A collateral car title loan needs no credit checks because all the lender needs is a fully owned car as collateral.
So long as your car is fully paid off and your car title is lien free, then your loan is good to go. There’s no need to worry if your credit rating is poor because it has no bearing on the loan approval. No more credit checks looking into the past and digging up a bad credit history.
Bad financial trouble is always unexpected
Encountering unexpected financial trouble is normal. It’s always understandable when people encounter medical emergencies, sudden house repairs, and even a job loss. Most of the time, it’s these sudden problems that cause bad credit to happen, so it’s sometimes unfair to hold that against the borrower. It’s a good thing that collateral equity loans can help since you can borrow as much as $25,000.
How to get a vehicle title loan
All you need to be approved your clear car title, a valid driver’s license, and proof of permanent residence. Just bring in the car for inspection and appraisal and once the loan is approved in one hour, you get the loanable amount in that same hour, and drive away in your car. No need to leave the car as no credit check title loans are already secured by the collateral.
Lowest interest rates
Interest rates for collateral vehicle title loans are the lowest when compared with unsecured or short term loans and the lowest in the lending industry. Payments can be as low as $97 per month.
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.