There was a time when people with an urgent money crisis would turn to short-term loans even with high-interest rates. Now, those who need loans immediately can turn to collateral Car Title loans Whitchurch Stouffville. For this loan, all you need is your paid-up car that is fully owned and the car title to serve as collateral for the loan.

The benefits are plentiful when compared to other loans

One important benefit of collateral car title loans is that credit checks are not required by the lender even if the borrower has bad credit. The lender does not need to credit checks because the loan is already secured by the collateral. Interest rates are the lowest when compared to other unsecured and short-term loans and are the lowest in the lending industry. Payments can be as low as $97 per month. Payment terms are the longest up to 4 years.

The entire process of getting a collateral title loan takes only a few minutes to an hour

All the borrower needs to do is to show proof of permanent residence, a valid driver’s license, the loan application, the car title, and of course the car itself for a detailed inspection and appraisal to determine the loan amount based on the vehicle’s true market value. No credit check title loans are approved in one hour and the cash is given on the same day.

For more information about collateral car title loans Whitchurch Stouffville, or if you’re a subprime borrower, get in touch with Instant Cash Canada. Your credit score will not matter to 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.