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September 29, 2015
Jumpstart Your Fast Cash Today Port Coquitlam British Columbia with a Collateral Car Title Loan
September 29, 2015

Collateral vehicle title loans carry very little risk and are mostly the only answer to sudden money emergencies.

Getting an unsecured loan might be difficult due to having poor credit or no credit at all. Getting a short term loan carries a very high interest rate. Good thing the solution to all this is to get a collateral vehicle title loan.

A collateral vehicle title loan carries a very simple concept

If the borrower has a fully owned and paid for vehicle, then this serves as the collateral for the loan and its true market value is assessed for the loan amount. The vehicle title is then handed over to the lender so a lien can be placed on it until the loan is fully repaid. Collateral vehicle title loans pose no threat because up to 70 percent lower interest rate can be offered against the closest competitor. Also no credit checks are ever made by the lender.

Loan approval in one hour

Collateral car title loans are approved and given in one hour. As long as the vehicle is functioning and legally owned by the borrower, the only other checks ever made are on the car title, the validity of the driver’s license, and proof of permanent residence.

Unlike other traditional loans, collateral car title loans allows borrowers to get fast cash

Up to $50,000 can be loaned with a minimum of $1,000 allowed. Borrowers can also choose their flexible loan payment terms and can even pay back the full amount at any time without incurring an early payment penalty. Best of all, the borrower’s car is still in their full possession as long the loan repayments are being made. Loan payment terms can be as short as 2 years and as long as 5 years.

Life cannot always be perfectly planned out. Accidents happen, medical bills accrue, and rare opportunities present themselves at inopportune moments. No credit check title loans can help out for these situations. The application process is quick and simple.

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.