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Jumpstart Your Fast Cash Today Port Coquitlam British Columbia with a Collateral Car Title Loan
September 29, 2015
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There are no disadvantages when applying for collateral car title loans. None, honestly.

The main misconception about collateral vehicle title loans is when you default on the loan and lose your car. Collateral vehicle title loans actually dispense with this misconception because all it offers are great benefits for the borrowers who simply need a way to solve unexpected financial emergencies.

Lowest Interest Rates

Today, collateral car title loans have no need for high interest rates because the loan is already secured. These loans carry the lowest interest rates in the lending industry. Up to 70 percent lower interest rate can be offered against the closest competitor out there. There are no early penalty charges if the loan is paid off early long before the end of the term.

You benefit more with collateral vehicle title loans for your emergency needs

The big advantage of a collateral vehicle title loan is that you can get fast cash. Your loan is approved fast in one hour. All the lender needs to do is to inspect and appraise your car and how much they will give you based on the true market value of your car. You can borrow a minimum of $1,000 or as much as $50,000.

No credit checks will be done

Whether you have a good or bad credit history and score, so long as you have a car with its car title, you are eligible for no credit check title loans. Your car is used as collateral for the loan while the car title is left with the lender who places a lien on it until the loan is fully repaid. Loan payment terms are very flexible starting at 2 years and can run up to 5 years, depending on your ability to pay the monthly installments.

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.