Many people fear the dread of credit checks, especially when their credit history is as dead as the Dead Sea.
Credit checks can be cruel for those with bad credit
Credit checks are generally nasty and even a crime against humanity. The lender checks your credit rating to see if your credit history is okay and there is minimal risk. However, the fact that you had a credit check done will actually lower your credit rating even further because it shows you need money. This shows just how illogical credit checks are.
No credit checks needed for collateral vehicle title loans
Collateral quick cash loans don’t need credit checks to be approved because all that is needed is a fully paid car to serve as collateral. A lien free car title is then left with the lender to represent the car as the collateral. If you have a valid driver’s license and proof of permanent residence, your loan is approved in one hour.
Collateral vehicle title loans have the lowest interest rates
To get collateral car title loans, you give the lender the car title as collateral. You can personally apply with a lender or fill out a form and submit this online. Once the loan is approved in one hour, the borrower gets to have these benefits:
- The lowest interest rate in the whole lending industry. Payments can be as low as $97 per month.
- Loan payment terms are the longest that can be offered.
- The borrower can continue using the vehicle while paying off the loan.
- With no credit check title loans you can borrow up to $25,000.
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.