car title loans
May 11, 2016
Unlike their short term loan and unsecured bank loan counterparts that can go up to 156% in interest, collateral car title loans offer long terms with the lowest interest rates possible. The rise of collateral vehicle title loans Since 2009 more and more title lending and collateral loan companies have been licensed all over North America. The increase is probably due to the steady decrease of unsecured bank lending and short term lending due to the […]
May 6, 2016
Collateral car title loans shouldn’t be confused with unsecured loans and short term loans. Collateral car title loans are secured loans Collateral vehicle title loans are secured because it uses a fully owned car and car title as collateral. In exchange for a loan amount, borrowers allow the lender to place a lien on their car title, and temporarily surrender the hard copy of their car title. The lien is removed and the car title is returned to […]
May 5, 2016
Paying for a 156 percent loan IS NOT how car title loans work. Collateral vehicle loans have better terms To put in the first benefit being the best, interest rates for collateral car title loans are the lowest in the lending industry and the lowest compared to short term loans and unsecured loans. The loan payment terms are the most flexible and the longest at a whopping 7 years. Credit checks are unnecessary Another unique characteristic […]
May 5, 2016
To apply for collateral Vehicle Title Loans Markham Ontario, all you need is to prepare the following requirements: A lien free car title. Proof of permanent residence. Vehicle Registration. Proof of permanent residence. A valid driver’s license Car and collision insurance. The car itself that must be not more than 12 years old. Bad credit or no credit is not a problem Unsecured bank loans and short term loans require a credit check. Collateral vehicle title […]
April 29, 2016
Collateral car title loans are long term and very low interest loans using a lien free car title and a fully owned car as collateral. The owner may keep possession of the car during the term of the loan. Why are collateral title loans considered less risky? Collateral Vehicle Title Loans Camrose Alberta carry less risk because the loan is secured by the collateral. Even while the borrower is allowed to keep using the car while […]
April 28, 2016
What Are Collateral Vehicle Title Loans? With collateral Vehicle Title Loans Airdrie Alberta, you pledge the car title as collateral in exchange for money from a lender. The precise amount they give you will depend on what kind of vehicle you have, the condition of the vehicle, and its true market value. Surprisingly, the interest rates on such loans are very low, and they are a good option for people who have bad credit. Collateral car title […]
April 25, 2016
Searching for Vehicle Title Loans Vaughan Ontario will never be a problem because of the lowest interest rates, long 7-year loan terms, and no credit checks needed. The value of your car is based on its true market value Since your car will be your collateral, the car must be completely owned and paid for with no outstanding loans on it or any lien on the car title. The car must have comprehensive and collision insurance. The […]
April 22, 2016
Collateral car title loans for emergencies With today’s economy struggling, we’ve all felt the strain of the financial crisis. Most of us have had to make some serious sacrifices to maintain our daily life. When you’re in a pinching emergency, collateral Vehicle Title Loans Caledon Ontario can be the great game changer. Low interest and reasonable terms Loan payment terms are no longer the unfair 30 or 60 day affairs. Loan payment terms run the longest […]
April 19, 2016
Easy application process Online loan application takes less than ten minutes to complete, and you will receive a free pre-approved loan quote right after. Once you are approved for the loan in one hour, you can pick up your cash on the same day. Collateral vehicle title loan based on the true market value Collateral car title loans are based on the true market value of your car, not your credit rating. The lender takes several factors into account, […]