Short term loans and unsecured bank loans are a very expensive way to borrow money. But, in the case of collateral vehicle title loans, no expensive ways are necessary since interest rates are the lowest in the lending industry and loan terms are the longest and most flexible.
To get a loan, you give the lender the lien free car title in return for a cash loan. You keep the car and the lender keeps the car title that serves as collateral since the lender places a lien on the car title until the loan is fully repaid, and the lien is then removed. Car title loans Burlington Ontario can offer the lowest interest rates in the lending industry and much lower compared to unsecured bank loans and short term loans.
No credit check title loans also mean that the lender doesn’t need to do any credit background checks on any borrower for the loan approval. The loan is approved even if you have bad credit. You can borrow as much as possible depending on the inspection and appraisal for the car’s true market value. All you then need to do is present your valid driver’s license, proof of permanent residence, vehicle registration, car or collision insurance, and make sure the car is not more than 12 years old. Loan repayment terms are the longest up to 7 years.
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.