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When you qualify your car for a collateral vehicle title loan, you not only get quick cash to solve those unexpected money problems, but you reap the full benefits as well.

Car title loans are not hard to understand even before you enter into them. There are no secrets to getting a vehicle title loan and you can even save a lot of money because of the very low interest rates and adjustable loan terms.

What is a car title loan?

Collateral vehicle title loans are secured loans based on the equity value or true market value of your car that serves as collateral for the loan. However, even if you pledge your vehicle as collateral, you only need to leave the lien free vehicle title as collateral with the lender so a lien can be placed on it until the loan is fully repaid.

The main benefits

No credit check title loans are called thus because no credit checks are necessary for loan approval. No matter how your credit stands – good, bad, or none at all – your credit has no bearing on the loan approval. The loan is based on the security of your collateral. Interest rates are the lowest in the lending industry because up to 70 percent lower interest can be offered against the closest competitor. Loan terms start at 2 years and can be adjusted up to 5 years. The loan will not have prepayment penalties or early payment charges. While repaying the loan you continue using and driving your car.

What you need to prepare

All you need to prepare is the vehicle for a detailed inspection and appraisal to determine the vehicle’s true market value. You also need to bring your lien free vehicle title as collateral. Be sure to show your valid driver’s and any proof of permanent residence. Up to $50,000 can be loaned.

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.