If you fully own your car and car title, you can turn that car title into fast emergency cash with the help of collateral vehicle title loans. These loans only need to use the true market value of your car to secure the loan because the car and car title qualify as collateral. Of course, the car title needs to be lien free.

Your car as collateral

Quick cash Milton Ontario requires the collateral to be in good condition. This means the body and engine must be in good condition and rust free, without mechanical problems, very roadworthy, and will past all emission tests. These are all factors to determine the car’s true market value to determine the loan amount.

Get loan approval in one hour and keep driving the car

No credit check title loans allow the borrower to keep driving the car while paying off the loan. The lender simply keeps the car title and registers a lien on it. The lien is removed and the car title returned when the loan is fully repaid. Since the loan is fully secured by the collateral no credit checks are needed. Bad credit has no bearing on the loan approval whatsoever. No early payment penalty will be charged if the loan is paid off early.

No worries with the interest and payment terms

The borrower need not worry about interest rates because the loan offers the lowest in the lending industry. Payments can be as low as $97 per month. Loan payment terms are also the longest up to 4 years.

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.