With collateral vehicle title loans, you get to keep your car and still get the money you need after the loan is approved in just one hour. This is one the best advantages of a car title loan rather than applying for those unsecured bank loans or short term loans with the astronomically high interest rates or the loan approval dependent on good credit rating.

Getting your loan approved in one hour

All you need is to bring in your car for a detailed inspection and appraisal to determine the loan amount based on the car’s true market value. You also need bring your car title to serve as collateral. Just make sure that the car title is lien free. You also need to present your valid driver’s license and proof of permanent residence. With collateral car loans approval comes in just one hour.

Bad credit is okay

No credit check title loans are far different from car pawning because this loan makes you leave your car with the lender while a car title loan allows you to continue using your car while repaying the loan during the course of the loan term. No credit checks need to be done by the lender because bad credit or no credit has no bearing on the loan approval.

Other benefits

Interest rates are the lowest in the lending industry because much lower interest rate can be offered against the closest competitor. Payments can be as low as $97 per month. Loan 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 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.

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