To qualify for a collateral car title loan, all you need is to meet the following criteria:

• Have a car that must be fully owned. To determine the loan amount, lenders for collateral car title loans will inspect and appraise the car for its true market value.
• The Car Title Loans Vaughen must be lien free.
• Make sure that the overall engine performance and the condition of the car are more than satisfactory.

You must also be able to provide the following:

• A valid driver’s license.
• Proof of permanent residence.
• The car itself is for inspection and appraisal after which the loan is approved in one hour.

No credit checks are needed

The lender will do no credit checks once the car and car title has been secured as collateral. Likewise, no early payment penalty will be charged should the borrower be able to pay off the loan early before the end of the longest payment terms of up to 4 years. Loan amounts can be as much as your car’s true market value for car title loans in Aurora Ontario.

Interest rates and terms

Loan interest rates for Car title loans are the lowest compared to unsecured bank loans, car pawns, and short-term loans. Interest rates are also the lowest in the lending industry. Payments can be as low as $97 per month. Loan terms are no longer the traditional 30 or 60 days. They can be as flexible as up to 4 years.

For more information about Car Title Loans Vaughen, or if you’re a subprime borrower, get in touch with Instant Cash Canada. Your credit history will not matter to 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.