Life is unpredictable.
As much as we plan and manage, unexpected expenses often arise. And, quite often, these unexpected costs are expensive and difficult to handle.
With the options available today, though, these expenses don’t have to be insurmountable. An auto equity loan is an easy way to get the money you need and continue living life comfortably and effectively.
An auto equity loan from VIP Title Loans will have you back on your foot faster than you thought possible.
Features and Benefits of an Auto Equity Loan
Designed to offer all individuals, regardless of credit score or income, the opportunity to borrow on established equity. As a car title loan is a way of borrowing against an actual owned value, this type of loan is considered a secured loan.
As such, a title loan or “pink slip” loan offers both the borrower and lender a fairly protected experience. The borrower is not required to pay an astronomical rate because the loan is offered based on the car’s value, and the lender has something tangible to show in the event the loan is not paid back. In other words, you get the money you need, and the lender has the security that you’ll pay back the loan.
While it may seem reasonable that you lose access to your car when borrowing money against it, this is simply not how an auto equity loan works. With a car title loan, you are able to continue driving your car while you make payments on the loan.
As the loan payment amounts are based on your personal budget, repaying your loan is simple and easy.
Plus, car title loans offer a variety of other benefits including:
- No credit check required
- Manageable interest rate
- Manageable monthly rate
- No payment penalty
Advantages VIP Title Loans Offers
While there are a variety of title loan services on the market, VIP Title Loans stands above the rest. VIP Title Loans offers customers specific advantages to make sure you get what you need when you need it.
A company with over 20 years of experience as well as 6 convenient locations, VIP Title Loans is the way to go.
Among the specific benefits VIP Title Loans offers are:
- A low 6% interest rate for up to 1 year
- A manageable monthly payment of just $100
Immediate payment of your current title loan
In addition, VIP Title Loans delivers the most for the least. In comparison to other lenders, VIP will offer you a $4,000 loan paid off in a one year period for just $4,240, while other lenders charge $10,000 to $16,000 for the same amount. With VIP Title Loans, you can be sure that each time you complete payment, your balance will go down. VIP also offers customers a unique Auto Club membership that protects you and your investment if your car were to break down or you were to wreck.
In either event, you simply turn your vehicle in, and the club pays off the loan.
If you are in need of cash now, consider a VIP Title Loans car equity loan.