Everything you need to know about collateral vehicle title loans will show you the great benefits of such a great loan.
A collateral car title loan is a very low interest loan using a fully owned car and car title as collateral. The owner may keep possession of the car during the duration of the loan term. The car title must be lien free because the lender holds onto it and places a lien on it. This is removed when the loan is fully repaid. Collateral vehicle title loans are the best solution for financial emergencies and other unexpected money problems.
How do collateral vehicle title loans work?
Even when doing loan term payments for collateral car title loans you can keep driving your car. The lender holds the title to your car as collateral and returns it to you when the loan is paid back. You leave with a check or payment, and your car. The car title acts as collateral. The whole process only takes an hour for the loan approval. The lender makes a thorough inspection and appraisal of the car for its true market value and determines the loan amount that can be between $1,000 and $35,000.
Applying online – Make sure you have a lien free car title, valid driver’s license, and proof of permanent residence aside from filling out the online application form.
No credit checks – Even if you have bad credit or no credit this has no bearing on the loan approval because the loan is secured by the collateral.
Great payment and term benefits – Up to 70 percent lower interest rate can be offered against any offer from the closest competitors out there. Loan terms are the most flexible ranging from 2 years up to 5 years, all adjustable to your needs and terms.
At Fast Canada Cash, we loan you money based on the value of your vehicle, not your credit score. That means that you have fast access to cash whether you have bad credit or no credit at all. Call Fast Canada Cash toll free at 1-(888) 511-6791and apply now or apply online. It’s almost a fast-money guarantee that you can be out the door in an hour with your loan amount. We’ve got the process down pat. Be on the winning side of annoying debt. Just think of Fast Canada Cash as the beginning of a way out.