American Title Loans put together an infographic to break down a title loan and how to get it. A title loan is a great solution when you find yourself in a bind and need some quick cash to cover an investment. Here is a quick look at how to get one and the benefits of getting a title loan with American Title Loans.
A title loan is a fast and easy way to get cash by using your title for your car instead of your credit score. At American Title Loans we loan up to $5,000 but your loan is dependent on the amount of cash you need, your vehicle’s value, and your ability to repay. We would like to get you as much money as possible while keeping your payments manageable.
Benefits of a Title Loan:
Many people turn to title loans when they need some cash fast. Here are some benefits of title loans to help you decide whether this is the right way to go:
- Cash Fast: After you complete the title loan application you can have the cash in your hands in as little as
- No Credit Check: Bad Credit is ok. Title Loan Companies do not require a credit check, which is oftentimes what prevents people with low credit from getting a loan.
- Cheaper than a cash advance: Title Loans are usually cheaper than a payday loan or check loans because the lower interest rates. The reason why is, your title loan is secured by your vehicle, using your car title as collateral.
- Eliminate stress: When going through a financial difficulties, getting cash fast or in time can be very stressful. Getting cash quick with a title loan can help you get back on your feet and pay off expenses.
If you are interested in getting a title loan, come into one of our locations. We can help figure out how much you can get and work with you on a payment plan you can handle.
What to bring to get your Title Loan:
- Car Title
- Driver’s License
- Proof of income (paycheck stub)
- Bring proof of address (like utility bill)
- Drive your car to one of our American Title Loans Locations
Or you can request a Free Quote Below –