When you’re in need of fast emergency cash because of financial emergencies, what can you expect from unsecured bank loans and short term loans? The worst thing is the very high interest rates. Good thing that collateral car title loans have the lowest interest rates and the longest payment terms.
Collateral car title loans are more practical
All that is needed to qualify for the loan is a fully owned car. Also the car title must be lien free because the car title is left with the lender who then places a lien on the car title until the loan is fully repaid. The lien is then removed. While repaying the loan the borrower is allowed to keep using the car. The car is inspected and appraised for its true market value for the loan amount. Up to $30,000 can be borrowed based on this.
Credit checks aren’t necessary
Unsecured bank loans and short term loans cannot be an option for borrowers with bad credit or no credit at all. With no credit check title loans no credit checks need to be done for the loan approval.
In contrast to unsecured bank loans
The biggest contrast to unsecured bank loans and even short term loans is that collateral vehicle title loans offers the lowest interest rates in the whole lending industry. Much lower interest rate is offered versus any competitor out there. Loan payment terms are the most flexible and the longest that can be offered.
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.