Car Title Loans Newcastle Ontario Don’t Require Hard Requirements for Loan Approval

March 18, 2016

Applying for collateral vehicle title loans means that getting one will never be that difficult.

All that is needed is that your car must be fully owned and the car title must be lien free. Naturally, the borrower must have a valid driver’s license and must have proof of permanent residence.

No credit checks needed

Collateral car title loans in Newcastle Ontario don’t employ any form of credit checks or employment background checks. These loans are approved regardless of the borrower’s credit history because the loan is secured by the collateral. Bad credit or no credit has no bearing on the loan approval.

You only need to meet the minimal requirements and criteria:

  • Inspection and appraisal of the car for its true market value.
  • A valid driver’s license.
  • Proof of ownership of vehicles such as car registration and the car title that should be lien free.
  • Proof of permanent residence.

Better terms with the lowest interest rates

Collateral vehicle title loans usually have terms that are flexible and the longest up to 4 years. You even get to keep driving the car during the term and duration while repaying the loan. The loan can be paid off anytime and no early penalties will be charged for early payments. No credit check title loans enjoy the lowest interest rates in the whole lending industry. Payments can be as low as $97 per month.

For more information about collateral car title loans, or if you’re a subprime borrower, get in touch with Instant Cash Canada. Your 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.