The biggest advantage of collateral fast cash loans in Milton Ontario aside from the low interest rate and long repayment terms is that bad credit will not matter at all with the loan approval.

Applying for collateral vehicle title loans

Your fully owned vehicle and its lien free vehicle title secures the loan as the collateral. The car title is left with the lender while the borrower continues using the car while repaying the loan. The lender then inspects and appraises the car for its true market value to determine the loan amount.

Long repayments and low interest

Interest rates for collateral vehicle title loans are the lowest when compared to unsecured bank loans and the lowest in the lending industry. Payments can be as low as $97 per month. Loan payment terms are the longest up to 4 years.

Minimal paperwork

Once you are approved in one hour all you need to submit is the lien free car title, a valid driver’s license, and proof of permanent residence.

Low credit score holders benefit from this loan

No credit check title loans don’t need any credit checks because no matter what the credit rating of the borrower this has no bearing on the loan approval. Your cash is given on the same day as the approval and you continue using the car while repaying the loan.

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.