Collateral car title loans are loans that use any fully owned car as collateral.
The lender actually holds on to the car title while the loan is being paid off during the payment term. The borrower is allowed to continue using and driving the car.
Credit history and employment status will not matter at all
Fast cash loans will never take into account your credit report or your employment status. Any person holding a current car title is eligible to apply for the loan.
The loan is easy to apply for
All that is needed for collateral car title loans is for the lender to become the lien holder on your car title while you are paying back the loan. The car is inspected and appraised for its true market value to determine the loan amount.
The full benefits of collateral vehicle title loans
Interest rates for no credit check title loans are the lowest in the lending industry and the lowest when compared to other unsecured loans. Payments can be as low as $97 per month. Payment terms are never short term because they run up to 4 years. Once your loan is approved and you get the quick cash in one hour, you can continue using the car and keep driving it even while paying off the loan.
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.