Collateral vehicle title loans only need a fully owned car and its lien free car title to serve as collateral. You can use this to get emergency cash while still keeping possession of the car while repaying the loan. Cars and vehicles that are less than 12 years old easily qualify for the loan.
All you need is to bring in your car for inspection and appraisal for its true market value to determine the loan amount. After this, all the documents you need to prepare as requirements are your valid driver’s license, the car registration, active car insurance with collision deductible, and proof of permanent residence. Once the loan is approved in one hour, you get the loan amount on the same day as the approval.
Collateral car title loans do not require any background credit checks because the loan is already secured by the collateral. The borrower can have bad credit or no credit and the loan will still be approved. Interest rates for no credit check title loans are the lowest that can be offered. Loan payment terms are definitely the longest at 7 years and can be flexible at any time based on your budget and ability to pay. No early payment penalty will be charged if the loan is paid off early.
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.