A Bad Credit History is Nothing to Worry About Even with Car Loans Crossfield Alberta

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A Bad Credit History is Nothing to Worry About Even with Car Loans Crossfield Alberta

Aug 12, 2015

A bad credit report should never stop you from getting a collateral vehicle title loan.

A bad credit report will never matter if you’re applying for any secured collateral vehicle title loans. These are the practical fast cash loans that are the answer for those unexpected financial emergencies or sudden payments. They are fast because your loan is approved in one hour so long as the collateral is secured consisting of a fully owned car with its car title.

Applying for a secured collateral vehicle title loan

All you need to do is to search out online for lenders who only specialize in car title loans for subprime borrowers. These lenders will make sure that even with your bad credit history you can still get your loan approved because the loan is secured by the collateral.

Know what minimum requirements are needed

All you need to submit for no credit check title loans are the following:

  • Submit your car for a detailed inspection and appraisal for its true market value to determine the loan amount.
  • The car title must be lien free so the lender can place a lien on it until the loan is fully repaid.
  • A valid driver’s license.
  • Proof of permanent residence.

The great benefits of collateral vehicle title loans

Aside from having no credit checks even if the borrower has bad credit, collateral vehicle title loans:

  • Have the lowest interest rate in the lending industry. Up to 70 percent lower interest rate can be offered against any offer that the closest competitor can come up with.
  • Loan terms start at 2 years and are adjustable up to 5 years.
  • You can borrow as little as $1,000 and as much as $35,000.
  • You can still use the car while paying off the loan during the term.

At Instant Loans Canada, we loan you money based on the value of your vehicle, not your credit score. That means that you have fast access to cash whether you have bad credit or no credit at all. Call Instant Loans Canada toll free at 1-866-973-5214 and apply now or apply online. It’s almost a fast-money guarantee that you can be out the door in an hour with your loan amount. We’ve got the process down pat. Be on the winning side of annoying debt. Just think of Instant Loans Canada as the beginning of a way out.