Even if your credit rating is bad or none at all, you can still apply for collateral bad credit loans with its low interest rates, flexible terms, and the ease of applying.
You only need a fully owned car as collateral
Collateral car title loans have become the best option for many people. The only collateral you need to qualify for the loan is a fully owned car and car title that should be lien free. This collateral will be inspected and appraised for its true market value to determine the loan amount.
No credit checks are needed
Aside from the fact that no credit check title loans don’t need credit checks since credit ratings will not matter in the loan approval, the interest rates are the lowest in the whole lending industry. Payments can be as low as $97 per month.
The loan is already secured by the collateral
Another big attraction is the fact that this loan offers the most flexible payment terms. These terms are the longest that can be offered. No early payment penalties will be charged if the loan is paid off early. All the lender needs to submit to have the loan approved in one hour after the car is appraised is 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 1-855-653-5451 and apply now. You can even apply online.