Collateral car title loans are secured loans that only need a fully owned car and its car title as collateral. This is good news for people who need emergency cash to get by from unexpected money emergencies. These loans offer amounts up to $30,000 based on the true market value of your fully owned car.
To get your collateral car title loan started:
- Make sure you have a valid driver’s license and proof of permanent residence.
- Make sure the car title is lien free because a lien will be placed on the car title while the loan is being repaid and will be removed when the loan is fully repaid.
- The lender conducts an inspection and appraisal of the car to determine its true market value.
The main benefits of bad credit loans St. John’s Newfoundland are:
- Lowest interest rates in the whole lending industry and much lower interest rate can be offered against the closest competitors.
- The most flexible loan payment terms that offer the longest payment terms ever.
- No credit checks needed because bad credit or no credit have no bearing on the loan approval for collateral vehicle title loans and approvals come in just one hour.
- Continue driving your car while repaying the loan because the loan isn’t the same as car pawning.
- No early payment penalty will be charged if the loan is paid off early.
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 you more money with far 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 now toll free at 1-844-598-7631 or apply online.
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