How to Apply for a Bad Credit Loans Maple Ridge British Columbia - Instant Loans Canada

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How to Apply for a Bad Credit Loans Maple Ridge British Columbia

Jun 22, 2015

If you really need quick cash, a collateral vehicle title loan is just what you need to solve those sudden unexpected money problems.

People will always experience unexpected financial emergencies or sudden budget problems. These money problems will always find a solution when you get a collateral vehicle loan without resorting to getting an unsecured bank loan or short term loan that might turn into a larger debt because of the high interest rates. All that is needed is a fully owned car and its car title as collateral.

Getting a collateral car title loan is easy with these practical steps to follow:

Find out how much loan amount you really need

Car title loans can have loan amounts as little as $1,000 and as high as $35,000. Of course this is all based on the car’s true market value after the car is inspected and appraised by the lender.

No need to worry about credit ratings

Lenders of collateral vehicle title loans will not check credit scores. This is because bad credit or no credit or any credit rating for that matter has no bearing on the loan approval. The collateral already secures the loan so the lender doesn’t need to do any credit checks.

The 3 best benefits you can get

Aside from the above benefits, there are three other benefits that are the best when you get a collateral vehicle title loan:

  • You get the lowest interest rates in the lending industry. Up 70 percent lower interest rates can be offered when compared to the competition.
  • Loan payment terms can be adjusted starting at 2 years and can go up to 5 years.
  • No early payment penalties will be charged if the loan is paid off early.

Your car title must be lien free

To qualify for no credit check title loans, just make sure your car title is lien free. This is because the lender needs to put a lien on it during the loan term or up to the time the loan is fully paid.

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.