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Car Loans Caledon Ontario Has Great Benefits with 4-Year Terms

November 2, 2016

Collateral car loans offer repayment terms of up to 4 years. All that is needed is a fully owned and fully paid for car as collateral and the car title must be lien free.

You get approved in just one hour

With collateral vehicle title loans you can have your loan approved in just one hour since the process is so quick and simple. You only need to have the car inspected and appraised for its true market value to determine the loan amount that can be up to $40,000.

No credit checks are needed

No credit check title loans work by simply putting up the car title along with the car as collateral. Because of this there is no need to have credit checks. No matter what the condition of your credit rating it has no bearing on the loan approval. You can even keep your car and drive it while repaying the loan. All you then need to present for the loan approval is a valid driver’s license and proof of permanent residence.

The lowest interest rates

These secured loans give you loan payment terms that are the longest up to 4 years. Interest rates are very low, the lowest in the whole lending industry because the loan is already secured by the collateral. Payments can be as low as $97 per month. Even if the loan is paid off early no early payment penalty will be charged.

For more information about collateral car title loans in Caledon Ontario, or if you’re a subprime borrower, get in touch with Instant Cash Canada. You credit history 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 toll free 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.