Turning Your Car Title into Car Title Loans Lloydminster Alberta - Instant Loans Canada

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Turning Your Car Title into Car Title Loans Lloydminster Alberta

Sep 07, 2016

If you fully own your car and car title free and clear, you can turn that car title into fast emergency cash when you apply for collateral car title loans. These loans only need to use the true market value of your car to secure the loan because the car and car title qualify as collateral. Of course, the car title needs to be lien free.

Your car as collateral

Collateral vehicle title loans require the car body and engine to be in good condition and rust free, without mechanical problems, very roadworthy, and will pass all emission tests. These are all factors to determine the car’s true market value to determine the loan amount. This can be up to $35,000.

Get loan approval in one hour and keep driving the car

No credit check title loans allow the borrower to keep driving the car while paying off the loan. The lender simply keeps the car title and registers a lien on it. The lien is removed and the car title returned when the loan is fully repaid. Since the loan is fully secured by the collateral no credit checks are needed. So bad credit or no credit has no bearing on the loan approval whatsoever. No early payment penalty will be charged if the loan is paid off early.

No worries with the interest rate and payment terms

The borrower need not worry about interest rates because these loans offer the lowest in the whole lending industry. Payments can be as low as $97 per month. Loan payment terms are the longest 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.