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Car Loans Leduc Alberta is Car Title Loans Perfect for Borrowers with Bad Credit

October 13, 2016

Collateral car title loans need no credit checks

Collateral vehicle title loans are secured using the car title as collateral. These loans have very low interest rates. The lender does not have to do any credit checks. This is because the loan is already secured by the collateral.

Collateral vehicle title loans have very low interest

No credit check title loans using cars as collateral have the lowest interest rates in the whole lending industry. Much lower interest rate than the competition at any time. Interest rates are also much lower than unsecured loans because the loan is secured by the collateral. Payments can be as low as $97 per month.

All you need as collateral is your car title

Aside from the car title that serves as collateral in place of the car, there are other things you need to submit. The car has to be inspected and appraised for its true market value for the loan amount that can be as much as $40,000. The borrower continues to use the car while repaying the loan. The borrower also needs to show a valid driver’s license and proof of permanent residence. Loan payment terms are the most flexible and the longest up to 4 years for collateral car 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.