If you need fast cash, a car title loan could be the solution you are looking for. A car title loan allows you to use your vehicle’s equity to secure a loan while you continue to drive your car. Here’s how it works and why it might be a good option for you. What is a Car...
Car title loans, also know as auto title loans, are short-term in nature with loan amounts determined by the value of the borrower's car. It's fast and fairly easy to qualify for these types of loans in that lenders do not run the credit history of those they are lending to. Secure...
We know our business. We’ve been doing it since 1997. Everyone in the title loan industry knows us and I guarantee everyone making car title loans or providing products and services to our industry has read our “Bible” or attended one of our “Bootcamps.” How do you start a consumer...
Other documents, such as proof of income and up to date registration, will be required during the underwriting process. Ultimately, most companies that offer car title loans online will sign off on your loan if you own a paid off vehicle that's worth $5,000 or more!
Payment terms and the APR for a title loan are primarily based on your vehicle's collateral. You should have no problem qualifying for same day cash if you have a paid-off pink slip with enough equity in the car. Other documents, such as proof of income and up to date registration, wi...
Putting Out Financial Fires With A Car Title LoanMalinda Starner
To add a name to a car title when the car has a loan, you usually need the cooperation and consent of the lender. The lender would have a lien against the car for the loan and would technically be its owner. You might have the option of refinancing the l
The car can still be used as usual Though the car is collateral when obtaining a car title loan, the borrower can still go about using the car just like before. All one needs to do is make prompt payments so as to prevent the car from being reclaimed....
What Is a Title Loan? A car title loan can be a fantastic way to solve short term cash needs by using your vehicle to borrow money rather than with your credit score. The amount you are able to borrow is based on your vehicle's value and condition, your individual loan needs, and yo...
If you're in a position to be borrowing against the value of your car using a title loan, the next logical step toward stabilizing your finances may be to sell the vehicle outright. Doing so means you'll have to set a price high enough to pay off the balance and make arrangements to...