What is a collateral vehicle title loan?
It is a secured collateral title loan for cars or vehicles because it is secured by the collateral of a fully owned and paid off car with its car title. It is also called no credit check title loans because no credit checks are ever done by the lender.
How do you apply for a collateral vehicle title loan?
You start by completing the short online application. Other things you need to prepare are a valid driver’s license, the car title that should be lien free, and any proof of permanent residence.
Are the interest rates for collateral car title loans really low?
Interest rates for collateral vehicle title loans are the lowest compared to other unsecured loans and short term loans and the lowest in the whole lending industry. Up to 70 percent lower interest rate can be offered versus all close competitors out there.
How long are the payment terms?
Payment terms start out at 1 year and are flexible up to 5 years.
What is needed to qualify for a collateral vehicle title loan?
All that is needed to qualify is a fully owned car for a thorough inspection and to determine the true market value for the loan amount.
How much loan amount can be borrowed?
The loan amount is based upon the true market value of your car. As little as $1,000 and as much as $25,000 can be loaned based on this.
How fast will the loan be approved and the money be released?
The loan can be approved in one hour after submitting the application and requirements, with a check or cash in your hands in the same hour it is approved.
Is good credit necessary to get a loan?
Lenders for collateral car title loans don’t need to check for any credit report or history because the loan is already secured by the collateral.
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.