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A bad credit history will not matter, ever, when applying for secured collateral car title loans.
Collateral equity loans will make sure that even with bad credit or no credit you can still get the loan approved in one hour. All that is needed is a fully owned and not more than 12-year old car to serve as collateral.
Know how a collateral car title loan works
- Find out the true market value of the car after it is inspected and appraised.
- You’ll need to show a valid driver’s license and proof of permanent residence for the paperwork for collateral car title loans.
- Aside from the lien free car title to be used as collateral, make sure the car has collision insurance. The car title is actually left with the lender as the collateral until the loan is fully repaid.
- The loan is approved in one hour with no credit checks needed. The cash is released on the same day as the loan approval. No employment checks are also done for no credit check title loans.
- Interest rates are the lowest in the whole lending industry.
- Loan payment terms are the most flexible and longest that can be offered at 7 years.
- Get the cash and keep driving the car even while repaying the loan during the term.
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.