how to get a title loan

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How Can You Get A Car TITLE LOAN?

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Post on 25-Jan-2017

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How Can YouGet A Car

TITLE LOAN?

What Is a Title Loan?

Title Loans are also known as secured loans because the lender keeps your title as a prom-ise for you to pay them back. A Title Loan uses the title of your vehicle as collateral to get you the money you need in a fast and convenient way. If your credit is bad or you have no credit at all this type of loan is a great solution.

You can use many types of vehicle titles to get money. A car and truck are your best op-tions while a scooter will limit your Title Loan amount drastically. Please remember that other factors, such as net income, will determine the maximum loan amount and payment options.

in person

Apply

online

by phone

Getting pre-approved for a Title Loan can be achieved at one of our CASH 1 Nevada or Ari-zona locations or from your home by phone, computer, laptop, tablet or smartphone. But, keep in mind that you still have to visit a store in order for us to give your car a visual inspec-tion. A trained representative will complete a vehicle evaluation to determine what we are able to lend.

You will need to be the owner of the title to your vehicle. You must be able to show a proof of monthly income to ensure you will be able to repay the loan. Example: a paystub or bank-ing records will suffice. Please provide a gov-ernment issued ID. Example: Driver’s License or State ID card. You will need to provide at least 2 personal references that do not live with you.

Inspect

When your vehicle is ready for inspection we need to verify that your vehicle matches your vehicle on the title. Also your VIN number on your vehicle must match the VIN number on your title.

Sign

Before you receive your money we suggest you read our “Know Before You Owe” letter. Then, you sign the documents and we give you your cash.

Payments

Your payments will be due on every pay date that you have with your employer. Depend-ing on your pay date, you will make pay-ments weekly, bi-weekly, or monthly. When payments are made, they are first applied to any fees, unpaid interest that has accrued thus far, and finally to the Principal Balance. Your minimum payment amounts are depended on what loan term you choose and how often you get paid.

6months

9months

18months

12months

Payment Plans

months

If you choose a smaller loan term, your loan will be paid off quicker and with less interest, but the minimum payments will be larger. If you choose a longer loan term, the loan will take longer to pay off and accrue more interest, but the minimum payments will be smaller. It is up to you to decide what schedule works best. You can make payments by cash, credit/debit cards, or auto payments.