Why should borrowers suffer from not getting a loan approval because of bad credit or suffer from loans that charge 150% interest rates when they can get low interest collateral equity loans. The loan amount is always based on the car’s true market value after a detailed inspection and appraisal by the lender.
The collateral is only a fully owned car
Collateral car title loans are simple and unsophisticated loans that only need a fully owned car as collateral. Borrowers can loan up to $100,000 based on the car’s true market value so long as the car title is lien free. These loans have the lowest interest rates in the whole lending industry and repayment terms are the longest you’ll ever experience.
No credit checks are needed for Equity Loans Milton Ontario approval
No credit check title loans do not need background checks to assess a borrower’s ability to repay the loan. There is no need to run any credit checks because they have no bearing on the loan approval. The loan is already protected and secured by the collateral, hence, no credit checks necessary and low interest rates offered. The borrower can even continue using the car while repaying the loan.
It will not matter what your particular credit situation is. Legitimate lenders such as Car Title Loans Canada will help you complete the paperwork and get your loan approved in one hour. You only get the best rate and the longest terms. At Car Title Loans Canada, we loan you money based on the value of your vehicle, not your credit score. Call Car Title Loans Canada Toll Free at 1-866-973-5214 and apply now. You can even apply online.