Car Title Loans Spruce Grove Alberta is the Best Loan Option for Emergency Cash

August 17, 2016

Take out a collateral car title loan if you need emergency cash

For collateral car title loans in Spruce Grove Alberta, the lender appraises and evaluates for the car’s true market value to determine the maximum loan amount. This can reach up to $40,000. The lender holds on to your car title and places a lien on it until your loan is fully repaid. The lien is then removed from the car title.

Longer terms with lower interest

Loan repayment terms for collateral vehicle title loans are the longest up to 4 years. Interest rates are the lowest in the whole lending industry. Much lower interest rate can be offered against the closest competitors. Payments can be as low as $97 per month.

Who is qualified?

No credit check title loans do not require any credit checks because all the lender needs is a fully owned car and a lien free car title to serve as collateral. This is all that is needed to qualify for the loan approval in just one hour. Other requirements include proof of permanent residence and a valid driver’s license.

Comparison of collateral vehicle title loan to other loans:

Unsecured bank loans offer personal loans with high interest rates. Repayment terms are also shorter, usually from 6 to 12 months. Loan approval is not given to borrowers with bad credit or no credit.

Short term loans will always charge high interest rates, and repayment terms are limited from 30 to 60 days.

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.