representative handing over car registration loans and keys

How Do Car Registration Loans Work?

If you’ve ever needed emergency cash but didn’t own your car outright, you might’ve wondered: Do car registration loans work? The short answer is yes, especially in Arizona.

At Fast Auto Loans, Inc., we help people in Arizona get fast money using their vehicle’s registration instead of the title. Whether you're dealing with a surprise bill, medical expense, or just need extra funds, registration loans could be your solution.

What Are Car Registration Loans?

Registration loans, again, are a type of secured financing that uses your vehicle's official registration as collateral. And since your credit rating isn't the primary factor for approval, you can get one even if your credit score falls below the national average. As long as you're at least 18 years old and can submit the required items, you can apply for up to $900 in emergency cash.

This type of convenient loan offers fast help when you need it the most. It helps pay for emergency expenses to protect your lifestyle and credit rating. Thus, it's an option for consumers who can't get approved by a traditional bank. Less than half of all United States citizens are eligible for a rapid cash advance from a conventional institution.

How Do Car Registration Loans Work?

Getting a car registration loan in Arizona is simple and quick. Here's how it works:

  1. Fill out the quick online form.
  2. A representative will call you to guide you through the next steps.
  3. Show your ID, car, and registration at a location or meet the rep at a convenient place.
  4. Get inspected and approved.
  5. Receive up to $900 the same day or next business day.

woman in car after receiving registration loans for emergency help

Why Choose A Registration Loan?

Here’s why people across Arizona choose vehicle registration loans:

  • Unexpected job loss or a change in income
  • Medical emergencies
  • Last-minute travel
  • Poor or no credit history

These loans are fast, require minimal documents, and don't need you to fully own your car — that’s what makes them different from title loans.

3 Reasons To Get A Registration Loan On Your Vehicle

Because car registration loans are so easy to understand, they can be an appealing option to some. Of course, like with any loan, you should do your research to make an informed decision so you can see how registration loans work in Arizona for yourself. Here are a few reasons why you might choose to apply for a registration loan:

  • Your income can change at any time. Today's job market is sketchy, but even in the best of times, your income can drop without much notice. When that happens, it may become harder to pay your bills on time. That, in turn, can do major damage to your bank account and credit rating.
  • You could get sick or injured. Hopefully, this never happens, but you could fall ill or get hurt in multiple ways even if you're extremely careful. That's because life is unpredictable and we can't always avoid accidents. But when we're hurt, we can't make money and that's a problem.
  • You may have to travel unexpectedly. You never know when you might have to pick up and leave, but airline tickets and bus passes aren't cheap. If you don't have a choice, the trip can wreck your budget and send your finances flying off the rails. This is not a good situation.

When comparing registration loans and lenders with other loan types, you will find similarities and differences. One difference is that with a registration loan, you may not have to bring in as much paperwork as you would for other loans. The total amount of the loan also varies from one loan type to the next.

How To Get A Car Registration Loan In Arizona

Luckily, getting through our vehicle registration loans process at Fast Auto Loans, Inc. in Arizona isn’t complicated. In fact, you don't have to visit a store location or leave the comfort of your personal space to get started. Just follow this guide below:

  1. Go online to submit the online form. After you click submit, your form will be sent to the nearest Fast Auto Loans, Inc. location, where a loan representative will give you a call for further instructions.
  2. Gather your driver’s license or state-issued ID, your vehicle’s title, and your vehicle for the loan representative. You will either meet at a location of your choosing or the nearest registration loans location.
  3. The loan representative will inspect your vehicle and assess your items to determine if you qualify for approval. If you do, they will explain the loan terms and help you finish the paperwork. Once everything is done, you will either get the cash right then or the next bank business day.

Need Emergency Cash? Get Started Today!

A car registration loan is easy to understand, and it's even easier to get when you go through the right source. Come to Fast Auto Loans, Inc. in Arizona to get one today.

Fill out the online form when you are ready to get started. Loan Representatives are waiting to help you get the financial assistance 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.

Daniel Dewitt

Daniel Dewitt is a lifetime blogger with a finely-honed ability to break down, analyze, and interpret economic trends for the layman. He's fiercely invested in spreading financial literacy and helping everyday people gain the tools they need for their own economic success.

Fast Auto Loans Inc

You will be on your way to our store in no time since the call only takes a few minutes. All you need is the following items:

  • Driver’s License or State Issued I.D.
  • Lien-Free Title to Your Vehicle
  • Your Vehicle for Inspection

We also welcome all credit, so fill out our online request form and get started now!

All you have to do to start the process right now is submit our online request form on this page and one of our friendly store associates will call you right back.

When you’re ready to get the emergency cash you need without all the hassles of a traditional loan, Fast Auto Loans, Inc. has you covered. It doesn't matter what has left you in need of cash, because with a car title pawn you could get up to $15,000 today.

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