The Certificate of Vehicle Ownership is the car title. This serves as collateral when applying for collateral vehicle title loans Pickering. The lender simply holds on to the car title while the loan is active.

The car title is preferred by many as collateral because:

• The borrower has the benefit of keeping the car while repaying the loan on repayment terms of up to 4 years.
• The process is quick and easy.
• It doesn’t matter if the borrower has bad credit or no credit.
• Aside from the car title, the only other things needed for submission are a valid driver’s license and proof of permanent residence.
• The loan amount is made available on the same day once the application is approved in one hour.

Loan amount

No credit check title loans are based on the car’s true market value. Other factors include:

• Overall vehicle and engine condition.
• Total mileage of the car.
• Make and model year of the car.

Lowest interest rates

When it comes to loan interest, collateral car title loans offer lower interest rates when compared to the competition and is considered the lowest in the industry. Payments can be as low as $97 per month.

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.