1-877-804-2742
You only need the following for the collateral vehicle title loan:
You must own a car with a free and clear car title
This means that you fully own your car and that your car title has no liens on it. These become the collateral for collateral bad credit loans.
Your vehicle must undergo inspection and appraisal
The inspection and appraisal will determine the loan amount based on the car’s true market value and other factors like year of make and model and engine performance.
Valid driver’s license
Along with a valid driver’s license it would be a good idea if your car is insured for collision. This is because when collateral vehicle title loans are approved, you continue to use your car while paying off the loan with repayment terms up to 4 years. You also need proof of permanent residence.
No credit checks need to be done
No credit checks title loans don’t require any credit checks to be made because the loan is already secured by the collateral. Interest rate 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.
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.