Qualifying for Car Title Loans Durham Ontario is Never a Hard Affair

You only need the following to qualify for collateral vehicle title loans:

  • You must be at least 19 years old since this is the legal driving age to own a car.
  • You must own your own car, fully paid for, and the car title should be lien free.
  • The car must be no more than 8 years old.
  • You must have comprehensive vehicle or and collision insurance. This is for the protection of both borrower and lender since the car will continue to be used by the borrower while the loan is being repaid during the loan term.

The borrower must provide the following:

  • A valid driver’s license.
  • Proof of permanent residence.
  • The car itself for inspection and appraisal to determine loan amount.

No extra fees or charges

No fees will be charged for the inspection, lien search, evaluation, and appraisal. No early payment penalty will be charged if the loan is paid off early. Collateral car title loans are approved in just one hour as long as all of the above are met and submitted.

Lowest rates and longest terms

Loan interest rates for no credit check title loans are the lowest in the lending industry. Much lower interest can be offered compared to anything that the closest competitor can offer. Loan payment terms are the longest up to 4 years.

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 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.