Credit ratings have no effect on loan approval
Unlike unsecured bank loans or short term loans that do not approve loans for borrowers with bad credit or no credit, financing for collateral bad credit loans gives borrowers with a fully owned car a chance to get financial emergency cash even with bad credit or no credit. This is because the loan is already secured by the collateral.
Loan amount based on true market value of car
The loan’s maximum amount will always be based on the true market value of your car. No credit check title loans can provide fast funding because the loan process is fast and approved in one hour. Aside from the inspected and appraised car and car title, just present a valid driver’s license and proof of permanent residence.
Low interest with no hidden fees or penalties
Collateral vehicle title loans have the lowest interest rates and most flexible loan terms. You even get to drive your car during the whole loan repayment duration. Interest rates can be much lower than what any competitor can offer. Payments can be as low as $97 per month. Loan payment terms are the most flexible and the longest that can be offered. This is good news for your monthly payments since you can choose what is best for your budget.
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.