Short term 90-day or 30-day loans will offer no solution to borrowers. Collateral vehicle title loans have 1-year to 5-year repayment terms.
There are a lot of pros and advantages when getting collateral vehicle title loans because they offer only key solutions for those unexpected money problems and financial emergencies.
Fast loan approval in one hour because it’s needed
Collateral car title loans allow the borrower to access fast emergency cash. You can have your loan approval in one hour since the process is so quick and simple. All you need to bring is the car title that should be lien free, a valid driver’s license, proof of permanent residence, and the vehicle for a detailed inspection and appraisal to determine its true market value.
Credit checks will not matter at all
No credit check title loans work by you putting up your car title as collateral to secure the loan. There is no need to have a credit check done because of this. No matter what credit the borrower has the loan is approved if the collateral qualifies. The loan amount borrowed can be between $1,000 and $25,000 based on the car’s true market value.
You keep driving your car
Another big advantage of a collateral car title loan is that even though you are putting your title up for the car, you can still keep your car and drive it during the loan period while you are repaying the loan. Of course, once the loan is fully repaid the car title is returned to you and the lien on it is lifted.
Very low interest rates
Collateral vehicle title loans will run from 1 year and are flexible up to 5 years. During this time, you pay the lowest interest rates in the whole lending industry and the lowest when compared to unsecured loans. Up to 70 percent lower interest rate can be offered versus the closest competitors out there.
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.