What Arizona Loans Can You Get Through Direct Deposit?
If you are an Arizona resident struggling with urgent expenses, a quick cash loan can help you get the emergency cash you need through direct deposit. Fast Auto Loans, Inc. keeps the process simple for getting a car title loan or car registration loan.
Follow this guide to learn how to get an Arizona emergency loan and how direct deposit works to get you the fast cash you need. We will also explain what the requirements are for each loan and what steps you need to take.
How Does Direct Deposit Work For An Arizona Loan?
Direct deposit is a way to electronically receive payments directly to your bank account. Instead of receiving cash or a check to deposit into the bank, people can receive the money directly into their bank account. This is the way many jobs provide pay to their employees and is also how Arizona residents can receive emergency loans.
After going through the approval process, borrowers can receive Arizona quick cash loans through direct deposit. The loan lender, such as Fast Auto Loans, Inc., can deposit the funds you get approved for directly into your bank account for use on urgent expenses.
What Arizona Loans Can You Get Through Direct Deposit?
At Fast Auto Loans, Inc., we allow Arizona residents to borrow money through two types of quick cash loans. Those who get approved can get these funds the same or the next business day through direct deposit, which gives them access to the money in their bank account.
The following are the two Arizona loans you can get through direct deposit:
Arizona Car Title Loans
A car title loan is an example of a secured loan, or one that requires collateral to secure the money you borrow. As the name suggests, you’ll need a car title to use as collateral to qualify for one of these loans. For starters, that car title must be registered in your name. That way, you’ll be authorized to use it as collateral to get a loan.
On top of that, the title must also be ‘clear’ or lien-free, meaning it’s free from any outstanding loans or judgments. This is because the loan lender will need to place a lien on it for the loan, which they can only do if the vehicle is paid off.
You can get anywhere between $300 and $15,000 by direct deposit through an Arizona vehicle title loan. The value of the auto title loan will depend on the condition of your car. A loan representative will assess it during an in-person meeting. They will also need to determine that you have the other two required items before approval: a driver’s license or other state-issued ID and your lien-free car title.
Arizona Car Registration Loans
Suppose you have a car you have yet to pay off or still has liens or outstanding judgments. In that case, you can use your car registration to get an Arizona registration loan. As you might’ve guessed from the name, this type of loan uses your vehicle registration instead of a vehicle title as collateral.
This option could enable you to borrow up to $900 to cover urgent, short-term costs by going through a similar process as if you were getting a title loan.
The following are the required items you’ll need to get approved for an AZ registration loan:
- A valid Arizona driver’s license or photo ID
- Your Arizona vehicle registration
- A valid Social Security number
- An active checking account that’s registered in your name
What Are The Benefits Of Arizona Loans With Direct Deposit?
The above Arizona loans you can get through direct deposit allow borrowers to receive their emergency money quickly. You can receive the money directly rather than getting cash or a check you must deposit at the bank. This allows you to make digital payments for your late bills, medical expenses, or other debts right away without having to go through multiple steps to access the money.
How Long Does It Take To Get An Arizona Direct Deposit Loan?
You could get these Arizona loans as quickly as the same day after getting approval or by the next business day. Part of the process involves meeting a friendly representative face-to-face so they can verify your paperwork and inspect your vehicle's physical condition in the case of title loans.
The speed of the process depends on when you start the process. The quicker you take the first step, the faster you’ll get the money you need.
What Is The Process For Getting An Arizona Direct Deposit Loan?
At Fast Auto Loans, Inc., we keep the process fast and simple so borrowers can receive their funds promptly. This allows them to get the money they need to handle their financial emergencies, such as auto or home repairs, vet bills, and late rent payments.
Direct deposit contributes to the speed of getting an Arizona car registration or auto title loan. You can receive your emergency funds directly and figure out how you need to use them rather than worrying about depositing the money into your bank account yourself.
The following are the steps of the process of getting Arizona direct deposit loans:
- Fill out our online form with basic information
- Answer a phone call from a loan representative
- Verify your information and ask questions about your AZ direct deposit loan
- Set up an in-person meeting at a convenient location like your home or office
- Bring your required items to the meeting location
- Have your loan associate verify your required items for loan approval
- Sign loan documents
- Receive emergency cash through direct deposit the same or the next business day
Get An Arizona Loan Through Direct Deposit Today!
It’s easier than ever to get Arizona quick cash loans nowadays because of direct deposit. Fast Auto Loans, Inc. and its representatives are always ready to help you get the money you need quickly through direct deposit loans, such as car title loans or vehicle registration loans.
Gather the required items and contact us through our easy online form. That form is always available on this website, so you can start right now, even outside regular business hours. A friendly loan representative will contact you over the phone shortly to discuss the steps for getting an Arizona direct deposit loan.
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.