Applying for Car Title Loans High River Alberta - Instant Loans Canada

Blog

Applying for Car Title Loans High River Alberta

Jun 04, 2015

You can get a cash loan even with bad credit so don’t hesitate to apply for a collateral vehicle title loan.

Car title loans can give immediate access to quick cash through loans that use your vehicle as collateral. So long as you have fully paid off your car, you can use it as collateral to apply for a collateral car title loan. This loan is approved in just one hour because no credit checks and other employment backgrounds are never done. While paying off the loan, the vehicle remains with the borrower’s possession for continued regular use.

Vehicle title loan at the lowest interest rates

Vehicle title loans are simply secured collateral loans because of the vehicle and vehicle title that are the collateral for the loan. This is considered a low risk loan so the interest rates are usually the lowest in the lending industry. In fact, interest rates are 70 percent lower than any of the closest competitors out there. Loan payback terms are very adjustable starting at 2 years and can run up to 5 years. When the loan is fully paid off, the vehicle title is promptly returned to the borrower and the lien placed on it by the lender is removed.

Borrowers with no credit or poor credit have nothing to worry about

Normally unsecured bank loans will not approve loans for borrowers with bad credit or no credit. Some short term loans won’t even be approved if the borrower is not employed but holds a small business or is self-employed. But there is no problem with borrowers of no credit check title loans or collateral vehicle title loans because the loan is secured by the collateral so no credit checks are needed to be done by the lender. Employment checks are never done either so long as the borrower has a means of income.

Applying is easy

An online application form, the appraised vehicle, the lien free vehicle title, a valid driver’s license, and proof of permanent residence is all that is needed for the loan approval.

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. You’ll speak with a member of our dedicated team and see how Instant Loans Canada can help.