You’ll never get approved if you have bad credit when you apply for an unsecured bank loan or a short term loan. Since you are in need of fast cash because of a financial emergency, the best bet you can do is by getting collateral vehicle title loans. These loans certainly come with great benefits.
A simple requirement process and fast cash
The application process is with no red tape. The approval takes only one hour so you’re not waiting anxiously for days or weeks, compared to other types of loans. Once approved, you only need to show your fully owned car for inspection and appraisal, show your valid driver’s license, and proof of permanent residence. You also need to make sure the car title is lien free. The car title itself will serve as the collateral that you leave behind since the lender needs to place a lien on it until the loan is fully repaid. With title loans Calgary Alberta you get to borrow up to $30,000.
Your car conveniently remains with you
Collateral car title loans allow you to continue using your car during the loan term. Loan payment terms are the longest that can be offered. This means that while you’re paying off the loan you keep using your car.
Keep driving your vehicle while you pay off your loan
When you apply for a car loan, you will not have to worry about losing your vehicle and, as a consequence, your mobility. This is because you will not be required to deposit your vehicle upon the approval of your car loan in order to get the funds you need. You’ll be able to continue to drive your vehicle until your loan is fully paid.
Bad Credit car loans makes you relief from stress
Lenders are never concerned about your credit rating. All that matters is that you have a fully paid car with a lien free car title that secures the loan as collateral. So even if you have bad credit you still get approved with the loan.
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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