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Car Title Loans Aurora Ontario is Car Title Loans that are Easy to Qualify For

February 14, 2017

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. Lenders for collateral car title loans will inspect and appraise the car for its true market value to determine the loan amount.
  • The car title must be lien free.
  • Make sure that the overall engine performance and the condition of the car is more than satisfactory.

You must also be able to provide the following:

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

No credit checks are needed

No credit checks will be done by the lender 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 up to 4 years. Loan amounts can be up to $40,000 for car title loans Aurora Ontario.

Interest rates and terms

Loan interest rates for collateral vehicle 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 up to 4 years.

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.