What if a bad credit score keeps you from getting traditional short-term loans or unsecured loans?
Getting collateral quick cash loans is the way to get your hands on some fast cash with no credit checks. All the borrower needs is a fully paid for car and the car title to act as collateral.
How do collateral car title loans work?
Collateral car title loans work when the borrower qualifies with a fully owned car and the car title is lien free. The lender inspects and appraises the price of your car based on true market values and then gives you the loan based on what your car is worth or what you really need. You can borrow up to $25,000 based on this. The lender holds on to your car title until your loan is repaid.
The main benefits
The loan usually runs the longest and the most flexible when it comes to payment terms. It isn’t the traditional short-term loan. Interest rates are the lowest in the lending industry and even lower when compare to other short term unsecured loans. Payments can be as low as $97 per month.
No credit check title loans are secured by the collateral so no credit checks will be made. As soon as the loan is approved in one hour, you continue using the car until the loan is paid off.
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.