Car Loans Pickering Ontario is Secured by the Car Title as Collateral

The biggest benefit to getting collateral vehicle title loans is that it enables the borrower to get the money they need fast and with no hassles. The loan is processed and approved in one hour. It is really a very simple process that involves the lender inspecting and appraising your car to determine the loan amount based on the car’s true market value.

Anyone with a fully owned car can get the loan

The collateral for collateral car loans is your fully owned car. The car title should be lien free since this will be left with the lender who will place a lien on it.

There is no credit check involved

The loan is based on collateral that you are putting up, which means the lender is giving you a secured loan. There is virtually no risk for the lender, so the loan is approved in one hour. Bad credit or no credit is never a factor in the loan approval. So long as you have a fully owned car, the loan will be approved in one hour.

Keep driving your car

Another great benefit of no credit check title loans is that while you are repaying your loan, you get to keep the car. Loan repayment terms for no credit check title loans are the longest up to 4 years. Interest rates are the lowest so monthly payments can be as low as $97 per month.

Car Title Loans Canada is a leading collateral title lending company. This locally-owned and managed company has been helping in individuals with their finances offering collateral title loans for vehicles. They give borrowers a chance to get quick emergency cash easily, with the lowest interest rates and loan payment terms that are flexible and the longest. For more information about the company, its title loans and other services, call Car Title Loans toll free at 1-877-804-2742 and apply now or apply online.