You have an unexpected emergency that needs fast cash. However, what if you have bad credit that keeps you from getting an unsecured bank loan or short term loan? Taking out collateral quick cash loans is the best way to get fast cash with no credit checks involved.

How do collateral car title loans work?

The lender inspects and appraises the car based on its true market value and then gives you a loan. The lender then holds on to your car title until your loan is repaid. So long as the car is fully owned and the car title is lien free, they qualify as collateral.

Who qualifies for collateral car title loans?

Anyone can qualify for collateral vehicle title loans so long as the collateral qualifies. All that is needed aside from the car and car title is a valid driver’s license and proof of permanent residence. The borrower can continue using the car until the loan is paid off.

What is the time period given for the loan?

No credit check title loans have loan terms that are the longest up to 5 years. That spells good news for those on a tight budget for monthly payments.

What is the interest rate and are additional fees charged for early payments?

Interest rates for collateral auto title loans are the lowest in the lending industry. Payments can be as low as $97 per month. Anything the competition offers will be met with a lower interest rate offer.

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