Collateral fast cash are loans that use a car and its car title as collateral. The lender holds on to the car title and puts a lien on it while the loan is being repaid. The borrower then is allowed to continue using the car during the loan term. With other loans, you need a really impeccably good credit score to be approved.
No credit checks are needed
No credit check title loans never take into account your credit rating. Any person with a fully owned car and a lien free car title is eligible to apply for the loan. This is why no credit checks or are ever done by lenders
Do collateral car title loans have high interest rates?
Collateral car title loans have the lowest interest rates in the lending industry and much lower than interest from car pawning or even unsecured bank loans or short term loans. Payments can be as low as $97 per month.
What requirements do you need to submit?
Bring in the car for inspection and appraisal for the loan amount based on the true market value, show your valid driver’s license, and proof of permanent residence, and the loan is approved in just one hour. Loan payment terms are the best since they are the longest and most adjustable 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 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.