Collateral quick cash loans are secured loans that use a fully owned car and its lien free car title as the collateral. The lender then places a lien on the car title that is left with the lender to secure the loan. The lien is removed and the car title is returned when the loan is fully paid.
Collateral vehicle title loans versus unsecured loans
With unsecured loans, the loan won’t be approved unless your credit rating is really good. Unsecured loans and short term loans also carry very high interest rates. With no credit check title loans, no credit checks are needed for the loan approval. This is because the loan is already secured by the collateral. Also, you get to continue using your car while repaying the loan.
The lowest interest rates
These loans carry the lowest interest rates in the lending industry and definitely far lower than what unsecured loans and short term loans can offer. Payments can be as low as $99 per month. Loan payment terms can run up to 4 years.
Very little requirements to prepare
With collateral car title loans, all you need to prepare is your car for inspection and appraisal, the car title, your valid driver’s license, and proof of permanent residence. You can borrow up to $100,000.
The above are all you need to get fast emergency cash today, so why wait? Stop worrying about you financial emergencies and take control of your finances right now! Your collateral vehicle title loan cash is out there, just waiting for you to come and get it, so let Fast Canada Cash supply your next car title loan! Go get your fast quick and instant car title loan today by applying now or apply online. You can call Fast Canada Cash toll free at 1-(888) 511-6791.