Aside from borrowing up to $25,000, there are other great benefits from collateral car title loans.
No credit checks, no job requirements, no early payment penalties, one-hour approval, low payment rates and long payment terms are some great benefits of collateral car loans for those people looking for quick emergency cash to solve those unexpected money problems.
No credit check
All that is needed is your fully owned car and its car title as collateral. It doesn’t matter if you have bad credit or no credit because no credit checks will ever be made. You can borrow up to $25,000 based on the true market value of your car after inspection and appraisal.
Loan approval in one hour
No credit check title loans are approved in just one hour after your fully owned car is inspected and appraised and the car title is determined to be lien free. All you need to submit is a valid driver’s license, proof of permanent residence, and proof of vehicle ownership.
Keep driving your car
Lenders of collateral vehicle title loans understand that your car is your asset so while making loan payments you get to keep driving your car. All you need to leave with the lender is the car title so a lien can be placed on it, and is removed once the loan is fully repaid.
No early payment penalties
You can pay back the loan even before the flexible 4-year payment term ends. No penalties will be charged. This, on top of the great payment term of 4 years plus interest rates that are the lowest, with monthly payments as low as $97 a month.
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.