What is a collateral vehicle title loan?
It is a secured collateral title loan because it is secured by the collateral of a fully owned and paid off car with its car title. No credit checks are ever done for collateral car title loans.
How do you apply for a collateral car title loan?
You start by completing and submitting the short online application. Other things you need to prepare are a valid driver’s license, the lien free car title, and proof of permanent residence.
Are the interest rates for collateral car title loans really low?
Interest rates for collateral vehicle title loans are the lowest compared to unsecured bank loans and short term loans and the lowest in the whole lending industry. Payments can be as low as $99 per month.
How long are the payment terms?
Payment terms are the longest up to 4 years.
What is needed to qualify for a collateral vehicle title loan?
All that is needed to qualify is a fully owned car for inspection to determine the true market value for the loan amount.
How much loan amount can be borrowed?
The loan amount is based upon the true market value of your car. As much as $35,000 can be loaned based on this.
How fast will the loan be approved and the money be released?
The loan can be approved in one hour after submitting all requirements, with the cash in your hands on the same day.
Is good credit necessary to get a loan?
No credit check title loans don’t need to check for any credit rating because the loan is already secured by the collateral.
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