When you’re in a tight spot and need fast cash, remember that you can turn your car into money using a registration loan from Fast Auto Loans, Inc. today. This fast money option can put up to $900 in your hands quickly with just a few items required to qualify! Check out the following sections of this guide to discover how registration loans work, how they differ from title loans, and what you require to qualify for one.

How Does A Registration Loan Work?

A registration loan is a way for you to get fast money using your car, even if you don’t fully own it. Specifically, you’ll be using your car registration as collateral to secure up to $900, potentially on the same day you start the process or by the next business day. As you can imagine, that makes registration loans a worthwhile option to consider if you’re facing a financial hurdle or emergency and have little time to waste.

When you use this financing option, you’ll only need to provide a few documents and go through a quick application process to get the emergency money you need. These registration loans are an alternative to title loans, and they’re unique to the state of Arizona. You won’t be able to find them anywhere else in the country!

What’s The Difference Between Registration And Title Loans?

As previously mentioned, registration loans serve as good alternatives to title loans. While both of them enable you to borrow money by using your car, there are some significant differences that you must understand.

When it comes to title loans, you must own your vehicle outright to qualify. That’s why the main requirement for one of those loans is to provide a lien-free car title as collateral to secure the money you borrow.

A registration loan, on the other hand, doesn’t require you to own your vehicle. Instead, the main requirement here is your Arizona motor vehicle registration. Despite these differences, the two loans share many things in common like the following:

• A quick and easy process that takes very little time to complete.
• A helpful loan representative who will guide and support you throughout the process.
• A quick approval process, so you’ll find out whether or not you’re approved quickly.
• A fast payout process after approval, potentially giving you the money you need on the same day or by the next business day.

Both registration loans and title loans are helpful options to consider when you need emergency money. However, registration loans are a better option for you if you do not own your vehicle outright at the time.

What Do You Need To Get A Registration Loan?

Here are the few items you’ll need to start the application process for a registration loan:

1. Identification: Firstly, you’ll need to provide an Arizona driver’s license. Alternatively, you could use a state-issued photo ID instead if you don’t have a license.
2. Registration: Of course, you’ll also need to provide an Arizona motor vehicle registration that’s registered in your name.
3. Social Security: A valid Social Security Number is also necessary for this type of loan.
4. Checking account: Lastly, you must have an active checking account registered in your name to proceed with your application.

All of the items mentioned above are pretty easy to get a hold of, and you likely already have them within arm’s reach. That means you can get started on the process pretty quickly, without much delay!

How Do You Qualify For A Registration Loan?

As you saw earlier, the process for a registration loan is quick and easy. Here are the steps you can take to apply for one:

Step 1: The Online Form

The first part of the process is to submit the online form with your important information. That will include your name, phone number, and ZIP code. Once you submit that form, your information will go straight to a representative at a nearby store location.

Step 2: The Call

Soon after you complete Step 1, the representative will call you on the phone to discuss the process. They’ll tell you what items to prepare before setting a time and place to meet in person.

Step 3: The Meeting

Then, you’ll meet your loan representative at the agreed time and place. This meeting is necessary for them to verify your documents and let you know whether or not you qualify for approval.

Step 4: The Payout

Lastly, if approved, you could get your money as quickly as the same day of your approval. Depending on what time you complete Step 3, you could get it on the next business day instead.

Turn Your Registration Into Cash Now!

Getting a registration loan with help from Fast Auto Loans, Inc. could be your fast money solution if you’re in an urgent situation and don’t own your car outright. All you have to do is prepare the necessary documentation and start the process by filling out an online form. Get your driver’s license, vehicle registration, social security number, and active checking account to turn your car into cash now!