You don’t need to fill out long handwritten applications, and no waiting around for days for the loan to be approved. The biggest advantage of collateral vehicle title loans is that you still get approved even if your credit is bad and no credit checks are ever done.
Applying for a collateral car title loan
You are approved in just one hour if your car is secured as collateral. The collateral must be a fully owned and paid for car. Along with this is the car title that also serves as collateral since this is left with the lender who needs to put a lien on it until the loan is fully paid. Since the car title is left with the lender, the borrower can keep using the car until the loan is repaid in full. You can borrow up to $25,000.
Information is all online
With collateral quick cash Edmonton Alberta, you can find much lower interest rates in contrast to other competitors. Payments can be as low as $97 per month. Repayment terms are the longest that can ever be offered.
All paperwork and requirements are minimal
No ambush surprises are waiting for you when you have your car inspected and appraised for its true market value. The car title should be lien free when inspected. Other things you need to show is a valid driver’s license and proof of permanent residence.
Collateral vehicle title loans cater to subprime borrowers
It doesn’t matter if you have bad credit because no credit checks are needed when applying for no credit check title loans.
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.
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