A Beginner's Guide For Getting Registration Loans For Bad Credit In Arizona
March 22, 2022 | Daniel Dewitt
If you need cash to cover an emergency expense, one option you have is registration loans for bad credit in Arizona. This is a short-term loan that lets you use your car’s registration as collateral, even if you’re not finished paying off the vehicle. And the good thing is applying for registration loans with us at Fast Auto Loans, Inc. is easy once you understand the basics.
What Is A Bad Credit Registration Loan In Arizona?
When it comes to registration loans for bad credit in Arizona, this can help when you need quick cash to cover an emergency expense. Registration loans are similar to title loans, except you do not have to have completely paid off your vehicle in order to qualify. You also do not have to have your vehicle inspected when you apply for a registration loan.
One thing to keep in mind with car registration loans, we will check your credit before we decide if you qualify and for how much. While credit checks are required, these are still an option when you need emergency cash and have poor credit. Just keep in mind we do call these registration loans for bad credit in Arizona, so you may still qualify even with poor credit.
Besides checking your credit, we also base how much you could get on your income and your ability to repay the loan. This means you have to show proof of your income when you come in for your in-person appointment with the loan representative at one of our many Arizona locations.
How Do You Get Registration Loans For Bad Credit?
The process of applying for registration loans for bad credit in Arizona is simple. You can get started by calling your nearest Fast Auto Loans, Inc. location. You can also fill out the easy online inquiry form to get started. This form collects your basic information and sends it to your nearest store location.
Shortly after you submit this online form, you will get a call from one of our loan representatives at the nearest auto title loans location. They will confirm the information that you submitted with the form and make sure that you have all of the required items that you need. They will also set up an appointment for you to come in or for them to come to you.
What Do You Need For A Registration Loan In Arizona?
One of the benefits that come with applying for registration loans for bad credit in Arizona is that you do not need to bring a long list of items with you when you meet with the representative. We make sure the required items are simple for you to remember and travel with. There are just a few things that you need:
- You need your driver’s license to prove you are at least 18 years old or older.
- You need the registration for your vehicle in your name.
- You need an active checking account that is open and under your name.
- You need a valid social security number.
The Last Steps For Vehicle Registration Loans
When you arrive for your appointment at your nearest Fast Auto Loans, Inc. location, you will be greeted by one of our knowledgeable and friendly loan representatives. When you apply for our title loan you have to let the loan specialist agent inspect your vehicle. You do not have to do this when you are applying for a registration loan.
When you apply for a registration loan, we do not have to inspect the condition of your vehicle. Instead, the evaluation includes a brief check on your credit score and your most recent pay stub. These two things play a role in determining the value of your registration loan and if you qualify for approval.
Once your loan representative has finished checking your credit and assessing your income, they will determine if you qualify for approval. If you do, it is at this point that they will be ready to answer any final questions that you have about the process of applying for registration loans for bad credit in Arizona. They will also walk you through the last steps of the application.
Once they’ve gone through our loan terms and have helped you finish the paperwork, you are done. The entire process from the time you meet with the representative can last 30 minutes. You will even get your cash either on the same day you get approved or on the very next bank business day.
Get Your Registration Loans For Bad Credit In Arizona Today
If you need fast cash to cover an emergency expense, one option that you can consider is applying for a registration loan. Even if you find yourself with poor credit, registration loans for bad credit in Arizona can help you out. Just fill out our online form and we can help you get started on our simple process today.
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.