Collateral car title loans have the lowest interest rates in the lending industry and when compared to unsecured bank loans and short term loans. Unlike car pawning and other short term loans, this loan isn’t hard to pay back because the loan payment terms are the longest up to 4 years. They’re the perfect solution for those unexpected money problems.
Collateral car title loans only need collateral for security
Collateral fast cash Nanaimo British Columbia are secured because the car and car title you fully own act as collateral, so long as the car title has no liens on it. All you need to do is to have the lender inspect and appraise the car for its true market value to determine the loan amount. You then present your valid driver’s license and proof of permanent residence. You can borrow as little as much as $25,000.
No credit checks need to be done
The large benefit of no credit check title loans is that it won’t matter if your credit rating is bad. This is because the loan is already secured by the collateral and there is no need for the lender to carry out credit checks. This makes this loan the best option for people with bad credit or no credit. Payments can be as low as $97 per month, making this the lowest interest rate in the lending industry. Payment terms are the longest that can ever be offered.
It will not matter what your particular credit situation is. Legitimate lenders such as Car Title Loans Canada will help you complete the very minimal paperwork and get your loan approved in one hour. You only get the lowest 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 1-866-973-5214 and apply now. You can even apply online.
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