Collateral vehicle title loans can really help out people who are in dire need of fast cash due to financial trouble and all that is needed is a fully owned car and its lien free car title as collateral.
This loan provides fast cash without the hitches
All that is needed for this loan is a fully paid for car and its car title to serve as collateral. The car title is then left with the lender as collateral and the borrower can continue using the car while paying off the loan.
The rise of this loan doesn’t mean a rise in requirements
Some of the contributing factors in the rise of collateral car title loans are short term loans and unsecured loans require too much paperwork and make you wait for days just for the approval. Collateral auto title loans only require you to show your valid driver’s license and proof of permanent residence. This is on top of the car being inspected and appraised for the loan amount and bringing in the car title. You can borrow up to $50,000.
This loan is not expensive
Short term loans and unsecured bank loans aren’t an option for borrowers with bad credit or no credit. No credit check title loans do not require any credit checks, have the lowest interest rates in the whole lending industry, and have long repayment terms that are the most flexible.
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.