Borrow from the collateral’s true market value
All that is needed to qualify for collateral vehicle title loans is a fully owned and paid for car and a lien free car title that serves as collateral. The car is inspected and appraised for its true market value to determine the loan amount. This means up to $25,000 can be borrowed.
No credit checks
Suffering from bad credit or having no credit history at all? Collateral car title loans are approved regardless of your credit rating. No credit checks are ever conducted for this loan or its loan approval.
No early payment penalties
If the loan gets paid off earlier than expected, no early payment penalty will be charged.
Same day approval
Since no credit check title loans don’t require any credit checks, once the collateral is approved and good to go, the loan is approved in one hour and you get the cash on the same day as the approval.
Keep driving the vehicle
Because the loan is already secured by the collateral which is the car title left with the lender, the borrower continues to use and drive the vehicle while repaying the loan. When the loan is paid in full, the car title is returned to the borrower.
Low interest rates
This loan carries the lowest interest rate 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.