We all face our share of financial problems and sudden financial emergencies and we are often caught with a lack of funds. Most people tend to go for short term loans or unsecured loans, not knowing that these carry very high interest rates.
Search instead for collateral car title loans
Search instead for collateral car title loans. These loans specialize in borrowers with subprime credit, so even if your credit is bad or non-existent, the loan is still approved in one hour.
Get detailed quotes
Detailed quotes show that honest lenders of collateral vehicle title loans aren’t afraid to provide you all the details that you need. This includes the car’s true market value wherein the loan amount is based. You can borrow up to $50,000 based on this.
Loan payment terms and interest rates
These loans have repayment terms that are the longest that can be offered. Unsecured loans and short term loans can only offer 30 to 60 days. Interest rates are the lowest in the whole lending industry and the lowest when compared to unsecured loans and short term loans. There are no early payment penalty charges for no credit check title loans.
Discuss other benefits of the loan
With a collateral car title loan you are using your existing car that you own as collateral for the loan. Your car title should be lien free because this will be the collateral left with the lender while the borrower continues to use the car while paying off the loan.
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.