We all have our share of money emergencies or sudden financial problems. Borrowers with imperfect credit can still be approved when applying for collateral equity loans.
Borrowing emergency cash should never be complicated
You only need a fully owned car as collateral. The car title should be lien free for this loan. Collateral auto title loans offer the longest repayment terms that can be offered. All you need is to bring in your car for inspection and appraisal for its true market value to determine loan amount. You can borrow up to $50,000.
You don’t need credit history when applying for this loan
Credit ratings will not matter with collateral car title loans because the loan is already secured by the collateral. You only need to leave the car title with the lender while you continue using your car during the repayment term.
Lenders will never ask for so much paperwork
After bringing in the car for appraisal, all you need to show the lender is the lien free car title, a valid driver’s license, and proof of permanent residence. Once everything is submitted and in order, the loan is approved in just one hour and you get the loan amount on the same day.
No pawning required and no hidden fees or other charges
There are no hidden fees or processing fees with no credit check title loans, and no early payment penalties will be charged if the loan is paid off early.
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.