We all go through emergencies that we can’t always handle alone. And many times these emergencies catch us before we have your emergency fund set up. When that happens, you can turn to an Arizona title loan company for title loans. A title loan is a loan that uses your vehicle’s title as collateral for that loan.

Are you planning to get a title loan anytime soon? Well, there is some research you must do to choose the right location – like Fast Auto Loans, Inc. in Arizona. Here’s what you need to keep in mind when choosing an Arizona title loan company to get a loan with. We will explore six tips to look for in a title loan company like, what reviews they receive, do they disclose the full terms, accept all credit types, willing to work with your income, qualifying requriements, and do they have a straigtforward process.

Remember This Before Going To Any Arizona Title Loan Company

1. What Reviews They’re Getting

The first thing you need to consider when choosing your Arizona title loan company is the feedback they’re getting from the customers. A good place to look is their Google My Business page. We here at Fast Auto Loans, Inc., for example, display every review we get.

While faking positive feedback can be easy, the more in-detail longer reviews usually tend to be true. If you can, try to either find some who has worked with the Arizona title loan company you’ve been eyeing or to get in touch with a customer that has left a recent review to find out about more.

2. If They Disclose The Full Terms Of The Loan Agreement

If the loan representative isn’t willing to disclose the smallest details of the title loan agreement and is trying to hurry you to sign the papers, then the Arizona title loan company isn’t likely all that trustworthy.

The thing is, every licensed vendor needs to put every single cent they’re charging you in the agreement – no matter what service they’re charging you for. Every single penny you owe them is in that agreement.

If the loan representative isn’t willing to explain in detail every single charge put in that agreement or is trying to force you to skim the agreement and put your signature on it without properly reading through it – chances are the Arizona title loan company you’ve chosen is trying to hide something. At Fast Auto Loans, Inc., we will go over everything before we have you sign any papers.

3. If They Accept Borrowers Of All Credit Situations

This typically isn’t a problem with most lenders, as you’ll likely find that your bad or nonexistent credit may not be a big factor in whether you are approved or not. Still, it never hurts to check with whatever Arizona title loan company you are researching.

Here at Fast Auto Loans, Inc. for example, we are open to borrowers with all types of credit – including no credit at all.

4. If They’re Willing To Work With Your Income Situation

A big upside of getting a title loan over a traditional bank loan is that qualifying requirements for your income situation tend to be less complicated.

Keep in mind that you may run into some title loan companies that require you to be employed and show proof of your stable income. If you are unable to do that, you will have to choose an Arizona title loan company that does not require that.

At Fast Auto Loans, Inc., employment is not a requirement. Just remember that this is a loan, and like with any kind of loan, you will have to pay back the money. If you feel you can handle that regardless of unemployment or an unstable income, then you are good to proceed here.

 

 

5. What Their Qualifying Requirements Are

On that note – the overall qualifying requirements of a reliable Arizona title loan company will most likely be short and convenient to remember and travel with.

The more qualifying requirements the lender has, the more likely they are to have a complicated process for borrowers to go through. Here’s what you’ll need to have to qualify for a title loan at Fast Auto Loans, Inc., for comparison’s sake:

• A state-issued ID or driver’s license proving you’re over 18;
• Your car for a quick inspection to determine how much you could qualify for;
• Your car’s lien-free title in your name to act as collateral.

6. How Straightforward And Fast Their Process Is

And on that note – you need to research how each company does its title loan process. If you need money fast, you don’t want to go with a company that has a long and complicated process.

The process should be straightforward enough that you learn if you’ve been approved and for how much on the same day you apply. It’s even better if you find a company that gives you the money you need on the same day or next bank business day.

When it comes to us at Fast Auto Loans, Inc. in Arizona, we have made our process quick and convenient. You don’t even have to come to the store if you’d rather not; the loan representative will go to you. From the time you meet with the loan rep, the whole process should last around 30 minutes.

How To Get A Title Loan From Fast Auto Loans, Inc.

If you decide to work with us at Fast Auto Loans, Inc., it’s quite easy to get started. All you need to do is submit the online form on the website to send your information to the nearest title loans store location.

Soon after, a loan representative will give you a call to provide further information about the title loans, answer your questions, and set up a meeting with you. The meeting can take place either at the store or another convenient location if you don’t wish to visit the store.

Take the required items – the state-issued ID or driver’s license, your car, the car’s lien-free title in your name – to the meeting. The loan representative will assess everything and determine how much you could get and if you qualify for approval.

If they decide to approve you, they will go over our loan terms and help you finish the paperwork. Once that is complete, you will get the cash on the next bank business day at the latest. It takes less than a day to get up to $15,000!

Get Your Title Loans From The Right Place, Today

Doing your research is important when it comes to getting a title loan. You can come to Fast Auto Loans, Inc. for a reliable Arizona title loan company. We will help you get through our process and let you know if you qualify. Fill out the online form today to get the money you need.

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.