You can easily get an emergency loan by pledging your car title as collateral. With collateral car loans, you use your car and car title as the collateral. No credit checks will be made because your credit rating will not matter since the loan is already secured by the collateral. Loan approval takes only 1 hour, and the cash loan is released on that same hour.
Interest rates and loan payment terms are the best
Interest rates for collateral vehicle title loans are the lowest when compared to other unsecured loans or short term loans and the lowest in the lending industry. Payments can be as low as $97 per month. No other fixed fees for setting up the loan will be paid or if the loan is paid off early, no early payment penalty will be charged. Loan payment terms are the most flexible and the longest at 4 years.
Other alternatives will never do
There are certainly other alternatives such as short term loans or unsecured loans. However, these alternatives carry higher interest rates, shorter payment terms such as 30 days or 60 days, and your credit history will always be checked. No credit checks are ever done with no credit check title loans.
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.