Let’s face facts that short terms loans and unsecured bank loans are getting harder to apply for because if you have bad credit then the loan is disapproved. Even if it gets approved, the interest rates are sky high. Not so with collateral car title loans London Ontario because as a last ditch financial lifeline it offers very low interest and with longer terms.

Lowest interest rates with no loopholes

Quick cash London Ontario offers the lowest interest rates in the lending industry and are far lower than short term loans or unsecured bank loans. Payments can be as low as $97 per month. The interest rate stays way low. There are no loopholes here.

Loan payment terms aren’t ridiculous

Short term loans and unsecured bank loans have very short and ridiculous short payment terms. With collateral vehicle title loans the loan payment terms are the longest up to 4 years. No early payment penalty will be charged if the loan is paid off early.

Keep driving your car and submit very little requirements

While repaying your loan, you can still keep driving your car since all you leave with the lender as collateral is the car title that the lender places a lien on until the loan is fully repaid. The application is approved in one hour after the inspection and appraisal, showing your valid driver’s license, and proof of permanent residence. The loan amount is determined by the car’s true market value.

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.