Collateral vehicle title loans are not expensive because they carry very low interest rates and are perfect for sudden emergencies with no credit checks needed. In fact, none of any present existing unsecured bank loans or short term loans comes close to the benefits offered by collateral auto title loans.
Applying is made easy and approval comes in just one hour
All you need to show the lender is:
- Your car for inspection and appraisal to find its true market value in order to determine the loan amount.
- The car title that should be lien free.
- A valid driver’s license.
- Proof of permanent residence.
The loan may require you to have collision insurance for the protection of both lender and borrower. This is because the borrower is allowed to continue driving the car during the repayment period. Only the car title is left with the lender as collateral. After the loan approval in one hour, the lender gives you the money and keeps the car title.
Interest rate is the lowest
Interest rates for collateral car title loans is the lowest in the whole lending industry, and the lowest even when compared to unsecured bank loans and short term loans. Payments can be as low as $97 per month.
Longest repayment terms
Repayment terms for no credit check title loans are the longest up to 4 years.
Car Title Loans Canada is a leading provider of Car Title Loans Spruce Grove Alberta. 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.