With collateral car title loans the loan is approved even if you have bad credit, this on top of other great benefits such as:
You must fully own a car with a lien free and clear car title – This means that you fully own and have paid up your car and that your car title has outstanding loans on it to qualify for collateral vehicle title loans.
Your car must go through inspection and appraisal – All types of cars must pass inspection and appraisal to qualify. The appraisal will determine the total loan amount based on the car’s true market value. Based on this the loan amount can as little as $1,000 or as much as $50,000.
Proof of valid driver’s license and proof of permanent residence – This is to determine if you are really driving your own vehicle and own it fully. Naturally, your permanent residence address will be the one that appears on the car title for collateral car title loans.
No credit checks are needed
No credit checks title loans don’t require any credit checks to be made because the loan is already secured by the collateral. Interest rates for these loans are the lowest in the lending industry, with up to 70% lower interest rate offered against any close competitor out there. Loan payment terms are between 1 year and 5 years, the most flexible you will ever encounter.
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.