Applying for the loan is worry-free
All collateral car title loans are never based on any credit rating. The borrower may have no credit history or have bad credit, but it will never matter with the loan approval. Once loan approval comes in just one hour, the loan amount is released on the same day. Aside from the car and car title as collateral, all you need to show the lender is a valid driver’s license and proof of permanent residence. The borrower will even be able to continue using the car throughout the loan term while repaying the loan.
Bad credit, no credit? No worries
No credit checks are ever run for collateral vehicle title loans because the loan is already secured by the collateral. The loan is solely based on the true market value of the car and not on any credit rating. Unsecured bank loans will only approve your loan if your credit score is good.
The best benefits of all
When you get no credit check title loans, you get extraordinary benefits that other unsecured bank loans or short term loans could ever offer.
- Loan interest rate is much lower than other competitors. Payments can be as low as $97 per month.
- Loan terms are the longest at 4 years.
- No early payment penalties will be charged.
Car Title Loans Canada is a leading collateral title lending company. This locally-owned and managed company has been helping in individuals with their finances offering collateral title loans for vehicles. They give borrowers a chance to get quick cash easily, with the lowest interest rates and loan payment terms that are flexible and the longest. For more information about the company, its title loans and other services, call Car Title Loans toll free at 1-855-653-5451 and apply now or apply online.