Collateral vehicle title loans carry the lowest possible interest rates in the whole lending industry and with the most reasonable loan payment terms.
The loan is based on the true market value of your car
The loan amount that you qualify for is based on the factors from your car such as its true market value and condition of the engine. Since your car will be your collateral, the car must be completely owned and paid for with no outstanding loans on it and the car title must be lien free.
Interest rates are the lowest
Unlike short term loans and unsecured bank loans that have very high interest rates, collateral car title loans have the lowest interest rates when compared to unsecured bank loans and short term loans and the lowest in the whole lending industry. Payments can be as low as $97 per month.
Great repayment terms that are longer
Repayment terms for no credit check title loans are the longest and most flexible at 4 years. Lenders also require only a valid driver’s license and proof of permanent residence. Of course the car title needs to be left with the lender as the collateral and so must be lien free. No credit checks are required and the loan is approved in one hour.
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.