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Getting Bad Credit Loans Uxbridge Ontario Car Title Loans is Good Emergency Cash

June 9, 2016

The bank loan versus your collateral vehicle title loan

An unsecured bank loan will only be approved if your credit rating is impeccably good. Also you’ll have to contend with high interest rates and very short 30-day terms. With collateral bad credit loans, no credit checks are necessary because the loan is secured by the collateral and this is the car and car title. So no matter how bad your credit is, no credit checks are needed for the loan approval. The loan is approved in just one hour.

Consider the worst case scenarios

When you’re faced with an emergency and you need fast cash, how do you get approved with an unsecured loan when you’re credit rating is bad? However, if you have a paid up car and the car title is clean and lien free, then this is the collateral for no credit check title loans. Just bring in the car for inspection and appraisal based on its true market value to determine the loan amount. You can borrow up to $40,000. Also, just show your valid driver’s license and proof of permanent residence.

The best benefits of all

Collateral vehicle title loans carry the lowest interest rates in the lending industry. Payments can be as low as $97 per month. Loan payment terms can run long up to 4 years. When compared to unsecured loans and short terms loans, this loan will always emerge the winner for emergency loans.

For more information about collateral car title loans, or if you’re a subprime borrower, get in touch with Instant Cash Canada. You credit score will not matter with us because what’s important is the car title loan you need. All you need is to call Instant Cash Canada now at 866-840-7395. Apply now and our dedicated team will immediately get to work and gather all the information necessary to get you the loan you need.