For emergency cash or other sudden urgent needs, take out a collateral car title loan.
What can you do if a bad credit history is keeping you from applying for unsecured loans or short term loans?
You only need to take out a collateral vehicle title loan
With collateral car loans, the lender inspects and appraises your car based on its true market value and then gives you a loan based on what your car is worth. This loan amount can be up to $25,000 based on this. The lender holds on to your car title until your loan is fully repaid. The loan is approved in just one hour and the cash is released on the same day as the approval. No credit checks are even needed because credit checks have no bearing on the loan approval.
Car title loans are based on collateral equity. The collateral is what gives the loan debt security. Since the car title is left with the lender and a lien placed on it until the loan is fully repaid, the borrower continues to use and drive the car while repaying the loan.
Low interest and repayment terms
Interest rates are the lowest when compared to other unsecured loans and in the lending industry. Payments are as low as $97 per month. Repayment terms can be the longest and most flexible that can be offered for no credit check title loans.
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 1-855-653-5451 and apply now. You can even apply online.