When applying for collateral vehicle title loans the requirements are not hard to submit because they’re all handy and within reach.
For collateral vehicle title loans these are the only requirements needed:
- Bringing in the borrower’s fully owned car for a thorough inspection of the engine and the vehicle’s condition and appraisal of its true market value to determine the loan amount.
- A valid driver’s license.
- Proof of permanent residence.
- The car title that should be lien free.
For collateral vehicle title loans make sure you meet the following criteria:
- Your car should not be more than 8 years old. Some adjustments can be made by the lender if the car is in really good condition to qualify for collateral vehicle title loans.
- Your car is fully paid off and the car title should be lien free.
- The borrower must be at least nineteen (19) years of age.
Collateral car title loans no longer need to do credit score and credit report checks because these will not matter at all with the loan approval. Collateral auto title loans are approved regardless of the borrower’s loan history because the loan is secured by the collateral. Credit checks for this type of loan are not necessary so long as your car qualifies and the car title is lien free. Loan approval after the collateral is cleared and qualified comes in just one hour.
Look at the terms for collateral vehicle title loans
- Loan payment terms will range from 1 year and are flexible up to 5 years.
- Loans can be as little as $1,000 and as high as $25,000, again depending on the true market value of the vehicle after appraisal of the car.
- You get to keep and drive the vehicle during the loan term.
- Can be paid early within the loan term with no penalty charges.
- No credit check title loans offer up to 70 percent lower interest rate versus any competitor out there.
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.