Car Title Loans At 70% Lower Interest Rates

Car Title Loans Coaldale Alberta

Collateral vehicle title loans are much better than unsecured loans and with the lowest interest rates and longer terms, they are a much more attractive option than unsecured lending.

The steady rise of vehicle collateral title loans in popularity is a surge in another form of quick cash for the financially vulnerable, slowly replacing unsecured loans such as payday loans. Unlike other traditional lending that can go up to 156% in interest, pawn my car for cash title loans or vehicle title loans are without the very high interest rates.

Collateral vehicle title loans are on the rise because of its practicality

Today, an average of 400 collateral title lending companies is being licensed annually all over North America. The increase is probably due to the steady decrease of payday lending because of high interests that take advantage of low-income borrowers. The normal assumption is that because car title loans involve a vehicle as collateral, there would be fewer borrowers. However, this isn’t the case since people with bad credit can get approved and another contributory factor in the rise of collateral vehicle title loans is that people are allowed to keep driving their car during the loan payment term.

Collateral title loans against payday lending

One main factor in the rise of collateral vehicle title loans is that traditional forms of credit aren’t an option for borrowers with a bad credit score or history. This is the reason why lenders don’t need to do credit checks. In fact, almost anyone who owns a car can get a no credit check title loan in just one hour after the few requirements are submitted.

The key differences with unsecured or payday loans is that borrowers need to show proof of a checking account and contains those triple-digit interest rates. Borrowers are expected to pay off what they loaned within two weeks. With collateral vehicle title loans, it can go to as long as 1 or 2 years.

At Real Car Cash Loans, 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 Real Car Cash Loans toll free at 1-877-304-7344 and apply now or apply online. You’ll speak with a member of our dedicated team and see how Real Car Cash Loans can help.

Car Title Loans Specialist

Call us at 1-877-304-7344

1) Our payment are as low as $97 per month

2) During the loan, you get you keep your car

3) You can pay out your loan anytime without any

penalties

4) Your can borrow up to $25,000 depending on the value of your vehicle

5) You can choose a 1 year or 2 year term loan.