Collateral equity loans are a way of receiving fast emergency money for sudden money problems and use your fully owned car as secure collateral. The borrower presents the lien free car title and other paperwork requirements to the lender. When the loan is fully paid back your car title is returned.
Collateral car title loans drastically reduce interest rates. These low interest rates are the lowest in the lending industry, and the lowest when compared to car pawns, unsecured bank loans, and short term loans.
No credit check title loans offer the longest and most flexible repayment terms that can ever be offered. Combined with the convenience of a 100% online process and a one-hour approval with no credit checks needed, repayment terms can be as long as 7 years and is very flexible. You even continue driving and using the car while repaying the loan.
The lender simply inspects and appraises the car for its true market value. No credit checks need to be done because the loan is secured by collateral and is approved in one hour even if the borrower has bad credit. The paperwork that needs to be prepared are a valid driver’s license, vehicle registration, car or collision insurance, and proof of permanent residence.
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.