Car Loans Lethbridge Alberta is the Quickest Way to Get Fast Cash from a Car Title Loan

August 10, 2016

How to get started

To start things off, simply make sure that your car is fully owned and paid for and the car title is lien free because these will serve as collateral for the loan. The lender needs to place a lien on the car title while the loan is being repaid, and it is removed after the loan is fully paid.

Lowest interest rate on these loans

Interest rates for collateral car loans are the lowest because much lower interest rate can be offered against the closest competitor. Payments can be as low as $97 per month. Loan payment terms are also longer up to 4 years.

What to have to qualify for the loan:

  • Your fully owned car for inspection and appraisal for its true market value.
  • Proof of permanent residence.
  • Lien free car title.
  • Valid driver’s license.

No early penalty will be charged

No early payment penalty will be charged if the loan is paid off early and no other special or hidden fees will be charged.

How much money can be borrowed?

The loan amount for collateral vehicle title loans is based upon the true market value of the car. You can normally loan up to $40,000.

Fast loan processing and approval

No credit check title loans can be approved in just one hour after taking your application. Lenders also don’t do any credit checks because the loan is already secured by the collateral. So whether the borrower has bad credit or no credit, this has no bearing on the loan approval.

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.