What is a collateral car title loan?
Collateral quick cash loans uses a lien free car title of a fully owned car as collateral. The borrower’s car must be fully paid for and must not have any standing loans on it. The lien free car title is left with lender as collateral and is returned when the loan is fully paid.
Do collateral car title loans have high interest rates?
Interest rate is the lowest in the lending industry for collateral vehicle title loans and the lowest when compared to other loans. Payments can be as low as $99 per month.
How long is the loan repayment term?
No credit check title loans have the longest repayment terms and the most flexible up to 4 years, the longest that can ever be offered.
What about borrowers with bad credit?
Bad credit and even no credit have no bearing on the loan approval. Because of this, no credit checks are ever needed for the loan approval. The loan is approved in one hour regardless of the borrower’s credit rating.
What do I need to qualify?
Just bring in the car for inspection and appraisal to determine the true market value for the loan amount, and submit a valid driver’s license and proof of permanent residence. Up to $35,000 can be borrowed.
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