If you are searching online for a “title loan company near me”, the first option might not always be the best option; it’s always wise to do your research before you invest in a company, especially where your finances are concerned. You should consider a company’s location, reputation, and loan offers before you sign up to take out a loan. Taking out a title loan, which uses your vehicle title as collateral, is a big commitment, so make sure you never sign anything you don’t understand.

In a financial emergency, it can be easy to latch onto the nearest loan company and call it “good enough,” but at Fast Auto Loans, Inc., we believe in building relationships so that you can make an informed financial decision. This is why we’ve created this guide to help you out. In this article, we’ll help you discover the things you need to keep in your mind when you are looking for a title loan company you can trust.

Look For These 3 Things In Your Title Loan Company

1. Location

The first factor you need to consider when looking up a “title loan company near me” is location. After all, if you find a great title loan company, but they’re a few states away, that’s not much good for your purposes. Start looking into local loan businesses by using your browser with location services on. That way, your search will yield results from a local area. And if you use Fast Auto Loans, Inc., we’ve made it easy for you to find all of our locations right on our website.

The process to get title loans must always be conducted at least partially in person. Even with online title loans that let you do most of the legwork online, you still must meet with a representative so that they can inspect your car. Our company offers online title loans, meaning that we come to you for the inspection; just pick a meeting place that’s convenient for you, or you can always visit one of our nearby stores.

2. Reputation

Next, it’s crucial to consider a company’s reputation. Lenders can be unscrupulous, and some prey on the ignorance of borrowers. Never commit to something you don’t understand and avoid signing any papers that are incomplete with the promise that they will be signed later. Similarly, some title loan companies won’t tell you about your financial obligations after you take out the loan — they’ll just slap you with the fees and charges after the fact.

Check third-party review sites and even the Better Business Bureau’s database to see a company’s reputation and recent disputes. Of course, you should always take the word of a disgruntled employee or customer with a grain of salt, but a myriad of complaints paints a picture of poor communication — which is the last thing you want in a company handling your financial data or issuing you a title loan.

At Fast Auto Loans, Inc., we believe in transparency. When you call one of our agents, they’ll walk you through the entire application process so that you don’t miss a beat and nothing goes without a clear explanation. If you’re a first-time borrower, just let the representative know, and they’ll be happy to walk you through our process, your obligations, and how the title loan works. We know how quickly you want to handle your emergency expenses, so we want this to be a convenient process.

3. Loan Offers

Lastly, it’s important to check that a loan company has the type of loan you need. If you don’t have good credit, for example, then a title loan might be a better option, as installment loans are based largely on credit, while a title loan relies on your vehicle’s title. As long as you own your car outright, you’re in good standing to apply for one of our convenient title loan for as much as $15,000. And if you want convenience, remember we can come to you instead of you coming to us!

Our Process

Now that you know what to look out for when searching online for a “title loan company near me”, you can see that we here at Fast Auto Loans, Inc. are a company you can trust. Again, we want this to be a convenient and quick process, that’s why we’ve made our process simple and fast. We want you to be able to find out quickly if you qualify for approval. Here’s our transparent, simple process for getting your loan:

1. Submit your inquiry using the quick request form. The form provides us with some basic information and allows the associate to move ahead with the approval process quickly.
2. When the associate calls you back, schedule a meeting for a quick vehicle inspection.
3. Bring your required items to the meeting, namely your state-issued ID, lien-free car title, and your car itself for inspection.
4. If approved, receive your money that day or the following business day.

Find Your Title Loan Company Today!

During your online search for a “title loan company near me” you need to know what to look for so you can be sure to make the right decision. With this guide, you now know the three things you need to keep an eye out for during your search! And remember, we here at Fast Auto Loans, Inc. try our best to fit these terms! So, if our loan company sounds right for you, fill out the form or give us a call directly to see what you could get on your vehicle 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.