To qualify for a collateral car title loan, you need to meet the following prerequisites:
- You must be at least 18 years of age.
- Your vehicle must be fully paid for and the car registration fully in your name.
- The vehicle title must be in your name and with no outstanding liens on it.
- Present proof of permanent residence.
- You vehicle must be presented for inspection and appraisal for its true market value to determine loan amount for collateral quick cash
Know about the payment terms and low interest rates
Always check out the payment terms. You also need to know about the interest rates. Collateral car title loans usually have payment terms that are the longest and most flexible. Interest rates are the lowest in the lending industry and the lowest when compared to other short term or unsecured loans. Payments can be as low as $97 per month. You get approved in just one hour.
No credit checks are ever done
Since applying for no credit check title loans is quite fast and easy compared to other unsecured loans since no credit checks will be made, you can expect the loan to be approved in one hour since credit ratings have no bearing on this loan.
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.