What Do I Need To Remember For A Title Loan In Lake Havasu City, Arizona?
Title loans are a way to get fast cash — up to $15,000 — for life’s unexpected twists and turns. But before you apply, Fast Auto Loans, Inc. wants to update you on the things you need to remember about title loans in Lake Havasu City, Arizona. It is important you know about these features because they will make understanding title loans a lot easier. So, if you are ready to learn about these loans, keep reading this guide right now!
Important Features Of Our Title Loans
Title loans are popular because they are easy to obtain and can help you handle your emergency expenses you can’t handle alone. But that doesn’t necessarily mean that just anyone can get one. And even if you do qualify, you need to be sure that you also agree to our terms in order to complete a successful title loan. Here are a few things you need to remember.
You Must Own A Car
Having a car is one thing, but owning it completely is another. By our definition, “owning” a vehicle means that the title is in your name and that you are finished paying it off completely. If you recently purchased the vehicle and have not had the title transferred, you need to do so before applying for a title loan. And if you are still making car payments, you have to finish those before you can come see us for a title loan.
Your Title Needs To Be In Your Name And Lien-Free
As we said above, your title has to be lien-free and in your name. But what exactly does that mean? Well, a lien-free title simply means there are no outstanding liens or loans on your title. When you purchase a car from a dealership or you get a car loan from another financial institution, a lien is placed on your title until the car and the loan are paid off completely. It is important for you to have a lien-free title because we have to place a lien on your title to use it as collateral.
You Need To Be 18 Or Older
Another feature about a title loan in Lake Havasu City, Arizona is you must be at least 18 years old before you can get this loan. We cannot legally enter a contract with someone under the age of 18. Technically, someone under 18 cannot legally hold the title to a vehicle. So if you are a minor in need of a title loan, you’ll have to bring in someone who owns a car, has a lien-free title, and is of legal age to take out the title loan for you.
You Can Qualify For Any Amount From $300 To $15,000
Customers are often shocked when they realize how much equity they have in their vehicle. In fact, the better condition your car is in, the more you can get in a title loan. This is why we must inspect your vehicle beforehand to determine how much we can lend you. Keep this in mind when you come in. You might want to make sure your car is in good working condition before you come in so you can get the amount you need – or at least get close to the amount you need.
You Only Need A Short List Of Items To Qualify
There are only a few things you’ll need to have, physically speaking, in order to apply for a title loan in Lake Havasu City, Arizona. And besides the short list of items, the only other thing you’ll need is a little time to fill out the paperwork. Once your application is submitted, it usually takes minutes to find out if you are approved. That just leaves you signing the final paperwork. But before we go over that, here is the list of title loan items you will need:
- Driver’s license or state-issued photo ID.
- Your vehicle for the quick inspection.
- The lien-free vehicle title in your name.
It Is Easy To Apply
Applying is easy when you come to Fast Auto Loans, Inc. for your title loan! We offer multiple ways to initiate your title loan because we know each customer has different preferences and time restraints. Your options include coming straight into the store to begin the process, starting the process over the phone, or our online form. If you want to just come into the store, all you have to do is simply find your most convenient Fast Auto Loans, Inc. location and wait for a loan representative to help you.
They will assist you with your application, look over your documents, and inspect your vehicle to make sure everything is in order. Now, if you’d rather give us your basic information, you can give us a call or fill out the online form on our website for a title loan in Lake Havasu City, Arizona. No matter which of the three options you choose, all that’s left is to meet with the representative to do the quick vehicle inspection, and your loan process is complete.
Get The Title Loan You Need Today!
Now that you know a few important features about title loans in Lake Havasu City, Arizona, you are ready to move on! You can make an informed decision now that you clearly understand this loan and can get well prepared. All that is left is for you to begin the process. And we here at Fast Auto Loans, Inc. are here to help you out! Just fill out the online form or give us a call to get started on our simple and quick process right now!
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.