Applying for a collateral vehicle title loan means your credit won’t be checked as well as having a flexible 1- or 5-year term.
If you’re under the strain of a financial emergency or an unexpected money problem you can always find the best solution when you turn to collateral car title loans. Lenders of these loans offer 1 year and up to 5 years for payment terms and this proves very advantageous to the borrower who has a chance to budget properly for monthly payments.
You get approved fast in one hour
For emergency reasons or sudden cash needs, collateral vehicle title loans allow the borrower access to a loan that is approved in an hour. All that is needed to qualify is a fully owned car and its car title must be lien free. The lender then inspects and appraises the car for its true market value.
No credit checks are necessary
Collateral auto title loans work by simply putting up your fully owned car and car title as collateral for debt security. Because of this there is no need to have a credit check. No matter what the condition of your credit history, even if it’s a bad credit or no credit, it has no bearing on the loan approval.
You keep driving and using your car
You can still keep your car and keep driving even while paying off the loan and your car title has been put up as collateral and has a lien on it from the lender. This lien is then removed when the loan is fully paid off. Of course to be approved for no credit check title loans, aside from the inspection and appraisal, the borrower just needs to show a valid driver’s license and proof of permanent residence.
The lowest interest rates
Collateral auto title loans are secured loans with flexible payment terms starting at 1 year and up to 5 years. Interest rates are very low, in fact, the lowest in the whole lending industry because up to 70 percent lower interest rate is offered versus any close competitor.
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.