Main Advantages of Car Title Loans Turner Valley Alberta - Instant Loans Canada

Blog

Main Advantages of Car Title Loans Turner Valley Alberta

Jun 05, 2015

It isn’t hard to get a collateral vehicle title loan when you need to solve those unexpected financial problems.

It is easy to get a collateral vehicle title loan because all you need is your vehicle title or what is called the certificate of vehicle ownership as collateral for the loan. This type of collateral vehicle title loan is preferred over other methods of borrowing quick money such as car pawning. Other loans like unsecured loans and short term loans, like car pawning, will only bury the borrower in high interest rates. Many people have already taken advantage of car title loans to solve those unexpected money problems.

What are the big advantages of collateral vehicle title loans?

Borrower gets to keep the car and continue driving it while repaying the loan – All the lender needs as collateral is the car title because the lender places a lien on the title.

Loan processing is fast and easy and approval comes in one hour – Other things the borrower just needs to show are a valid driver’s license and proof of permanent residence.

Credit history is not required – No credit check title loans do not require the lender to conduct any credit checks because the loan is already secured by the collateral.

Really fast cash

Once vehicle title loans are approved in one hour, the loan amount is released in that same hour. As little as $1,000 and as much as $35,000 can be borrowed based on the car’s true market value. Other factors that may be considered for the loan amount are the vehicle’s overall condition, total car mileage, and make and model year of the car.

Low interest rates

Interest rates are 70 percent lower than the nearest competitor and this makes it the lowest in the lending industry. This is certainly much lower than any unsecured loan or short term loan.

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.