For financial emergencies and unexpected financial meltdowns, you can rely on collateral vehicle title loans
Collateral car loans have become the first choice of many people when it comes to fast emergency cash. This is because it now only takes an hour to process and approve a loan. The fact is that this loan only needs a fully owned and paid up car and its car title as collateral. This qualifies borrowers for the loan since their credit rating will not matter in the loan approval.
Lenders don’t need to do credit checks
The simple fact is that no credit rating is needed for the approval of no credit check title loans. This is because the loan is already secured by the collateral, and this being the car title which is left with the lender that places a lien on the car title until the loan is fully repaid. So long as the car is fully owned, the car title is lien free, and the borrower has a valid driver’s license, the loan is good to go.
Lowest interest rates
Interest rates for collateral vehicle title loans are also the lowest in the lending industry and when compared to unsecured bank loans and short term loans. Payments can be as low as $97 per month. You can borrow up to $25,000.
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.