When tough financial times hit out of nowhere, you might consider using title loans AZ or registration loans AZ to get you out of a financial pinch. Whether you own your car outright or are still making payments on it, Fast Auto Loans, Inc. can get you emergency cash to handle your urgent expenses.

There are many situations when title loans or registration loans can help you out, and it's important you know what those situations are. Read this article to learn more about when to use these loans.

What’s The Difference Between A Loan On Your Car Title And Registration Loan?

If you’ve never dealt with title loans or registration loans, you probably don’t know the major differences between them. A loan on your car title is secured by the value of your car’s title and requires you to own your car outright, with no liens or debts on it.

A registration loan, on the other hand, is a loan option for people who need emergency cash but don’t own their car outright and are still making payments on it. Now that you know the difference, you need to know what situations call for these loans.

When Are Arizona Title Loans And Registration Loans The Right Choice?

There are certain situations when these loans can help when it comes to either title or registration loans AZ. Remember, these loans are designed for emergencies and should not be used for frivolous spending. This means you should never use it for unnecessary spending or non-emergent situations. 

Instead, these fast cash loans were designed to help you with emergency expenses you can’t handle alone. Here are some situations in which title loans or registration loans would help.

Car Repairs

Your car is one of your most important assets, and staying on top of maintenance is the only way to ensure its longevity. If you need an engine part, transmission, or other expensive component replaced, putting it off will only cause the car further harm and increase your risk of injury on the road. A title or registration loan could be a suitable option to consider if you need quick cash for emergency repairs.

Now, do keep in mind that to determine how much we can lend you for title loans AZ, we do use your vehicle’s condition and resale value. This means if your vehicle is badly damaged, you might get less than you need. So, either use another vehicle in your name or get your spouse to use their vehicle for a title loan. To skip over this completely, you can also get registration loans AZ since we do not need to inspect your vehicle beforehand.

Home Repairs

Another reason you might consider taking out a title or registration loan is if your home needs repairs. Whether it’s repairing an unsafe floorboard, dealing with a pest problem, or repairing any damage after a particularly bad storm, these simple tasks can rack up the bills very quickly. That’s when you might consider getting a title loan or registration loan to cover expenses and protect your home from further damage.

Medical Bills

Let’s face it, medical bills can be ludicrous – and if you twist your ankle just so, your insurance might not budge and refuse to cover the cost. When that happens, consider taking out title loans AZ or registration loans AZ to help you cover those expenses. Peace of mind is extremely important when a medical emergency arises, and the last thing you want to have to stress about is a pricey treatment or surgery.

Rent Costs

For many Americans, meeting monthly rent requirements is a real challenge. And when it comes to late rent, that could mean dire consequences like dealing with late fees or even getting evicted if your rent is late enough. If another financial stressor has caused you to fall behind on your payments, then a title or registration loan may be the fast cash loans option that can help you get back on your feet again with quick cash to keep your landlord happy.

How To Get Emergency Cash With A Loan From Fast Auto Loans, Inc.

Once you’ve assessed that you could use some fast cash for important needs, you can now decide which loan you want and start the simple process! The good thing is we here at Fast Auto Loans, Inc. have made sure to make the process as simple as possible no matter which loan you want. You’ll know by the end of the day if you are approved and how much we can lend you for either loan.

• For a car title loan, you’ll need the following items:
• Driver’s license or state-issued photo ID.
• Lien-free vehicle title to use as collateral.
• The vehicle for inspection.

• For a vehicle registration loan, ensure you have these items:
• A legitimate Arizona driver’s license or state-issued photo ID.
• An Arizona motor vehicle registration in your name.
• A valid social security number.
• An active checking account in your name.

The process takes a minimum of half an hour, and if you’re approved, you'll receive the fast cash you need on that same business day or the proceeding business day. You’ll need to meet with a representative to inspect your vehicle if you want to apply for car title loans, but thankfully, you can choose a location that works best for you.

If a vehicle registration loan will work better in your situation, we will run a quick credit check at the nearest title loan store location, so be sure to bring your required items to the meeting so that the representative can review them.

FAQs About Car Title Loans And Vehicle Registration Loans

What happens if I can't repay the loan?

Sometimes even the best-laid plans can go awry. So, if you are having trouble making payment on your loan, be sure to contact one of our customer service representatives for assistance. 

Are there fees associated with auto title loans or registration loans?

At Fast Auto Loans, Inc. we work hard to provide you with the most competitive rates and terms available. Our trained store representatives can provide you with more detailed information about our title and registration loans.

Submit The Fast Cash Loans Inquiry Form Now To Get Approved For Emergency Cash Today!

If you’re struggling with a financial emergency, you can use your car — whether it’s paid off or not — to secure fast cash for repairs, bills, or emergency travel expenses. It’s a resource most people may not at first think about, but it can help you out of a pinch.

If you need title loans AZ or registration loans AZ, Fast Auto Loans, Inc. is on standby to assist you. Just fill out our online form now to get started.

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