A collateral vehicle title loan is a simple concept
The borrower has their car’s worth appraised and receives money based on that appraisal. The car title is then handed over to the lender until the money is repaid. This poses no threat since the lender only places a lien on the car title and this is removed when the loan is fully paid off. Credit rating is absolutely out of the picture for collateral fast cash loans since no credit checks are made.
The loan is approved in one hour. As long as the car is functioning and legally owned by the borrower, the loan is approved and no credit checks are necessary.
Unlike other traditional loans, this loan allows a borrower to get quick cash
Collateral car title loans are approved even if bad credit or no credit exists. Literally the only thing that matters is proof of one’s ability to repay the loan. It is a second chance for those who have been victims of unfortunate circumstances.
The longest terms ever
Borrowers can also choose how much and how often they wish to pay back, and may pay the full amount at any time without incurring an additional early exit charge. Best of all, the recipient’s car is still in their full possession as long as the payments are made on time. Loan payment terms are the longest and the most flexible ever for no credit check title loans.
Life cannot always be perfectly planned out. Accidents happen, medical bills accrue, and financial emergencies present themselves at inopportune moments. This loan can help out for these situations.
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.