Collateral vehicle title loans are based on the vehicle’s true market value.
Your car title serves as the collateral for collateral quick cash loans. You still need to bring in your vehicle for inspection and appraisal since the loan amount will be based on the vehicle’s true market value.
Keep driving your car
While paying off your loan during the agreed term, you get to keep driving your car. This is because the car title acts as the collateral and keeps the loan secured. Because the loan is secured, unlike unsecured loans and short term loans, interest rates for collateral vehicle title loans are the lowest in the lending industry. Payments can be as low as $97 per month. Loan payment terms are the longest that can ever be offered.
No credit checks means fast approval
Whatever condition your credit rating is in, it won’t matter because no credit checks will be made. Again, this is because no credit check title loans are already secured by the collateral. All you need to prepare for the fast approval is your valid driver’s license and any proof of permanent residence. Of course, make sure that your car title is lien free with no outstanding loan on it. Just how fast is the approval process? It only takes one hour and you get your loan amount on the same day.
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.