Car Loans Castlegar British Columbia is What You Need When You’re in a Financial Bind - Instant Loans Canada

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Car Loans Castlegar British Columbia is What You Need When You’re in a Financial Bind

May 24, 2016

For anyone with a poor credit report the options for obtaining any unsecured bank loan or short term loan are extremely limited. Even if approved the borrower needs to compensate for the high interest rates. If that person with bad credit fully owns a vehicle, however, collateral car loans are the best solution.

What is good about collateral vehicle title loans?

Getting collateral car title loans doesn’t require the borrower to have any sort of credit rating. That means borrowers with no credit history as well as those with bad credit can equally apply for the loan. There are no required credit checks.

The great benefits of collateral car title loans

  • No credit check title loans are secured by the collateral of the vehicle and the vehicle title.
  • Processing time for the loan takes one hour. You get the fast cash on the same day as the approval.
  • The car is used as collateral, but the owner gets to keep the car and continue using it while paying off the loan. Only the car title is left with the lender.
  • The only paperwork needed is the car title, a valid driver’s license, car registration, proof of car or collision insurance, proof of permanent residence, and a detailed inspection and appraisal of the vehicle to determine the true market value. Up to $35,000 can be borrowed.
  • Very low interest rates, the lowest in the lending industry. Payments can be as low as $97 per month. Repayment terms are up to 5 years.

People in need of fast emergency cash can always turn to Instant Loans Canada. We can get a car title loan fast and today for anyone in need of alleviating any financial headaches. All they need is to get in touch with Instant Loans Canada by calling the toll free number at 1-866-973-5214 and get approved in an hour. Get started today at the nearest Canada-wide network of convenient locations.