Equity Loans Medicine Hat Alberta Only Need a Car Title as Collateral

To obtain collateral vehicle title loans, you give the lender your car title to your fully owned and fully paid for car. The lender will inspect and appraise how much is the true market value of your car as well as its usage devaluation, year and make of model, and engine performance.

Loans for emergencies

Contrary to popular belief, equity loans are not expensive. All you need is the car and car title, a valid driver’s license, the car registration, car or collision insurance, and the car must not be more than 12 years old.

The application process is simple

Aside from your online application, you need to show the lender your car for inspection and appraisal as well as leaving the car title with the lender that serves as collateral. That way, you get to keep driving your car during the duration of the loan payment.

The one hour approval

After approval in an hour, the lender gives you the money on the same day and keeps the car title. You get back the car title when the loan is fully paid for. No credit checks are needed for the loan approval. Repayment terms are the longest at 7 years.

How much interest rate is there?

Surprisingly, not many people know that interest rates for no credit check title loans are the lowest in the whole lending industry and even lower when compared to short term loans or unsecured loans.

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.