Your Car Title is All You Need.
Your car title is all you need to access a loan. We are not talking about a small amount here. Our lenders approve cash that is even up to 50% of your car’s worth. We know there are instances where you need money badly and you have bad credit too. You do not have to worry if you find yourself in that situation. Your car title can be your lifeline in that situation.
We will connect you to direct lenders who will listen to you and work out a solution for you. We have a secure website, and you should not worry about the safety of the information you feed on our site. We will treat all your personal information as confidential.
Once you fill out the loan request form on our website, lenders will go through your request, and you will receive offers from lenders who are willing to fund your loan. Since you do not have to go to any agency to begin the process, you have the liberty to fill out our online form at any time or day.
You would have to go through the offers that our lenders are willing to offer you. In this case, be sure to go over the interest rate and the principal amount. Some lenders may decide to offer you an amount smaller than what you requested while others may be willing to provide you with that amount. You should not only base your decision to move on with one lender on the amount. You should also check the interest rate. Some lenders offer a higher interest rate than others. You should also consider the repayment schedule before making a decision. Ask questions when you are not clear about the terms of the lender’s offer.
Once you decide the lender to proceed with, you can discuss everything with him and conclude before the lender approves your loan. Once the lender approves your loan, they would ask you to sign for indicate your approval.
Can I Qualify for This Loan?
You do not need lots of documents to qualify for a car title loan. You should, however, meet the following requirement. You should be at least 18 years old. You should also have a valid government issued ID card. The ID card must bear the same name as the one the one you have on your car title. You would also be asked to provide proof of a steady source of income and of course, you would be required to present your car title.
One good thing about this loan is that you can still use your car even when you use the car to take out a loan from our lenders. You do not need to have a good credit score to qualify for this loan. Your car title is enough to help you access loans in no time. Our lenders might inspect your car before approving your loan. Our lenders may request for other documents to proceed with the loan request process.
How Much Will I Pay at the End of the Period?
Usually, the interest rate on this type of loan is a little bit higher than that of the other loans since the car is still in your possession. Whatever the interest rate is, the lender will make you aware of it, and then you can work out a repayment schedule with your lender. You and your lender can agree to spread the repayment over a period. The amount you would pay over the period will depend on the total amount realized after adding the loan amount, interest rate, and processing fees.
Once you have agreed on a repayment schedule, you are expected to pay before or on the due dates throughout the repayment period. Many people have had easy access to loans the second time just because they paid their first loan on time. In the same way, others have lost their reputation with our lenders because they did not repay their loans on time. Some lenders have a process where they will roll over the loan into a new loan when you are unable to pay. However, this process attracts additional fees. If the lender has such arrangement, they will let you know.
We are not a lending agency, and we only connect you to lenders who offer loans by using your car titles as security. We cannot guarantee the success of your loan request process neither can we assist you to access loans from our lenders. It is to your credit if you cooperate with the lenders by providing the documents they are asking. Cooperating with them will make it easier for them to approve your loan faster.
You should also make it a point to read the terms and conditions that the lending company puts on their website. You will understand the terms of the loans offered by the company when you do this.