month. Loan payment terms are the most flexible and the longest at 4 years. Since the loan is secured by the collateral the borrower continues driving and using the car while repaying the loan.
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.