You can get a collateral car title loan even if you have bad credit.
Unfortunately, for some people, a bad credit rating means you can’t be approved for unsecured loans or some short term loans.
But, collateral vehicle title loans are different
Collateral vehicle title loans simply use a fully owned car and its car title as collateral. The collateral secures the loan. You simply give the lender the car title to your car during the duration of the loan, and the car title is returned when the loan is fully repaid.
How do collateral vehicle title loans work?
Aside from the application you only need to:
- Have your car and car title inspected and appraised for its true market value. The car title should have no outstanding liens on it. You can borrow up to $35,000 based on this.
- Show proof of permanent residence.
- Show a valid and legitimate driver’s license.
After the loan is approved in one hour, the lender gives you the money in that same hour and keeps the car title. You get to keep driving and using your car while repaying the loan.
Lower interest rates for collateral vehicle title loans
Quick cash loans have the lowest interest rate in the lending industry, especially when compared to unsecured loans and short term loans. Payments can be as low as $99 per month.
How much payment term is given?
Loan payment terms for these loans are the most flexible up to 4 years. Repayment terms are always long and flexible for no credit check title loans because the loan is already secured by the collateral.
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.