Car Title Loans Airdrie Alberta - Instant Loans Canada

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Car Title Loans Airdrie Alberta

Jun 01, 2015

It is easy to get a collateral vehicle title loan by simply using the vehicle’s “pink slip” as collateral.

The Certificate of Vehicle Ownership is the pink slip. This serves as collateral when applying for a collateral vehicle title loan. The lender simply holds on to the vehicle title while the loan is active. The pink slip loan or vehicle title lets the owner keep the car even while repaying the loan.

The pink slip or vehicle title is preferred by many as collateral because:

  • The borrower has the benefit of keeping the vehicle while repaying the loan on good terms of 2 years to 5 years.
  • The process is quick and easy.
  • It doesn’t matter if the borrower has bad credit or no credit at all.
  • Aside from the vehicle and vehicle title, the only other things needed for submission are a valid driver’s license and proof of permanent residence.
  • The loan amount is made available immediately once the application is approved in one hour.

Loan amounts of up to $35,000

A typical car title loan amount is based on the vehicle’s true market value. Borrowers can loan from $1,000 and up to $35,000. Other factors include:

  • Overall vehicle and engine condition.
  • Total mileage of the car.
  • Make and model year of the car.

Lowest interest rates

When it comes to loan interest, collateral vehicle title loans offer up 70 percent lower interest rates when compared to the competition and is considered the lowest in the industry. For easy payments, car title loans offer loan terms from 2 years up to 5 years.

All you need to submit as requirements

After the vehicle and vehicle title are inspected and appraised, all that is needed is a valid driver’s license and any proof of permanent residence.

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.