1-877-804-2742
Collateral quick cash loans are secured loans for an amount of money for a loan period term. To obtain the loan you give the lender the car title so a lien can be placed on it. This lien is removed and the car title returned when the loan is fully repaid.
How do collateral vehicle title loans work?
You can personally apply for collateral vehicle title loans or apply online. Of course, aside from your application, you need to show the lender:
- Your car for inspection and appraisal for its true market value.
- The car title that must be lien free.
- A valid driver’s license.
When the loan is approved in one hour the lender gives you the money and keeps the car title. When it is time to repay the loan, the repayment terms are the longest up to 4 years.
How much interest rates are applied?
The normal going interest rate is much lower compared to unsecured bank loans and short term loans. Payments can be as low as $97 per month, making this the lowest in the lending industry.
Compare vehicle values with other loans
The lender appraises your car for its true market value to determine how much it costs to borrow money. The true market value for no credit check title loans is quite high.
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.