You can get fast emergency cash from a bad credit loan such as a collateral vehicle title loan.
Collateral vehicle title loans work by using your fully owned vehicle and its vehicle title to apply for a loan. The amount you get is based on the car’s true market value, so the lender hangs on to your car title as collateral by putting a lien on it. You get the lien removed and the car title back once you complete all the loan payments.
If your finances are in great difficulty a collateral car title loan can help you get a fast emergency cash boost as a solution. While short term loans and unsecured loans require credit checks and long approval processes, collateral vehicle title loans do not. You can get your loan approved in just an hour without wasting time with credit checks.
Credit checks never matter with collateral vehicle title loans
Since the amount you receive is based on the true market value of your car being the collateral, there is absolutely no need for credit checks. That means that you can get a collateral auto title loan with good credit, bad credit, or no credit at all. No credit check title loans will only determine if your car qualifies as the collateral while the car title must be lien free so a lien can be placed on it by the lender as the alternate collateral since the borrower is allowed to keep driving the car until the loan is fully repaid.
Low interest rates and reasonable terms
Interest rates for collateral car title loans are the lowest in the whole lending industry and the lowest when compared to unsecured and short term loans. Up to 70 percent lower interest rate can be offered versus any competitor. Loan repayment terms are flexible starting at 1 year and up to 5 years.
All you have to do to apply is to:
- Fill out and submit the online application form.
- Submit the lien free car title.
- Show a valid driver’s license and proof of permanent residence.
At Snap Car Cash, we loan you money based on the value of your vehicle, not your credit score. That means that you have fast access to cash whether you have bad credit or no credit at all. Call Snap Car Cash free at 1-888-886-SNAP (7627) and apply now or apply online. You’ll speak with a member of our dedicated team and see how Snap Car Cash can help.