Collateral car title loans need no promotions

Unlike unsecured bank loans and short-term loans, almost no lenders of collateral car title loans indulge in heavy promotions such late night TV ads or radio ads. Awareness for this type of loan mostly comes from word of mouth and from the internet. In addition, these loans offer larger loan amounts because the loan is based only on the car’s true market value.

Lowest interest rate

Interest rates for car title loan Woodbridge Ontario are the lowest when compared to unsecured bank loans and short-term loans. You can pay as low as $99 per month because of the lowest interest rate. Loan payment terms are the most flexible and the longest up to 4 years.

No credit checks needed   

One big benefit of no credit check title loans is that lenders don’t need to run credit checks to approve a loan. Whether the borrower has bad credit or no credit, it won’t matter because the loan is secured by the collateral and this is the fully owned car and its lien-free car title.

No hidden fees and charges

Unlike short term loans and unsecured bank loans that are notorious for hidden charges, this type of loan carries no such hidden fees. Even if the loan is paid off early, no early payment penalty will be charged.

For more information about collateral car title loans, or if you’re a subprime borrower, get in touch with Instant Cash Canada. Your 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.