A bad credit report is never a reason not to apply for a collateral car title loan.
A bad credit report will never matter if you’re applying for secured collateral car loans. Of course, seek out only lenders who specialize in this loan targeted for subprime borrowers. These specialized lenders will make sure that even with your bad credit you can still apply for a car title loan.
Know how much you get and how to apply
Collateral car title loans only need a fully owned car and a lien free car title to qualify as the loan collateral. No credit checks are needed for the loan to be approved in one hour. This is because credit ratings have no bearing on the loan approval. The car is simply inspected and appraised for its true market value.
Low interest rates and longer payment terms
No credit check title loans also carry the lowest interest rates when compared with unsecured bank loans and the lowest in the lending industry. Payments can be as low as $97 per month. Repayment terms are the most and the longest that can be offered. No early payment penalties will be charged if the loan is paid off early.
Fast approval
You get approved in one hour and get to drive off with your car and money on the same day as the approval. You continue using your car while paying off 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 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 1-855-653-5451 and apply now. You can even apply online.