Car Title Loans At 70% Lower Interest Rates

No Credit Check Title Loans London Ontario

Getting fast cash from a secured loan such as a collateral vehicle title loan is the best solution to your financial emergencies.

A secured collateral vehicle title loan means the borrower pledges a vehicle and vehicle title as collateral for the loan. The collateral becomes a secured debt owed to the lender. So long as the vehicle is fully owned and paid for, it can become the collateral for the loan. Since the vehicle can be driven by the borrower while the loan is being repaid, only the vehicle title is left with the lender.

Unsecured loan can never compete with vehicle title loans

With an unsecured loan, the creditor may only satisfy the debt if the borrower’s credit rating is high. Anything lower and the loan is not approved. Due to the added security for the lender, a secured pawn my car for cash title loan attracts lower interest rates than an unsecured loan. Credit scores normally don’t affect approvals for vehicle title loans. What matters is the borrower’s ability to repay even if employment checks aren’t done by lenders.

The main benefits of secured vehicle title loans

As mentioned earlier, credit scores and reports will not matter because the loan is secured with collateral of equal value or more to the loaned amount. Loan amount is valued based on the vehicle’s true market value as well as engine condition. Lenders will always offer the lowest interest rate that is protected by consumer legislation, making it the lowest in the lending industry. Repayment period for car title loans is usually 1 year but can extend up to 2 years. Aside from these:

  • No credit checks are ever made to determine loan approval because the loan is already secured by the collateral. This is why these loans are also called no credit check title loans.
  • Since the collateral secures the loan, the borrower continues to use the vehicle while paying back the loan.
  • No early payment penalty will be charged should the loan be paid off early and there are no hidden fees throughout the loan processing.

At Real Car Cash Loans, we loan you money based on the value of your vehicle with the lowest interest rates in the industry. You get fast access to cash with or without 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.

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.