Collateral car title loans are available even for borrowers who have bad credit

Since the loan is already covered by collateral, whatever credit rating the borrower has will not matter. All you need to make sure is that your car is fully owned while the car title is lien free to qualify as collateral for collateral car title loans Calgary Alberta.

Here are a few things other you need to remember with collateral vehicle title loans:

• Collateral vehicle title loans are used to pay off an emergency or an urgent need. Some people may get carried away when they get hold of a lot of money.
• Make sure that your car is fully owned and the car title is lien free.
• The lender will inspect and appraise your car for its true market value to determine the loan amount.
• Make sure you can show proof of permanent residence and a valid driver’s license.

Getting a collateral vehicle title loan is not difficult

Once all the requirements above are submitted, no credit check title loans are approved in one hour.

After you get your loan, you’ll find the interest very low and the terms very long

Interest rates are the lowest in the lending industry. Payments can be as low as $97 per month. Loan terms are the longest 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.