Many unsecured loans and short term loans are notorious for charging exorbitant interest rates with very short payment terms. For those financial problems, nothing beats collateral vehicle title loans because all you need is your fully paid car and car title as collateral.
No shifty interest rates or payment terms
Collateral quick cash loans have the lowest interest rates in the lending industry and the lowest even when compared to short term loans or unsecured loans. Payments can be as low as $97 per month. No high interest rates to be afraid of. Loan payment terms give you enough time to pay off the loan, running up to 4 years.
Very little requirements and easy processing
The lien free car title, a valid driver’s license, and proof of permanent residence is all you need to submit. Bring in your car for detailed inspection and appraisal for the loan amount based on the car’s true market value. Loan approval is after one hour and you get your money on the same day. You continue using the car even while paying off your loan because the car title serves as the collateral left with the lender. Once the loan is paid off, the car title is returned to you.
No credit checks necessary
No credit check title loans don’t need any credit checks because no matter what condition your credit is in, it has no impact on the loan approval. You can have bad credit and this will not matter at all.
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.