A bad credit history will never stop you from getting a collateral vehicle title loan for those financial emergencies.
A bad credit report will never matter if you’re applying for a secured loan such as collateral vehicle title loans. All you need is a fully owned and paid for car and its car title. Any bad credit rating you have will have no bearing on the loan approval. You can solve any financial emergency or unexpected money problem with this type of loan.
Apply with a lender that specializes in collateral vehicle title loans
Seek out lenders who specialize in collateral car title loans because this is the only type of loan made especially for subprime borrowers. You can still get a collateral vehicle title loan even with bad credit or no credit. All you need to do is to leave your car title with the lender as collateral and a lien will be placed on it. The lien is removed when the loan is fully paid back.
Know what you need before you apply
- When you bring in your car for inspection and appraisal the lender needs to find out the true market value of the vehicle and use it as your basis on how much you really need to borrow. The loan amount can be as low as $1,000 or as much as $25,000.
- The car title must be lien free.
- You need to present a valid driver’s license.
- Also present proof of permanent residence.
Apply and be approved in one hour with the lowest interest rate
Interest rates for no credit check title loans are the lowest in the whole lending industry and the lowest when compared to unsecured loans and short term loans. Up to 70 percent lower interest rate can be offered versus even the best competitors out there. Loan repayment terms also start at 1 year and is flexible up to 5 years.
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.