No Matter What Your Credit Score is You Can Always Apply for Equity Loans Fort Saskatchewan Alberta

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.

Factors to Consider Before Obtaining Equity Loans Fort Saskatchewan Alberta

Getting a collateral vehicle title loan may be your best solution

Choosing collateral equity loans for your emergency needs may be the answer for fast cash.

Here are a few things that you need to know before getting one:

Loan amount is based on the true market value of the vehicle

The loan amount that you qualify for is directly based on many factors on your fully owned car. Your car will be assessed its true market value, and the basic loan amount is based on this. You can borrow as much as $50,000. Just make sure the car title is lien free since this will be the collateral for the loan.

Interest rates are the lowest in the lending industry

Because interest rates for collateral vehicle title loans are regulated by law, interest rates for these loans are the lowest in the lending industry and the lowest even when compared to unsecured loans. Likewise, credit checks will not be done because bad credit or no credit will not affect the approval of the loan after just one hour.

Other benefits of collateral vehicle title loans

One of the most important things that customers should know is that they will have options when they apply for no credit check title loans. So long as the car title has no lien on it and the car is in top running condition, these serve as adequate collateral, plus given the fact that the borrower is allowed to continue using the car while the loan is being paid off. Also, loan terms are the longest and most flexible ever.

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.