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The main misconception about collateral equity loans is when you default on the loan and lose your car. Collateral auto title loans actually dispense with this misconception because all it offers are great benefits for the borrowers who simply need a way to solve unexpected financial emergencies.

Lowest Interest Rates

Today, collateral vehicle title loans have no need for high interest rates because the loan is already secured. These loans carry the lowest interest rates in the lending industry. Much lower interest rate can be offered against the closest competitor out there. Payments can be as low as $97 per month.

You benefit more with collateral car title loans for your emergency needs

The big advantage from this loan is that you get fast emergency cash. Your loan is approved fast in one hour. All the lender needs to do is to inspect and appraise your car and how much they will give you based on the true market value of your car. You can borrow as much as $50,000.

No credit checks will be done

Even if you have bad credit, so long as you have a car with its car title, you are eligible for no credit check title loans. Your car is used as collateral for the loan while the car title is left with the lender who places a lien on it until the loan is fully repaid. Loan payment terms are very flexible and 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.