Anyone can apply for collateral bad credit loans because the loan is not based on your credit rating but on the true market value of your car. Just make sure your car is fully paid for and the car title is lien free.
Collateral car title loans are approved in just one hour since an extensive background credit check is not required. The loan is already secured by the collateral. While paying off the loan, the car remains in the possession of its owner since the car title is what is left behind with the lender. You get the loan amount on the same day after the loan is approved in one hour.
No credit check title loans have the lowest interest rate in the whole lending industry. Loan repayment terms are the longest and most flexible at a whopping 7 years.
There are many reasons why unsecured bank loans may not provide a loan to applicants with bad credit. These include borrowers who have gone through bad credit, those who are self-employed, and people who don’t have any credit at all. With collateral auto title loans, you know exactly what it will cost in terms of interest and repayment terms.
When in need of immediate or emergency fast cash that offers no penalties for early payments and low interest, a collateral car title loan from Quick Cash Canada may be the best option for you. Call Quick Cash Canada Loans toll free at 1-888-517-1625 and apply now for a car title loan. You’ll speak with a member of our dedicated team and see how Quick Cash Canada can help.