1-877-804-2742
What is a collateral car title loan?
Collateral equity loans are secured loans using a fully owned car and car title. These are low interest loans with payment terms that are the longest up to 4 years. The lender typically does not do any credit checks. This is because credit ratings have no bearing on the loan approval since the loan is secured by the collateral.
Collateral car title loans have the lowest interest rates
Collateral vehicle title loans have the lowest interest rates in the lending industry. Interest rates for such loans are far lower than unsecured bank loans or short term loans because the loan is guaranteed by the collateral. Interest rates are much lower and more competitive than anything the closest competitors can offer. Payments can be as low as $97 per month.
Very little paperwork preparation and submission
You only need to bring in the car for a detailed inspection and appraisal for the loan amount. Then you submit the car title so the lender can make sure that it is lien free and then show your valid driver’s license to prove that you are driving your own car and give proof of permanent residence. No credit checks are needed for the loan approval and no credit check title loans are approved in one hour.
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.