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Equity Loans Burlington Ontario is a Good Option for Fast Cash

July 15, 2016

How do collateral vehicle title loans work?

With collateral equity loans the lender appraises the price of your car based on its true market value and then gives you the loan amount that can be up to $40,000. The lender holds on to your car title until your loan is repaid. You are allowed to continue using the car while repaying the loan. Once the loan is fully repaid, the car title is returned and the lien placed on it is lifted.

Adjustable loan terms with the lowest interest

The loan repayment terms run the longest and most flexible at 4 years, terms only no credit check title loans can offer. It isn’t the traditional short term loan with terms of only 30 days. Interest rates are the lowest in the whole lending industry and even the lowest when compared to short term loans and unsecured bank loans. Payments can be as low as $97 per month.

Other benefits

Because collateral vehicle title loans are secured by the collateral, no credit checks will be made. As soon as the loan is approved in one hour, you get the loan amount and you continue using the car until the loan is paid off, in which the car title is returned to you.

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.