Car Title Loans Anmore British Columbia - Instant Loans Canada

Blog

Car Title Loans Anmore British Columbia

Jun 01, 2015

Why go for unsecured and short term loans that only give you high interest and short loan terms when you can get collateral vehicle title loans that offer the lowest interest rates and the longest loan terms ever.

For whatever reason they need fast cash, collateral vehicle title loans allow the borrower access to a loan using a fully owned vehicle and vehicle title as collateral. You can have the loan amount in just one hour since the process is quick and simple.

No credit checks are ever needed

Collateral vehicle title loans work by you putting up your vehicle and vehicle title as collateral to secure the loan. There is really no need to have any kind of credit check done because of this. No matter what bad credit or no credit condition the borrower may be in, the loan is approved based on the collateral and nothing else.

You can keep driving your car

Another big advantage of collateral vehicle title loans is that even though you are putting the vehicle title as collateral the loan, you can still keep the car and keep driving it during the loan period.

Lowest interest rates with the longest terms

Collateral car title loans are not short term loans because the loan term starts at 2 years and can be adjusted up to 5 years. Loan interest rates are up to 70 percent lower than the closest competitor, so this means that car title loans have the lowest interest in the lending industry. It is most certainly lower than any short term loan and unsecured bank loan.

Car title loans are low risk loans

This is because the collateral has already secured the loan. No credit checks need to be done so whether the borrower has no credit or a bad credit history it won’t matter with the loan approval. Since the loan is based on the vehicle’s true market value, the loan amount can go up to $35,000.

No early payment liabilities

Should the loan be paid off earlier than the term, no early payment penalties will be charged on the borrower.

Instant Loans Canada is a leading collateral title lending company. This locally-owned and managed company has been helping individuals with their finances offering collateral title loans for vehicles. They give borrowers a chance to get quick cash easily, with the lowest interest rates and loan payment terms from 2 years to 5 years. For more information about the company, its title loans and other services, call Instant Loans Canada toll free at 1-866-973-5214 and apply now or apply online.