Collateral car title loans can help when times are tough especially when a sudden financial emergency comes up.
What is a collateral vehicle title loan?
Equity loans is a type of cash loan that is offered for a fixed payment term that is longer and more flexible than other loans. Since it is a secured loan, borrowers need only to put up their car and car title as collateral. However, only the car title is left with the lender and the borrower gets to continue using the car while repaying the loan.
Lowest interest rates in the country
For the lending industry, interest rates for collateral car title loans are the lowest, even when compared to unsecured loans or short term loans. You only get to pay as low as $97 per month. No other fees will be charged and if the loan is paid off early, no early payment penalties will be charged. Up to $25,000 can be loaned based on the car’s true market value.
Very little preparation needed
All you need to do is to bring in your car for inspection and appraisal, the lien free car title, a valid driver’s license, and proof of permanent residence. Loan approval is fast and in just one hour. No credit check title loans do not require any credit checks or employment checks because the loan is already secured by the collateral.
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.