When you’re in a pinch, collateral car loans can be the greatest idea you will need for those sudden financial emergencies.
Collateral car title loans are different
There are many reasons that collateral vehicle title loans are much different from their unsecured and short term counterparts. In fact, with interest rates much lower than the closest competition, this makes the loan the lowest interest rate in the lending industry. Payments can be as low as $97 per month.
The longer your repayment terms, the lower your monthly payments
With no credit check title loans, in addition to low interest rates, they allow customers to pay back their loans over a longer period of time. Payment terms are the longest and most flexible that can ever be offered by this type of loan. No credit checks need to be done by the lender because the loan is already secured by the collateral.
Small requirements for a big loan
All that is needed for the approval that is given in one hour is the fully owned car as collateral, the car title for the lender to place a lien on, a valid driver’s license, and proof of permanent residence. The borrower even gets to use the car while repaying the loan during the term.
It will not matter what your particular credit situation is. Legitimate lenders such as Car Title Loans Canada will help you complete the paperwork and get your loan approved in one hour. You only get the best rate and the longest terms. At Car Title Loans Canada, we loan you money based on the value of your vehicle, not your credit score. Call Car Title Loans Canada Toll Free at 1-866-973-5214 and apply now. You can even apply online.