What if bad credit keeps you from getting short term loans or unsecured loans? Taking out collateral fast cash loans is one way to get your hands on some fast cash with no credit checks. All the borrower needs is a fully paid for vehicle and the vehicle title to act as collateral.
How do collateral vehicle title loans work?
With collateral car title loans, the lender inspects and appraises your car based on true market wholesale values and then gives you the loan based on what your car is worth or what you really need. The lender holds on to your car title as collateral until your loan is fully repaid.
Longer terms with low interest
No credit check title loans run the longest terms and the most flexible that can ever be offered for any loan. It isn’t the traditional short-term loan. Interest rates are the lowest in the lending industry and even lower when compared to short term loans and unsecured loans. Payments can be as low as $97 per month.
Other benefits
Because the loan is secured by the collateral, no credit checks will be made. As soon as the loan is approved in one hour, you get the fast cash and continue using the vehicle until the loan is paid off, in which the vehicle title is returned to you.
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.