Quick Cash Medicine Hat Alberta is the Best Option Because Car Title Loans Have the Lowest Interest Rate

Secured loans vs. unsecured loans

Secured collateral quick cash loans simply use a fully owned car and its lien free car title as collateral in exchange for the loan. In reality however, it is actually only the car title that is left with the lender so a lien can be placed on it. After the loan is fully repaid the lien is removed and the car title returned to the lender.

On the other hand, unsecured bank loans will only be approved if the borrower has a good credit rating. Interest rates are also enormously high and loan payment terms are very short at 60 days. Loan payment terms for collateral car title loans are the most flexible and the longest up to 7 years.

Bad credit, no credit, no problem at all

If a borrower has bad credit or no credit, loan approval is still given in just one hour. This is because the loan is secured by the collateral. The borrower can continue to use and drive the car while repaying the loan. You can even borrow up to the full value of the true market value of the car.

Secured loans have the lowest interest

No credit check title loans have the lowest interest rates ever. Much lower interest rate can be offered against any competitor out there.

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.