Car Loans York Ontario are a type of collateral loan that is offered in exchange for collateral that is a fully owned car and a lien free car title. Normal loan repayment period is the longest and most flexible that can ever be offered. Since it is a secured loan, no credit checks are needed because the loan is already secured by the collateral.
Collateral car title loans carry the lowest interest rates in the lending industry. They are even much lower when compared to unsecured bank loans and short term loans. Loan payment terms are also the longest and most flexible. No early payment penalty is charged if the loan is paid off early.
The borrower only needs a fully owned car and a lien free car title to qualify; the lender simply inspected and appraised the car for its true market value. Based on this, the borrower may borrow as much as $50,000 in loan amount. The loan is approved in one hour since no credit checks are ever done, the loan being already secured by the collateral. No credit check title loans also only need minimal paperwork like a valid driver’s license and any proof of permanent residence.
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.