Cash Loan For Car Title
Emergencies, such as hospitalization and accidents, are the times when you need to find cash and quick. If you were able to save enough money all those times, then that’s good. But how about if you’re not so lucky and you have spent your last cent on car repairs, where would you get the money then?
No problem. Many lending institutions offer cash loans in exchange for your car title. Car title loans are a type of loan where car buyers are charged high interest rates for emergency cash loans on a short period of time. In cash loans, you use your car title as collateral for the amount of money you borrow.
Because the cash loan for car title is usually short-term, the lender charges you high interest rates. If you can’t pay off your cash loan on time, you can get a new car title loan and use the money to pay off your debt. The lender also has the option to resell your car with the car.
Cash loans for car titles usually range from $500.00 to $2,500.00. The amount depends on several factors, but usually, the amount is fixed at around $500.00. In order to get your cash loan for car title approved, you need to have a minimum annual income of $1,500.00. In addition, you also have to be employed at the same workplace for a period of six months or longer and residing in the same place for at least six months.
Below is a lit of some online auto financing sites where you can get cash loans for car titles. Compare the rates offered by each and find out which cash loans for car titles are best for you.
Cash Loans for Car Title: TheWWWStore.com
At TheWWWStore.com, you can find cash loans for car title offered by Trading Financial Credit, LLC whose offices are based in California. To apply for a cash loan at this site, you need the original car title (pink slip) of your vehicle. If you don’t have that, you can use an original Notarized Lien Satisfied. Other documents you need include: registration, driver’s license, Social Security Card, most recent paycheck stub, proof of insurance (must have full coverage), entire home phone bill, entire cell phone bill, utility bill, and ten references (names, addresses, and phone #s). You also need to bring the set of keys for your car.
Cash Loans for Car Title: FastBucks.com
Another online auto lender that offers cash loans for car title is FastBucks. At FastBucks, you can be approved for car title cash loans if you have the following requirements: clear title, vehicle liability insurance, employment at the same place for more than six months, and residence for more than six months. The car title cash loan amount offered by this online lender is up to 25 per cent of the Kelly Blue Book trade in value. Maximum amount that you can get for your car title cash loan is $2,500. The minimum is $500.00. If you want to get a car title cash loan for more than $1,000, you must have an open checking account.
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