At Car Title Loans Canada, Collateral quick cash loans work by using your car title as collateral to secure a loan. The amount you get is based on the true market value so you allow the lender to hang onto the car title temporarily as security. You get the car title back once you complete loan payments. if late payments are done then there is a risk on your collateral. While traditional loans require credit checks and long approval processes, collateral auto title loans do not.
No credit checks are ever needed
Since the loan amount is completely dependent on the true market value of your car, there is absolutely no need for credit checks. That means that you can get the loan with even if you have bad credit. No credit checks also shorten the approval time.
Good customer service as well
When you need cash fast, you do not have time to sift through all those unsecured bank loans and short term loans. Just find collateral vehicle title loans because your loan is approved in just one hour. Interest rates are the lowest in the lending industry with payments as low as $97 per month. Repayment terms are the longest and most flexible ever.
All you have to do to apply is to:
- Fill out the very short application form online that is standard for no credit check title loans.
- Bring in the car for inspection and appraisal.
- Show a valid driver’s license and proof of permanent residence.
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.