Applying for collateral bad credit loans is not difficult if you really need quick cash for emergencies.
Your car must be fully owned to take out the loan
All that is needed to qualify for collateral vehicle title loans is a fully owned car and a lien free car title as collateral. The car title is left with the lender so the borrower continues using the car while paying off the loan.
The process can be done in an hour
This is because there are no credit checks involved. Since it is a secured loan and your car is collateral, there is really no risk for the lender. So even if the borrower has bad credit the loan is approved in one hour. The interest rates are the lowest in the whole lending industry.
Cash is obtained fast
The biggest advantage of no credit check title loans is that you can get fast emergency cash. All the lender needs to do is to inspect and appraise your car for its true market value. Based on this you can borrow as much as $30,000. Repayment terms are the longest and the most flexible.
No credit checks needed
Whether you have bad credit or no credit you are eligible for the loan. Your car is used as collateral for the loan. The loan is approved in one hour and all the paperwork you need to present is a valid driver’s license and proof of permanent residence.
Car title loans or sometimes called equity loans is the only service offered by Canada Car Cash. This means that Canada Car Cash can loan more money with less requirements. We can help you by calling us now or getting in touch online. We can give you an estimate of what you really qualify for. Call us at 1-844-598-7631.