With Fast Cash Today Chestermere Alberta Loans All You Need is Your Car as Collateral

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With Fast Cash Today Chestermere Alberta Loans All You Need is Your Car as Collateral

Oct 02, 2015

Using your car and car title as collateral for a collateral vehicle title loan is your best solution for those unexpected financial emergencies.

Using the car title of your fully owned vehicle as collateral for a loan isn’t that large a risk because it’s a much better option to either selling the car or going to a car pawning shop that will charge enormous interest rates. Also, unlike unsecured or short term loans, Collateral vehicle title loans do not conduct credit checks just to approve the loan.

You keep driving your car

When you use your car title as collateral to obtain a collateral vehicle title loan you can still continue using your car since only the vehicle title will be left with the lender and lien placed on it. Just make sure that your car is fully paid for and that the car title is lien free.

Very little requirements needed to submit

All you need is to fill out a basic online application form. All you need to present is your valid driver’s license and any proof of permanent residence. To be approved in one hour, collateral car title loans only need to thoroughly inspect and appraise your car for the true market value to determine the loan amount.

Loan for emergencies with no credit checks

Unlike unsecured loans, no credit checks title loans are already secured by the collateral and that means no credit checks are necessary. Your credit history will not matter with the loan approval. Once the loan is paid off, the lender returns the car title with the lien on it removed.

Lower interest rates

Unlike unsecured loans and short term loans, collateral vehicle title loans have the lowest interest rate in the whole lending industry because up to 70 percent lower interest can be offered against the closest competitors. Loan payment terms also start at 2 years and can be adjusted up to 5 years.

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.