The great benefits offered by car title loans include very easy requirements and loan approval even with bad credit.
Your credit history will never be checked at any time. Your credit will never be a problem so long as your car is fully owned and paid up. Your car is enough as collateral as well as the lien free car title.
Loan approval in just one hour
Loan approval comes in one hour after all requirements are submitted and the loan amount for vehicle title loans is also released in that same hour. Up to $50,000 can be loaned out. Also, no credit checks are ever done.
Drive off with the car while paying off the loan
Unlike car pawning, the lender doesn’t need to keep your car during the duration of the loan term. The car title serves as collateral until the loan is fully paid. Keep driving the car while repaying the loan.
Long payment terms
Short term loans and unsecured loans don’t give borrowers enough time to gather resources to pay off a loan. This means that collateral loans terms make monthly payments more affordable.
No early payment penalties
In case you are able to pay off your loan early, no early payment penalties will be charged.
Very low interest rates
No credit check Collateral loans have the lowest interest rates in the whole lending industry and much lower than any unsecured loan or short term loan has to offer.
At Canadian Equity Loans, we gives you car title loan in Hamilton 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.
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