When faced with emergency expenses, choosing between registration loans or title loans in Glendale, AZ can be challenging. Both loan types are excellent options when you need fast cash, but understanding their differences and requirements can help you decide which one is right for you.

Registration Loans vs. Title Loans: Which is Right for You?

Before deciding whether you should get title loans or registration loans in Glendale, AZ, you have to know the difference between these two loan types. Both types use various identifying documents related to your vehicle to get the loan you need, but their requirements differ slightly. Here’s a closer look at both loans.

What Are Registration Loans in Glendale, AZ?

Registration loans allow you to use your vehicle's registration as collateral without requiring you to own the vehicle outright. You can still apply even if you have a lien on your title. The requirements for a registration loan are:

• A valid Arizona driver's license or photo ID.
• A vehicle registration in your name.
• A valid Social Security number.
• An active checking account in your name.

This type of loan is great for individuals who need fast cash but don't own their vehicle outright.

What Are Title Loans in Glendale, AZ?

Title loans use your vehicle’s lien-free title as collateral. Title loans can offer higher loan amounts, up to $15,000, depending on the value of your car. To apply, you need:

• A driver's license or state-issued ID.
• A lien-free vehicle title in your name.
• The vehicle for inspection.

This option may be ideal if you own your vehicle outright and need a larger loan.

How To Choose Between Registration Loans and Title Loans

When it comes to these loans, there are different requirements you have to keep in mind when you decide which one you should get. Whether you should apply for a registration loan or a title loan depends on which loan requirements you meet.

When To Get A Title Loan

Because title loans can potentially get you more money, most individuals like seeing if they meet the requirements for a title loan first. If you have a lien-free title in your name and the vehicle to match, you might want to apply for a title loan. The title loan to get you up to $15,000 at Fast Auto Loans, Inc., but the value of the vehicle will determine the exact amount you can be loaned.

When To Get A Registration Loan

If you do not have a lien-free title in your name, you will want to consider a registration loan instead. If you have an Arizona motor vehicle registration in your name and an active checking account in your name, the registration loan may be the better option for you. Keep in mind we do check your credit for this loan.

When To Look Elsewhere

In the case that you do not meet the requirements for either loan type, you will have to find a different loan to apply for instead. In other words, you will need to apply for another loan type if you do not have a vehicle registration or title or don’t meet any of the other requirements.

 

 

How to Apply for Registration or Title Loans in Glendale, AZ

Regardless of whether you select a registration or title loan, applying for the loan you need is pretty easy. At Fast Auto Loans, Inc., the process of applying for registration loans and title loans is similar. Here is what the application process will look like for both loan types:

• Fill out the online inquiry form so we can get your basic information.
• Wait for a representative to call from the nearest fast auto loans location.
• Set up an appointment with a loan representative to have your documents evaluated.
• If you are applying for a title loan, the representative will need to inspect your vehicle.
• If you are going for registration loans, the representative will check your credit.
• If approved, get the money as soon as the very same day or the next business day.

As you can see, the process of applying for either loan type is quick and easy. Just make sure you clarify which loan you are applying for. For example, make sure to select the right loan bubble in step one whenever you are filling out the inquiry form. This will help the process go smoothly.

Get Fast Cash Today with Registration or Title Loans in Glendale, AZ!

If you are deciding whether you should get registration or title loans in Glendale, AZ, all you need to do is determine which loan requirements you meet. If you meet the requirements for a title loan, apply for a title loan. if you meet the requirements for a registration loan, apply for the registration loan.

No matter which type of loan you select, get the process started by filling out the Fast Auto Loans, Inc. form right now. We will contact you shortly to walk you through the rest of the application process. Get your emergency expenses handled with our help!

 

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