Collateral Equity Loans Milton Ontario are always based on the car’s true market value. No credit checks are needed because the loan is secured by the collateral. This collateral is in the form of your fully owned car, accompanied by the car title that should be lien free. However, only the car title is left with the lender as the collateral because the borrower is allowed to continue using the car while repaying the loan.
Lowest interest rates at reasonable payment terms
While some unscrupulous short term loans and unsecured bank loans offer 30- to 60-day loans, honest and professionally motivated collateral vehicle title loans spread out the loan over a longer period of time with interest rates that are the lowest in the whole lending industry. Normal payment terms are the longest and most flexible that can ever be offered.
This is a much better loan option than short term loans or car pawning
This option is much better than going for short term loans with very high interest rates and very short 30-day terms. It’s also much better than car pawning in which you have to leave your car with the pawnbroker. With no credit check title loans you keep using your car while paying off the loan. No credit checks are needed to be done and the loan is approved in one hour.
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.