Bad Credit Loans Burnaby British Columbia Only Needs a Fully Owned Car as Collateral

Collateral vehicle title loans converts fully owned cars as collateral for fast emergency cash.

If you need some emergency cash in the quickest time and you have a fully owned car just sitting in your garage, why not convert that car into collateral for a collateral vehicle title loan. You can even continue driving the car while repaying the loan since collateral vehicle title loans are not car pawns.

Bad credit is not an issue

The best thing to consider when getting collateral car title loans is that no matter what condition your credit history is in you are still approved for the loan after 1 hour. These loans are already secured by the collateral so there is no need to conduct a credit check. While unsecured bank loans will reject a borrower with bad credit, a collateral car title loan won’t.

Easy application with a one-hour approval

Collateral no credit check title loans only needs the borrower to leave the car title with the lender. Since the car won’t be left behind, the lien free car title will have a lien placed on it. This lien is removed and the car title returned once the loan is fully repaid. The car is then inspected and appraised for its true market value to determine the loan amount. This can be between $1,000 and $25,000. The loan is approved in one hour after the borrower shows a valid driver’s license and proof of permanent residence.

Conventional loans can’t compete with the low interest rates

A collateral auto title loan carries the lowest interest rates in the whole lending industry. Up to 70 percent lower interest rate is offered versus the closest competitor out there. The loan payment terms are the most flexible. It starts at 1 year and can be adjusted up to 5 years. No early payment penalties will be charged if the loan is paid off early.

Snap Car Cash 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 from 2 years to 5 years. For more information about the company, its title loans and other services, call Snap Car Cash free at 1-888-886-SNAP (7627) and apply now or apply online.