1-877-804-2742
Your vehicle as the collateral for the loan
In order to apply for collateral quick cash loans, you need to be sure that your car is fully owned and fully paid up. This means that the car title should be lien free. When you take out this loan, you basically put your car and car title up as collateral. The big benefit to this is that you can still use the car because all you leave with the lender is the car title. Once the loan is paid off, the lender returns the car title.
Bad credit or no credit will never matter with the loan approval
No credit check is ever done for the loan approval. The car and its title serve as enough collateral for collateral car title loans. Generally, you will have a set term to repay the loan when your loan is approved. Loan payment terms are the longest up to 4 years. Interest rates are also the lowest in the whole lending industry and when compared to unsecured loans or short term loans. Payments can be as low as $97 per month.
All the requirements needed
If you can present the lien free car title, have a valid driver’s license, and proof of permanent residence, no credit check title loans are approved in just one hour. Of course, you need to bring in the car for inspection and appraisal for loan amount.
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.