The Benefits of Car Title Loans Barrie Ontario Can Get You Fast Emergency Cash

February 23, 2017

Cash problems because of financial emergencies are becoming more commonplace. Due to these money problems many borrowers are drawn to unsecured bank loans or short term loans with higher interest rates at very short payment terms. Collateral car title loans today make these loans completely obsolete. So long as the borrower fully owns the car and the car title is lien free, the loan is guaranteed as secure because of the collateral.

What needs to be done

Applying for car title loans Barrie Ontario isn’t a complicated affair. Just prepare the car title and the car itself for inspection. All that has to be submitted is a valid driver’s license and proof of permanent residence, and your loan is good to go for approval in just one hour.

The benefits of collateral car title loans can never be overlooked

Borrowers don’t have to worry if they have bad credit or no credit. This is because no credit checks are done. The car title is left with the lender as collateral and a lien is placed on it. The borrower can still keep using the car while repaying the loan. No complicated paperwork to be submitted.

Secured loans all the way

No credit check title loans are financially beneficial for borrowers because the interest rates are the lowest in the lending industry. Unlike unsecured bank loans and short-term loans, interest rates are the lowest. Payments can be as low as $97 per month. Payment terms are 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. Your 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.