Even with Bad Credit You Can Always Apply for Car Loans Black Diamond Alberta

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Even with Bad Credit You Can Always Apply for Car Loans Black Diamond Alberta

Aug 20, 2015

Collateral vehicle title loans will always be available even for those with bad credit.

A bad credit history is what makes a subprime borrower a high risk borrower. Normally denied by unsecured bank loans and some short term loans, these subprime borrowers have a credit score of less than 650. Fortunately, there are collateral vehicle title loans lenders that can serve subprime borrowers. They are willing to loan money even to those with bad credit or with no credit. Interest rates are the lowest in the lending industry.

Credit history will not matter

No matter how poor or how invisible your credit history is, it will not matter when applying for car title loans. These vehicle collateral loans are secured loans since what matters is a fully owned car and the car title that serves as the collateral. Just make sure that the car title is lien free because the lender needs to put a lien on it until the loan is fully paid.

The application process is no fuss and no hassle

Before the lender approves secured no credit check title loans, the car must undergo a thorough inspection and appraisal. This is to get the true market value of your vehicle so you have an idea how much you can borrow for the loan amount. You can borrow as little as $1,000 and as much as $35,000.

Lowest interest and most adjustable loan term

Up to 70 percent lower interest rate can be offered against the best offer from the closest competitor. This makes collateral vehicle title loans the lowest interest rate in the lending industry. Loan payment terms can be adjusted starting at 2 years and can go up to 5 years. No early payment penalties are charged should the loan be paid off early.

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.