Collateral vehicle title loans are not hard to get even if you have a bad credit history.
There are countless situations wherein you need to apply for an unsecured loan or short term loan that you badly need for a financial emergency, but you can’t because you have a bad credit rating and so your loan will never be approved. So for your troubles, collateral vehicle title loans are what you need especially if you have no credit or with bad credit. All you need to secure the loan is a fully owned car that is fully paid for and its car title to act as collateral.
Fast approval with a click of a mouse
Even if you apply online for collateral car title loans this is no problem because the collateral secures the loan so it is approved in just one hour. The lender only needs to inspect and appraise the car for its true market value in order to determine the loan amount. Between $1,000 and $25,000 can be borrowed based on this.
Hassle free and very flexible
It’s hassle free because the only paperwork needed is a valid driver’s license and proof of permanent residence. It’s flexible because the loan payment terms can start at 1 year and can be adjusted up to 5 years.
Keep driving your car while you repay the loan
The loan is secured by the collateral so all the borrower leaves with the lender is the car title so the lender can place a lien on it. The lien is removed when the loan is fully repaid. This means that while you’re repaying the loan during the term you can still keep and use your car.
No credit checks needed
No credit check title loans welcome all applicants from every aspect of the credit history spectrum because no credit checks will ever be made. So long as there is a fully owned car the borrower qualifies for the loan. The loan interest rates are also the lowest in the whole lending industry because versus any competitor out there up to 70 percent lower interest can be charged.
At Car Title Loans Canada, we loan you money based on the value of your vehicle, not your credit score. That means that you have fast access to cash whether you have bad credit or no credit at all. Call Car Title Loans Canada free at 1-855-653-5451 and apply now or apply online. You’ll speak with a member of our dedicated team and see how Car Title Loans Canada can help.