Bad Credit Loans Longview Alberta Will Always be the Helping Hand for Emergencies

Collateral vehicle title loans have been helping a lot of people hurdle their urgent emergency cash needs.

When you’re in a pinch, car title loans can be the greatest idea you will need for those sudden financial emergencies. However, what gives collateral vehicle title loans its undeserved bad reputation is the misconception that they might be like unsecured bank loans that won’t approve borrowers with bad credit or short term loans that have enormously high interest rates, and expectations for you to pay back these loans within only a 30 to 90 day loan term.

Collateral vehicle title loans are different

There are many reasons that vehicle title loans are much different from their unsecured and short term counterparts. In fact, with interest rates as low as 70 percent lower than the closest competition, this makes collateral vehicle title loans the lowest interest rate in the lending industry.

The longer your repayment terms are, the lower your monthly payment will be.

Real professional and legitimate no credit check title loans have competitive – not sky rocketing high – rates in the lending industry. In addition to low interest rates, they allow customers to pay back their collateral loans over a longer period of time. Payment terms can be as long as 2 years to 5 years. You can borrow as little as $1,000 and as much as $50,000. No credit checks need to be done by the lender because the loan is already secured by the collateral.

Small requirements for a big loan

All that is needed for the one hour loan approval is the fully owned car as collateral, the car title for the lender to place a lien on, a valid driver’s license, and any proof of permanent residence. The borrower even gets to use the car while repaying the loan during the term.

Customers don’t have to fear losing their car any longer when getting a vehicle title loan from Instant Loans Canada. 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.