What if you don’t have the title to your fully owned car? There are unique situations when the car title is not on hand such as when your car was a gift or the title was lost in a natural calamity. To qualify for collateral fast cash loans you will need the car title.
Getting your car title
Assuming that you fully own your car and the car title has no outstanding liens on it, you can get a duplicate copy of your title. You just need to go to the local DMV (the Driver’s License Bureau at the Department of Motor Vehicles) and fill out some forms. Know what requirements to submit beforehand as this will save you time.
Collateral vehicle title loans are easy to apply for
Your car title qualifies you for collateral vehicle title loans because although your car is the collateral, it is the car title that is left with the lender so a lien is placed on it. The lien is removed once the loan is fully repaid. The car is then inspected and appraised for its true market value. Up to $25,000 can serve as loan amount.
The lowest interest rates
Consider the best option no credit check title loans can give and this is the lowest interest rate in the whole lending industry. Payments can be as low as $97 per month.
The most flexible payment terms
Loan payment terms are the longest that can be offered. Should the loan be paid off early, no early payment penalty will be charged.
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 1-866-973-5214 and apply now. You can even apply online.