Important Things You Need to Know About Bad Credit Loans Vancouver British Columbia

Getting fast emergency cash with online collateral vehicle title loans

When you’re in a pinch because of a financial emergency and you’re in dire need of fast cash, you might want to consider collateral vehicle title loans. They provide a reliable way to use a fully owned car as collateral, making this loan low risk, low interest rate, but long term. It’s easy to apply for a collateral car title loan and you get approved in one hour. No credit checks are involved so anyone with a paid up car qualifies.

Imagine, no credit checks

It may seem strange for borrowers with bad credit or no credit that finally nobody is paying any attention to their credit rating and still willing to give them a loan. With collateral car title loans all that is needed aside from the fully owned car is the car title that should be lien free. The car title is left with the lender and a lien is placed on the car title until the loan is fully repaid. The lien is then removed and the car title returned to the borrower.

Emergency loans in one hour

No credit check title loans have the lowest interest in the whole lending industry because up to 70 percent lower interest rate is offered versus the closest competitor. Once the car is fully inspected and appraised for its true market value, the loan is approved in one hour. The borrower even gets to keep driving the car while making the loan payments until the loan is fully repaid. All the borrower needs to show is a valid driver’s license and proof of permanent residence.

A flexible payment term

Collateral vehicle title loans have the most flexible loan payment terms starting at 1 year and are adjustable up to 5 years. No early payment penalties will be charged if the loan is paid off earlier than the stipulated payment terms.

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.