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When Selecting Loans for Financial Emergencies Even If You Have Bad Credit, the Right One for You is Car Title Loans Brampton Ontario

September 7, 2016

Having collateral vehicle title loans for emergency cash can really help you out. These loans are the perfect solution for everyone instead of getting those bad unsecured bank loans or short term loans with high interest rates or loans that are rejected because the borrower has bad credit.

What to watch out for with collateral vehicle title loans

All you need to watch out for is that to qualify for collateral car title loans you only need a fully owned car and a lien free car title as collateral. The car title is left with the lender and a lien placed on it until the loan is fully repaid. The car is inspected and appraised for its true market value to determine the loan amount. Up to $40,000 can be borrowed.

The loan approval is fast

No credit check title loans are approved in just one hour because no credit checks are needed. The borrower may have bad credit or no credit but this will not matter with the loan approval. The loan is approved in just one hour after the borrower can show a valid driver’s license and proof of permanent residence.

How low is the interest rate?

The interest rate for this loan is the lowest in the whole lending industry. Payments can be as low as $97 per month. The loan payment terms are the most flexible and the longest up to 4 years. No early payment penalty will be charged if the loan is repaid early.

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.