Sometimes you’re in a financial situation that needs emergency fast cash but you know you won’t be approved for any short term loan or unsecured bank loan because you have bad credit. It’s a good thing that collateral quick cash loans will never consider bad credit because they don’t matter with the loan approval. All that is needed is the true market value of the collateral from your fully owned car and its lien free car title.
You can easily get a collateral car title loan
All you do is bring in the car for inspection and appraisal for its true market value to determine the loan amount. This can be up to $25,000. The car title is then left with the lender that places a lien on it until the loan is fully repaid.
Flexible and hassle free
No credit check title loans are hassle free because bad credit or no credit has no bearing on the loan approval. Once the collateral qualifies, the loan is approved in one hour. The borrower then only needs to show a valid driver’s license and proof of permanent residence.
Repaying the loan with the lowest interest and flexible terms
Collateral car title loans offer the lowest interest rates in the whole lending industry. Payments can be as low as $97 per month. Loan payment terms are the most flexible and the longest that can be offered. Since the loan is secured by the collateral, the borrower continues using the car while repaying the loan.
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.