Fast approval in just one hour
The biggest advantage of collateral car loans is that you can get fast loan approval in just one hour. All the lender needs to do is to inspect and appraise your car for its true market value to determine the loan amount. As much as $25,000 can be borrowed.
No credit checks are needed
Even if you have bad credit or no credit, as long as you fully own a car you are eligible to be approved for the loan because the car qualifies as collateral. No credit checks are ever done for the loan approval.
You get to keep driving your car
Another great thing about collateral vehicle title loans is that you get to keep driving your car even while repaying the loan. You only leave the car title with the lender who places a lien on the title and holds on to it until the loan is fully repaid.
Lowest interest rates for all loans
No credit check title loans are already secured with collateral. Interest rates for these loans are the lowest in the whole lending industry and the lowest even when compared to unsecured bank loans or short term loans. Payments can be as low as $97 per month. Loan repayment terms are the longest and most flexible that can 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 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 1-866-973-5214 and apply now. You can even apply online.