Grand Prairie Title loans
VIP Title Loans is a title loan company that services the Grand Prairie, Arlington, Mansfield, Kennedale, and Ft. Worth areas. Our title loans work a lot differently than most people are accustomed to.
We offer a title loan that when you make your payment, your balance goes down each payment. If you make these payments for a year, the loan will be paid off. It is that simple. A lot of other companies get you in a trap. They tell what your monthly payment is, but are not always clear that this is the interest-only payment. Nothing is going to your principle. So if you make their payment for a year, most of the time, you still owe what your original balance was.
New Title Loan/Payday Loan City Ordinances
Recently the city of Arlington passed new city ordinances that heavily restrict the title loan and payday industry. This is the same ordinance that cities such as Dallas, Houston, Denton, and many others have passed. A lot of other title loan companies are closing their door and moving into neighboring cities that have yet to adopt these rules. VIP Title Loans is trying to get the word out that we are here to stay. Do not let all of these other guys closing up their doors get your worried.
Because of these new rules, many companies are writing the loan then transferring the loan to another city that does not have the restrictive ordinance. A lot of the loans we pay off, the customer does not even know what store to call about the balance of their title loan. They also are constantly changing how their loan is set up to try and skirt the new laws.
This is both confusing to their customer, and their employees.
We talk to a lot of people who cannot truly explain how their loan works. Ask yourself, is this a place that is worthy of your business?
The VIP Title Loans Difference
VIP Title Loans in Arlington at 801 E Division Arlington, TX 76011 has been at this location for over 25 years and we have no plans of going anywhere else. We are a short drive from Grand Prairie, Mansfield, Kennedale, and Ft Worth. We can get you the cash you need in about 15 minutes. Our Arlington title loan store has written many loans for citizens of Grand Prairie for many years now. Your neighbor might even have a loan with us. If you have a title loan with one of our competitors in Grand Prairie, give us a call at 817-265-2274 and see if we can pay it off for you to save you money. We offer the lowest title loan rates in the Grand Prairie and the whole DFW metroplex. Our interest rate is only 6% and with us, when you make a payment, your loan balance goes down.
We are a short drive from Grand Prairie and would love to help you save some money on your title loan.
If you are tired of the same endless trap, why don’t you try something different? We have a large customer base that continues to utilize our services over the years, not because we trap them, but because we offer a legitimate loan that has a way out. Our loan products are not in violation of these new laws. They work the same as they did many years ago. Come to talk to the friendly, helpful staff at VIP Title Loans and see how our title loans differ from everyone else’s.