All you need to have to qualify for collateral vehicle title loans is a fully owned and paid for car as the collateral. You must have the car title fully in your name and must be lien free. The car continues to be used even while the loan is being repaid. You can borrow up to $30,000 based on the car’s true market value after it is inspected and appraised.
Borrowers of collateral vehicle title loans must be able to provide:
Once all this is submitted, inspected, and the car appraised, the loan is approved in just one hour.
Loan rates and terms
Loan interest rates are the lowest in the lending industry for collateral car title loans. In fact, they can be offered much lower than what the competition can offer. Loan payment terms are also adjustable and the longest that can ever be offered.
No early payment charges
No early payment penalties will be charged if the loan is paid off early. The loan is already secured by the collateral so no early payment penalties, high interest, short terms, and even credit checks are necessary for no credit check title loans.
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.