Collateral equity loans offer up to 4 years for loan payment terms and this proves very advantageous to the borrower. All that is needed is a fully owned car as collateral and the car title must be lien free.
You get approved in just one hour
With collateral vehicle title loans you can have your loan approved in just one hour since the process is so quick and simple. You only need to have the car inspected and appraised for its true market value to determine the loan amount.
No credit checks are needed
No credit check title loans work by simply putting up the car title along with the car as collateral. Because of this there is no need to have credit checks. No matter what the condition of your credit rating it has no bearing on the loan approval. You can even keep your car and drive it while repaying the loan. All you then need for the loan approval is a valid driver’s license and proof of permanent residence.
The lowest interest rates
These secured loans give you loan payment terms that are the longest up to 4 years. Interest rates are very low, the lowest in the whole lending industry because the loan is already secured by the collateral. Payments can be as low as $97 per month.
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.