Car Title Loans Belcarra British Columbia - Instant Loans Canada

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Car Title Loans Belcarra British Columbia

Jun 01, 2015

You only need your fully owned vehicle to get a low interest rate collateral vehicle title loan to solve those pesky financial emergencies.

The biggest advantage of collateral vehicle title loans is that you can get fast cash for those sudden financial emergencies. You can have your loan money in just one hour when your loan is approved as well. This is due to the easy and quick loan process. All the lender needs to do is to appraise your vehicle and how much they will loan.

No credit checks need to be done by lenders

Whether you have a good or bad credit history, so long as you fully own a vehicle, you are eligible for a collateral vehicle title loan. Your car and its car title are used for collateral for the loan. You borrow money off the car’s true market value. So loan approval is not dependent on any credit history but on the collateral you put up. Loan amounts may start off at $1,000 and can go up to $35,000. That’s how much you can borrow from the value of your vehicle.

Lowest interest rates and longest payment terms

Interest rates are 70 percent lower than anything the closest competitor can offer. This means the interest rate is the lowest in the lending industry. It is definitely lower than any unsecured bank loan and short term loans. Loan payment terms start out at 2 years and can be adjusted up to 5 years.

Very little paperwork to submit for collateral vehicle title loans

Car title loans need very little paperwork requirements to submit. The borrower only needs to bring their fully owned vehicle and its vehicle title for inspection and appraisal. The vehicle title needs to be lien free to qualify as collateral. Then the borrower can just submit a valid driver’s license and any proof of permanent residence. The borrower can also continue using the vehicle while repaying the loan during the loan term. This is because car title loans are collateral loans and not car pawns.

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.