Have You Heard You Can Get Bad Credit Car Loans Prince George or Collateral car Title Loans?
A collateral car title loan is a loan associated with getting quick emergency cash for urgent or unexpected needs.
Surprisingly, many people who are in need of some quick emergency cash may not even be aware that collateral car title loans exist at all. However, once you know and understand how a collateral car title loan works it can be the thing to help you out of a financial situation or emergency.
The basic concepts of a collateral car title loan Prince George
A collateral car title loan works by using a fully owned car and its car title as collateral by the borrower who applies for the loan. The car title must be lien free to qualify as collateral as well. The amount of the loan is based on the true market resale value of the car after inspection and appraisal by the lender. Up to $35,000 can be borrowed based on this.
Lowest interest rates
Interest rates for collateral car title loans are the lowest in the whole lending industry and the lowest when compared to unsecured bank loans and short term loans. Up to 70 percent lower interest rate can be offered against the closest competitor.
It only takes an hour
Applying for a loan can be processed within one hour. The lender inspects and appraises the car and car title for its true market value, and the borrower then shows a valid driver’s license and proof of permanent residence. It’s that simple and fast.
Payment terms range from 2 years to 5 years
Loan payment terms for no credit check title loans range from 2 years up to 5 years. Between $1,000 and $35,000 can be borrowed based on the car appraisal.
Hopefully this information was helpful and you now have a better understanding of what a collateral car title loan actually is. Canada Car Cash is a leading collateral car title lending company. This locally-owned and managed company has been helping individuals with their finances offering collateral title loans for cars. They give borrowers a chance to get quick cash easily, with the lowest interest rates and loan payment terms from 2 years to 5 years. For more information about the company, its title loans and other services, call Canada Car cash toll free at 1-866-973-5214 and apply now or apply online.
Our Car Title Loans In Prince George11A 100 Tabor Blvd S,
Prince George, BC V2M 5T4, Canada
Contact Us Here