When applying for collateral quick cash loans the car is inspected and appraised based on its true market value as well as the condition of the car. The car serves as the collateral and the car title should be lien free so the lender can place a lien on it because of the loan.
Collateral car title loans are never based on any credit rating. The borrower may have bad credit but it will never matter with the loan approval. Once loan approval comes in just one hour, the loan amount is released on the same day. Aside from the car and car title as collateral, all you need to show the lender is a valid driver’s license, proof of permanent residence, vehicle registration, and car or collision insurance. The borrower will even be able to continue using the car while repaying the loan.
No credit checks are ever run by the lenders because the loan is already secured by the collateral. The loan is solely based on the value of the car and not on any credit rating.
When you get no credit check title loans, you get extraordinary benefits:
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.