Not many people know that their fully owned and fully paid car vehicle can now serve as collateral for fast cash Caledon Ontario.

Some People Still Depend On Unsecured Or Short Term Loans

It is unfortunate that during hard financial times many people still turn to unsecured bank loans and short-term loans for fast cash. Unfortunately, both loans carry the highest interest rates you can ever imagine. Also, unsecured bank loans won’t be approved if the borrower has bad credit or no credit. No credit check title loans don’t need any credit checks for the loan approval.

Collateral Vehicle Title Loans Are Secured Loans

With collateral car title loans, interest rates are the lowest in the whole lending industry and definitely lower than unsecured bank loans and short-term loans. Payments can be as low as $97 per month. The value of the loan amount is based on the car’s true market value after it is inspected and appraised.

Direct Lending Through Collateral

Naturally, the car title must be lien free. The lender keeps the car title while the loan is being repaid and the borrower continues to use the car during the loan term which is the longest and most flexible at 4 years.

For more information about how to use collateral for Fast Cash Caledon Ontario, or if you’re a subprime borrower, get in touch with Instant Cash Canada. Your 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.