Are You Considering Applying for a Car Title Loan?
Unexpected things happen in life that can leave you needing money fast. The sad reality is that 62% of Americans don’t even have a thousand dollars in savings to deal with an unexpected expense. That’s why car title loans exist: to give people the opportunity to take care of their expenses and pay off the loan promptly, even if they don’t have the credit to take out a personal loan, or they need more money than a personal loan can provide. If you’re looking to get a car title loan fast, you should know these five things before you decide to get one.
1. Good Credit, Bad Credit, or No Credit Score?
The amount of money that a car title loan provides is based solely on the value and the condition of the car, so if you don’t have good credit, it’s still easy to get one. You just hand over the title of your car, and from there, you get your money in minutes. As long as you pay back the loan on time, you have absolutely nothing to worry about. Need to file your taxes to improve your credit score? Click Here!
2. Same Day Loans With Auto Title loans
You might not know this, but when you walk in to get a car title loan, once you’re approved, you’re walking out with the cash that very same day. That cash gives you the ability to deal with whatever you need in life, and then you pay back the loan four months later (depending on the terms of the loan). There has never been an easier way to get a car title loan fast!
3. Maximum Loan Amounts
If you didn’t already know, a car title loan can get you between $2,510 and $50,000, so they’re great for unexpected expenses. Remember, the value of the loan is going to depend on the value of the vehicle, so the more that your vehicle is worth the bigger the loan that you can receive will be.
4. Flexible Loan Terms and Auto Title Loan Repayment Plans
This is true for any type of loan, so you should already know going into it, but you should never get a car title loan fast that you don’t think that you’ll be able to pay off. The loan company is providing you service so that you can get back on your feet, so you should do them the courtesy of being able to pay back the loan on time. If you have any questions, the company will have people that are happy to talk to you.
5. No Lien-Free Title? No Problem
If your car isn’t paid off, the loan company can use part of the loan that you’re receiving to pay off your car loan, so you only have to pay back the loan company. This is great because auto title loan workers will work with you to make sure you get the lowest interest rate loan possible.
Secure a Loan Today!
If you’re stuck in a bind, and you’re not sure where you’re going to get the money from, you can take out a car title loan to power your way through. Just make sure that you’re going to have the money to pay it back, and you can walk in with your car title and get a loan within minutes. You can even apply online! It doesn’t even matter if you don’t have great credit. Get a car title loan fast on the very same day you apply!