Collateral car title loans are now providing fast and easy loans for borrowers who need emergency cash to solve unexpected financial emergencies.
Short term loans and unsecured bank loans require not only an extensive credit check, but also a long waiting period. Also, these traditional loans offer sky high interest rates and very short repayment terms.
Car loans Charlottetown Prince Edward Island provide only the lowest interest terms, so long as the car title is fully in the owner’s name and has no outstanding liens on it. Much lower interest rate can be offered against the closest competitors.
With no credit check title loans, the paperwork required is minimal, with only the car title, a valid driver’s license, and proof of permanent residence. Credit checks are not necessary for the loan approval since the loan is already secured by the collateral.
Once all requirements are submitted, the lender will be authorized to perform an inspection and appraisal to determine the true market value and the loan amount. Up to $50,000 can be loaned. Loan payment terms are the longest that can ever be offered. The borrower can even continue using the car while repaying the loan since only the car title is required by the lender to be left, and a lien is then placed on the title. This is removed after the loan is fully repaid.
At Canadian Equity Loans, we loan you money based on the value of your fully owned car and not your credit history and score. That means that you have fast access to emergency cash whether you have bad credit or no credit at all. Call Canadian Equity Loans now at their toll-free number 1-844-586-6311 or apply online. Call us now toll free at 1-844-598-7631 or apply online.
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