Fast Cash Leduc Alberta Means that You Can Get a Car Title Loan Even with Bad Credit

Collateral fast cash loans are secured loans that provide you with a bigger loan amount as compared to short term loans. They also carry less risk because of the lower interest rate.

The lowest collateral vehicle title loan interest rates

One of the things that make collateral car title loans such a popular loan is the low interest rates. Unlike other short term loans and unsecured bank loans, much lower interest rate can be offered against the closest competitor out there. Payments can be as low as $97 per month. Loan payment terms are the longest up to 4 years.

Bad credit or no credit has no bearing on the loan approval

No credit check title loans do not require any credit checks. Instead, the loans are secured due to the collateral and no credit rating affects the loan. So you can see why this loan is a preferred option, regardless of your credit score.

The loan amount based on true market value

When you bring in your car for a detailed inspection and appraisal, the lender determines its true market value. The car title must also be lien free since this is the collateral to be left with the lender while the loan is being repaid. A lien is placed on the car title and is removed when the loan is fully repaid. The borrower then submits a valid driver’s license and proof of permanent residence for the requirements.

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.