Collateral vehicle title loans work by using your car title as collateral to secure the loan. The loan amount is based on the true market value of the car, so you allow the lender to hang on to your car title temporarily and a lien placed on it until the loan is fully repaid. You get the title back once you complete payments on the loan.
Big loan boost
If your finances are hard up, Lethbridge Alberta car loans can help you get a huge financial boost. You’ll never experience credit checks and long approval processes. You can get as much as $30,000. Repayment terms are the longest that can ever be offered.
No credit checks are needed
Since the loan is secured by the collateral, there is no need to check your credit rating. That means that you can get the loan even with bad credit. No credit checks mean loan approval in just one hour for collateral car title loans. Interest rates are the lowest in the lending industry.
A good lender provides good loan service
All you have to do to apply:
- The lender inspects and appraises the car for its true market value.
- Make sure the car title is lien free.
- Show your valid driver’s license.
- Proof of permanent residence.
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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