Collateral car title loans have been helping a lot of people hurdle their urgent emergencies.
When you’re in a pinch, bad credit car loans can be the greatest solution for those sudden financial emergencies. However, what gives collateral car title loans its advantage over unsecured bank loans and short term loans is the very low interest rates as well as the long repayment terms.
Collateral car title loans are different
There are many reasons that bad credit loans are much different from other loans. In fact, collateral vehicle title loans have the lowest interest rates in the lending industry.
The longer your repayment terms are, the lower your monthly payment will be.
Title loans have competitive and lower – not sky rocketing high – interest rates in the lending industry. In addition to low interest rates, they allow borrowers to have the longest and most flexible repayment terms that can ever be offered. You can borrow as much as $30,000. No credit checks need to be done by the lender because the loan is already secured by the collateral.
Small requirements for a big loan
All that is needed for the one hour loan approval is the fully owned car as collateral, the car title for the lender to place a lien on, a valid driver’s license, and any proof of permanent residence. The borrower even gets to use the car while repaying the loan during the term.
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.