The paperwork required for unsecured bank loans can be intimidating for people who have a limited amount of time to pay off an emergency. In addition, waiting for approval can take several days or even weeks. Likewise, both unsecured bank loans and short term loans have interest rates that are really high. This isn’t the case with collateral bad credit loans.
With collateral car title loans you only need a fully owned car as collateral. You then leave the lien free car title with the lender so you can continue using the car while paying off the loan. The collateral serves to secure the loan and the car title is promptly returned once the loan is fully paid off. The car only needs to be inspected and appraised for its true market value. From this, the loan amount can be determined and can be up to $30,000.
Interest rates are the lowest in the whole lending industry and much lower interest rate can be offered versus any close competitor out there. Payment terms are the longest and most flexible that can be offered. Applying for no credit check title loans isn’t hard because all you need is a valid driver’s license and proof of permanent residence. No credit checks are ever done for the loan approval.
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.