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What is a collateral vehicle title loan?

Collateral quick cash loans is a cash loan that is offered for a fixed payment term that is the longest ever offered at 7 years. Since it is a secured loan, borrowers need only to put up their car and car title as collateral against the loan. Only the car title is left with the lender and the borrower gets to continue using the car while paying off the loan.

Lowest interest rates

In the whole lending industry, interest rates for collateral car title loans are the lowest, even when compared to unsecured bank loans and short term loans. No other fees will be charged and if the loan is paid off early, no early payment penalty will be charged.

Very little preparation needed

All you need to do is to bring your car title with you and make sure it has no outstanding liens on it. You also need to bring your car for inspection and appraisal for the loan amount based on the vehicle’s true market value. You also need to show your valid driver’s license and proof of permanent residence. Loan approval is fast in one hour. The loan amount is also released on the same day. No credit checks need to be done because credit ratings have no bearing on the loan approval for no credit check title 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.

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