There are hardly any disadvantages when you get a collateral vehicle title loan.
Fast cash after approval in one hour
For financial emergencies or sudden cash problems, collateral car loans allow the borrower access to fast emergency cash after a one-hour loan approval. You can have your cash in that same hour since the process is so fast and simple. You get to borrow as much as $50,000.
No credit checks by the lender
Collateral vehicle title loans work by putting up the car title and the car as collateral for the loan. Because of this there is no need for the lender to conduct background credit checks. No matter what the condition of your credit history, be it bad or even if it’s not there, your loan gets approved.
You can keep driving your car
You can still keep your car and drive it even though you are still paying for the loan.
Affordable interest rates
No credit check title loans are given the longest payment terms you can ever experience. You also get the lowest interest rates in the whole lending industry and the lowest if compared to unsecured loans or short term loans.
Very little paperwork
No paperwork is hardly needed. Bring in the car for inspection and appraisal, present the car title to show that it is lien free, show your valid driver’s license, and show any proof of permanent residence. When all this is submitted or done with, you get loan approval in one hour and the money in that same hour.
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.