Unlike unsecured loans or short term loans, fast cash loans offer loans using a fully owned car and lien free car title as collateral. This loan has long-term payment term options with low interest.
Your vehicle is enough capital
Unsecured and short term loan lenders does not lend to borrowers with poor credit scores or no credit history because they don’t want to take any risks. However, with collateral car title loans, no credit checks are needed because the loan is secured with the collateral.
Easy processing for collateral vehicle title loans
To start, all you need to do is to fill out the online loan application and submit. The entire application process is done through automated interface, so no more filling up 10 pages by hand for unsecured loans or short term loans. All you need to prepare is the car title, your valid driver’s license, proof of permanent residence, and the car itself for inspection and appraisal.
Great benefits from collateral title loans
No credit check title loans have the lowest interest rates even when compared to unsecured loans or short term loans and in the whole lending industry. Payment terms can run the longest and the most flexible that can be offered. You even continue to use and drive your car while paying off the loan. No early payment penalty 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.