Collateral fast cash loans are secured loans that require a fully owned car as collateral as well as the car title that must be lien free. The car title is left with the lender and a lien placed on it. The lien is removed when the loan is repaid in full.
How does this loan work?
When applying for collateral vehicle title loans, aside from the online application, you need to also show:
- Your car for inspection and appraisal for its true market value. This determines the loan amount that can be up to $25,000.
- The car title that should be lien free.
- A valid driver’s license.
- Proof of permanent residence.
Lowest Interest Rates
No credit check title loans have the lowest interest rates when compared to short term loans and unsecured bank loans. They are the lowest in the whole lending industry. Payments can be as low as $97 per month. Even if you have bad credit or no credit it won’t matter with the loan approval because the loan is approved in one hour and the collateral already secures the loan.
Loan Payment Terms
Loan payment terms are the most reasonable in the whole lending industry. 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.