You Only Need a Fully Owned Car as Collateral for Bad Credit Loans Leduc Alberta to Solve Those Financial Emergencies
The biggest advantage of collateral bad credit loans is that you can get fast cash for those sudden financial emergencies. This is due to the easy and quick loan process. All the lender needs to do is to inspect and appraise your car.
No credit checks need to be done
Whether you have good or bad credit, so long as you fully own a car, you are eligible for collateral car title loans. Your car and its car title are used as collateral for the loan. You borrow money off the car’s true market value. Loan amount can go up to $30,000.
Lowest interest rates and longest payment terms
Interest rates are much lower than anything the closest competitor can offer. This means the interest rate is the lowest in the lending industry. It is definitely lower than unsecured bank loans and short term loans. Loan payment terms are the longest and most flexible ever.
Very little paperwork to submit
No credit check title loans need very little paperwork requirements. The borrower only needs to bring their fully owned car and its car title for inspection and appraisal. The car title needs to be lien free to qualify as collateral. Then the borrower submits a valid driver’s license and proof of permanent residence. The borrower can also continue using the car while repaying the loan during the loan term.
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.