Collateral vehicle title loans provide immediate access to a loan based on the value of the collateral, which is your fully owned car.
If you own a fully paid for car then you can easily get a collateral car title loan. Anyone with any type of credit rating (good, bad, poor, none) can apply because the loan is not based on your credit report or score but rather on the true market value of your vehicle. Collateral vehicle title loans are approved in one hour since no credit checks and no employment checks are required to process the fast emergency cash loan. While paying off the loan the car remains in the possession of the owner and loan borrower.
The value of your car at low interest rates
Collateral car title loans are secured loans based on your car that is the collateral. This type of loan is low risk for both borrower and lender so the lowest interest rates can be offered. These are the lowest in the whole lending industry. Up to 70 percent lower interest rate can be offered versus any competitors out there. Payback terms are the most convenient and can be scheduled to fit the borrower’s budget starting at 1 year and up to 5 years. All the lender needs is to hold on to the lien free car title and register a lien on it. When the loan is fully paid up, the lien is removed and the car title returned to the owner.
Credit ratings of low, none, and poor will not matter
When credit ratings are concerned traditional unsecured bank loans and short term loans will never approve a loan for borrowers with a bad credit score, previous borrowers with repossessions, those who are self-employed, and those with no credit at all. And if ever a loan of this sort is approved, the interest rates are higher than Mount Everest. This isn’t the case with low interest, long payment term no credit check title loans wherein between $1,000 and $25,000 can be borrowed.
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.