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Car Loans Newcastle Ontario Ensures Loan Approval Even for Bad Credit Borrowers

February 15, 2017

If your finances are in great difficulty, collateral car title loans can help you get fast emergency cash as a solution. While short term loans and unsecured bank loans require credit checks and long approval processes, a collateral car title loan does not. You can get your loan approved in just an hour without credit checks.

Credit checks never matter with collateral car title loans

Since the amount you receive is based on the true market value of your car being the collateral, there is absolutely no need for credit checks. That means that you can get the loan even with bad credit. Car loans Newcastle Ontario will determine if your car qualifies as the collateral while the car title must be lien free so a lien can be placed on it by the lender as the alternate collateral since the borrower is allowed to keep driving the car until the loan is fully repaid.

Low interest rates and reasonable terms

Interest rates for collateral vehicle title loans are the lowest in the lending industry and the lowest when compared to unsecured bank loans and short term loans. Payments can be as low as $97 per month. Loan repayment terms are the longest up to 4 years.

All you have to do to apply is to:

  • Submit the lien free car title and the car for inspection and appraisal.
  • Show a valid driver’s license and proof of permanent residence.

For more information about collateral car title loans, 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.