A collateral car title loan is a secured loan that uses your car and its lien free car title as the collateral. Even after leaving the car title with the lender, you still get to drive your car while paying off the loan.
Interest rates for collateral quick cash loans are the lowest as compared to unsecured or short term loans and the lowest in the whole lending industry. Payment terms are also the longest lasting up to 7 years.
No early penalties will be charged if you pay off your loan early.
Loan amount is based on the vehicle’s true market value
The loan amount is based on true market value. There are other factors to consider such as the engine condition and performance, the year and make of model, and the collision insurance.
Loan approval, after everything is submitted, is in one hour. The loan amount is then released on the same day. Collateral car title loans don’t need long waiting times for approval so long as the collateral is fully owned and the car title is lien free.
You don’t need good credit to get the loan
No credit check title loans don’t need any credit checks because the loan is already secured by the collateral.
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.