Fast Cash Medicine Hat Alberta are Easily Structured Even If You Have a Bad Credit History

October 7, 2016

You must fully own a car with a lien free car title

This means that you fully own and have paid up on your car and that your car title has no outstanding liens on it to qualify for collateral fast cash loans.

Your car must go through inspection and appraisal

All types of cars must pass inspection and appraisal to qualify for collateral vehicle title loans. The appraisal will determine the total loan amount based on the car’s true market value. Based on this the loan amount can as much as $40,000.

Proof of valid driver’s license and proof of permanent residence

This is to determine if you are really driving your own car and fully own it. Naturally, your permanent residence address will be the one that appears on the car title and the contract you sign with the lender.

No credit checks are needed

No credit checks title loans don’t require any credit checks because the loan is already secured by the collateral. Interest rates for these loans are the lowest in the lending industry, so payments can be as low as $97 per month. Loan payment terms are the longest and most flexible that any borrower will ever encounter 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 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.