It is So Easy to Apply for Equity Loans Lacombe Alberta

To qualify for collateral equity loans you only need to meet or submit the following:

  • You only need to be at least 19 years old.
  • A fully owned car with its lien free car title.
  • Having comprehensive or collision insurance will increase the true market value of the car and give the lender some security.
  • A valid driver’s license.
  • Proof of permanent residence.
  • Vehicle registration.

Once all requirements are submitted and all criteria are met, loan approval comes in just one hour. The borrower can loan depending on the car’s true market value. The borrower even continues using the car while repaying the loan because the lender simply puts a lien on the car title.

Lowest interest rates with the longest payment terms

Collateral car title loans offer the lowest interest rates in the lending industry. It can offer much lower interest compared to other competitors out there. Loan payment terms are the longest up to 4 years.

Lenders don’t do credit checks

No credit check title loans don’t need to do any credit checks on the borrower because the loan is already secured by the collateral. So no matter how bad or non-existent a borrower’s credit is, it won’t matter with the loan amount.

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.