Collateral vehicle title loans offer a lot of benefits for those who have to meet some urgent financial problem but do not have enough cash on hand.
Easy to qualify and apply for
Collateral vehicle title loans are easy to qualify for. If you fully own a car and its car title has no outstanding lien on it, these serve as collateral for the loan. The process is very simple, as all you have to do is to show your valid driver’s license and proof of permanent residence, and the loan is approved in an hour. Of course, you need to have the car inspected and appraised for its true market value for the loan amount. You can borrow up to $50,000.
Fastest cash in the country
These loans offer you fast cash so long as you meet the minimum requirements. It usually only needs one hour to get the loan approved. Borrowers are given the best loan payment terms that are the longest and most flexible. Interest rates are also the lowest in the whole lending industry and when compared to unsecured loans and short term loans.
No penalties for early full loan payment
Collateral car title loans provide an option to repay the loan early without any early payment penalty charges.
Bad credit or no credit is never a problem
Bad credit or no credit is not a problem. You will be glad to know that people with poor credit will always be approved for no credit check title loans. Your credit is never checked because the loan is already secured by the collateral.
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.