Car Title Loans At 70% Lower Interest Rates

No Credit Loan Grande Prairie Alberta

If you need emergency funds, considering getting collateral title loans for vehicles.

In considering applying for a vehicle title loan, you should also consider the following numbers: Short-term loans such as payday loans and unsecured loans have been decreasing annually since 2010 by around 7 percent. The rate of car repossessions for failed car loans has increased by 70 percent since 2010, whereas since the same year, car repossessions from car title loans has constantly remained at 0.6 percent annually. This goes to show that since the 2010 recession collateral title loans have been on the rise, and that vehicle repossessions from these loans have been less than expected because the majority of loans are paid off since the vehicle is important for the borrower’s work and family.

If you want to get the best collateral title loan deal, here are also 5 things you need to consider as well:

You can check your credit reports

Actually, your credit report will not matter because the loan is secured by the collateral which is the vehicle and the vehicle title. So why get a credit update? So that after you pay off your auto title loan you can improve your credit report. Also, you can follow up if the collateral title loan lender gave the correct update for the recent loan.

Collateral title loans carry the lowest interest rates

This is probably the reason of the rise of vehicle title loans. Interest rates are the lowest when compared to other unsecured loans and the lowest in the lending industry. And always remember that approvals come in an hour or less. The borrower is also able to continue using the vehicle even while paying off the loan during the loan term.

Short loan terms are no longer the norm

Around a decade ago, the norm for emergency or no credit loans were short terms such as 30 days and 60 days. Not anymore. Now, you have loan payment terms of 1 year and up to 2 years. Also, should the borrower pay off the loan before the end of the loan term, no early payment penalty fees will be charged.

Real Car Cash Loans is a leading collateral title lending company. This locally-owned and managed company has been helping 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 1 year to 2 years. For more information about the company, its title loans and other services, 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.