Benefits Of Taking Out A Car Title Loan

Even an older car that’s seen better days has value to it.

You can now take advantage of that value to get the cash you need without a credit check or trying to borrow from friends and family.

Unlike payday loans that have to be paid back in a few weeks, you can take up to a year to repay your car title loan. Here are just a few benefits that make this service the right choice when you have financial challenges.

No Credit Check

Bad credit is no problem with our loans. That’s because the loan is secured with your car. Once you fill out the application and provide the necessary documentation, we will provide you with a loan for up to 100 percent of your car’s value. You get the cash fast, and you get to continue using your car while you repay the loan.

Borrow Larger Amounts

With loan amounts based on the value of your vehicle, you can take larger loans than most payday places offer.

Where you might be limited to $500 or $1,000 based on your income, we can loan you $1500, $2,000, or more based on the value of your car. This makes us the right choice when you need major car repairs, have heavy legal fines, or are facing another financial emergency.

Low Monthly Payments

Other short-term lenders expect the loan to be repaid in full after just a few weeks.
We give you more time to repay your loan with us. Minimum monthly payments are $100, so you can plan on your payment is $100 or greater. However, you can take up to 12 months to repay the loan, and there’s never a penalty for paying off the loan early.

Protecting the Investment in the Car

We understand that accidents happen, and that’s why we offer you insurance against mishaps on the road.

With the insurance, your loan balance is taken care of if the car is in an accident. This insurance also covers you against major mechanical breakdowns like blown engines or transmissions.

We’ll Even Pay Off an Existing Title Loan

You don’t even have to own your car outright with this service. As long as you have equity in the car, we can help you by paying off the existing loan and rolling it into your new note. It’s just one of the ways this service helps you save money.

Fast Processing

The entire loan process only takes about thirty minutes. You will need to provide proof of income and other important contact information, but our efficient representatives will make sure your transaction is completed as fast as possible.

If you are short on money and dealing with a financial emergency, a car title loan Mansfield can be the right answer. Available even to people with bad credit, it only takes a few minutes to get the loan.

You can continue using the car while taking the time to repay the loan.