Need Fast Loans? Bad Credit, Good Credit, Or No Credit — Here’s The Solution
January 4, 2021 | Emma Frost
Do you have urgent financial needs that require cash fast? Fast Auto Loans, Inc. can help you get fast loans – bad credit doesn’t matter. Bad or nonexistent credit isn’t a problem. We can still help you get a fast loan so you can take care of your urgent needs.
With a title loan, you are using your vehicle as collateral for the cash. This means that if you own your vehicle, you can get a fast loan regardless of your credit score.
What Is A Title Loan?
A title loan is a type of short-term loan you can get quickly with bad credit, good credit, or no credit if you have a vehicle and a few essential documents. You’ll need your driver’s license or a state-issued I.D., the lien-free title to your vehicle, and of course, your vehicle for a quick inspection.
If you have these few things, you could be eligible for a title loan amount of $300 to $15,000, and approval could take as little as 30 minutes.
Title loans allow you to use any vehicle you own as collateral rather than using your credit as good faith for the loan. This is why it’s important to present a lien-free vehicle title and why the vehicle title must be in your name to use it for the loan.
Having a lien-free vehicle title simply means that you own your vehicle outright, and there are no outstanding judgments against it.
If your vehicle title is not in your name, you will have to visit the DMV and have the title transferred to your name before you can use it for a title loan.
How Do Title Loans Work?
The full process of obtaining a title loan with us could take as little as 30 minutes or as long as the next bank business day. There are only a few steps you have to follow:
- You fill out an application found on our website;
- A loan rep from a location nearest you will get in touch with you;
- we meet in person either in the store or at a location of your choosing to verify your documents and quickly inspect your vehicle;
- If you are approved then we’ll help you finish the quick paperwork. If you’re approved for a title loan with us, you’ll get your cash either the same day or the next bank business day.
These are the benefits of getting fast loans bad credit! We make sure you get your money quickly, so your expenses don’t pile up.
The length of the loan depends on the amount of cash you borrow. Most loans last from 15 to 30 days. However, we lend up to $15,000 for title loans, so some loans last much longer. Your Fast Auto Loans, Inc. representative will walk you through all the specifics of your loan contract – like the length of your loan and your repayment schedule.
Another benefit is you keep possession of your vehicle during the term of the loan. Just stick to your payment schedule. We don’t physically hold vehicles as collateral for title loans. We value your ability to continue living your life and taking care of your family.
What Expenses Can Vehicle Title Loans Be Used For?
Online title loans are a great option if you need quick cash in a pinch to cover an emergency or unexpected expense. If you don’t have hundreds or thousands of dollars saved to cover an expense that comes up, an auto title loan can really come in handy. Some examples where title loans may be needed include:
- Home Repairs: Whether you have a small issue like a leaking sink or a bigger problem like a cracked pipe, quick cash from a fast title loan can cover the cost of your home repairs. This way you don’t have to worry about further damage to your home over time.
- Auto Repairs: You can’t predict auto problems, and repairs can be costly whether you go to the car dealership or an independent mechanic’s shop. Title loans can offer the perfect amount of cash to cover almost any emergency auto repair. We want to keep you and your car on the road together.
- Medical Bills: Medical bills often pop up unexpectedly when you don’t have the extra money to cover them. Title loans can cover the costs of your medical bills or your family’s medical bills, so you don’t have to worry about being in medical debt.
- Unexpected Necessary Travel: Sometimes emergencies happen that require you to travel unexpectedly. Whether you’re driving, flying, or otherwise, travel can be expensive. When you factor in potential hotel costs, meals, time off work, etc., travel costs add up quickly. Fast cash from a title loan can cover your costs so you’re not in the red from your trip.
Where To Get A Title Loan?
After reading all this, you might wonder, ‘where can I get title loans near me?’ Fast Auto Loans, Inc. has conveniently located stores all across Arizona. Check out the title loan locations page on our website to find a location near you today!