It Is So Easy to Apply for Car Title Loans Leduc Alberta - Instant Loans Canada

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It Is So Easy to Apply for Car Title Loans Leduc Alberta

Jun 10, 2015

It is not that hard to qualify and get a collateral vehicle title loan so you can solve those sudden money emergencies.

To qualify for vehicle title loans you only need to meet the following minimum criteria:

  • You only need to be at least nineteen (19) years old or older – naturally because these are the ages allowed to have a driver’s license.
  • A fully owned car with its corresponding car title, all free of loans with the title being lien free.
  • Having both comprehensive and collision vehicle insurance will increase the true market value of the car and give the lender some security.

All you need to provide in the way of paper requirements are:

  • A valid driver’s license to prove the borrower is the one driving the car.
  • Any proof of permanent residence.
  • Your vehicle’s registration and any vehicle insurance.

Once all requirements are submitted and all criteria are met, loan approval comes in just one hour. The borrower can loan starting at $1,000 and can go up to $35,000 depending on the car’s true market value. The borrower even continues using the car while repaying the loan because the lender simply puts a lien on the car title.

Lowest interest rates with the longest payment terms

Car title loans offer the lowest interest rates in the lending industry. It can offer up to 70 percent lower interest compared to other competitors out there. Loan payment terms are from 2 years to 5 years adjustable at your convenience and budget.

Lenders don’t do credit or employment checks

Lenders don’t need to do any credit checks on the borrower because the loan is already secured with the collateral. So no matter how bad or non-existent a borrower’s credit is, it won’t matter with the loan amount. No credit check title loans doesn’t even care about employment so long as the loan is secured by the collateral so no employment background checks are necessary.

Instant Loans Canada is a leading collateral title lending company. This locally-owned and managed company has been helping individuals with their finances offering collateral title loans for vehicles. They give borrowers a chance to get quick cash easily, with the lowest interest rates and loan payment terms from 2 years to 5 years. For more information about the company, its title loans and other services, call Instant Loans Canada toll free at 1-866-973-5214 and apply now or apply online.