Just like the stories of religious miracles, some people claim they have seen zero percent loans with their own eyes. They have even gotten close enough to a zero percent short term loan to read the fine print.
Higher interest rates and short pay-back period
There are in fact zero percent loans out there. In fact, all you need in this age of technology is to search the internet. But, you wonder why people aren’t stampeding to get one. That’s because the interest rates are very high. Zero percent loans are only offered to a select few. Your credit has to be near perfect and you also have to meet a certain income level.
Collateral car title loans have better benefits
Loan payment terms for collateral quick cash loans are amazingly at 4 years. Credit checks will not be done because the borrower’s credit will never matter. That’s because the loan is already secured by the collateral that is the fully owned car and its car title. Interest rates are the lowest in the lending industry, with monthly payments as low as $97.
You continue using your vehicle
Even during the payment term period of no credit check title loans, the driver continues using the car. Should the loan be paid off early, no early penalty fees will be charged. Collateral car title loans are approved in one hour regardless of whether the borrower has bad credit or no credit.
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.