Can You Use $2600 – $20,000 ?
This article is to introduce you to the wonderful world of online auto title loans. A time traveler from fifty or sixty years ago who landed in Van Nuys might be truly amazed at the facilities and the help available to people who need money. Imagine being able to sit at a box in your own home and tap in a few characters on a keyboard and from that in a very short space of time, to be able to get hold of large sums of money. It would have seemed almost an impossibility. Getting a loan meant physically going out, negotiating with unhelpful people, producing numerous documents and waiting what must have seemed like an eternity. With online auto title loans, you are in a very very different world.
What You Need to Know about Our Auto Title Loan Requirements
So if we have interested you in the potential of car title loans, sometimes referred to as pink slip loans, you will be wanting to know what the auto title loan requirements are. After all something that appears so easy must have a catch, a hidden condition. Well the answer is- not here, not in this case! Basically and fundamentally the auto title loan requirements are that you must be the unquestioned owner of a private motor car and of course you must have the appropriate documentation to prove it. This is because the way that the whole scheme works is that we as lenders take over the title (or ownership) of your car during the period that the loan together with interest charges is being repaid. We become what is technically known as “lien holders”. However once all payments have been completed, full and complete ownership – together of course with all the documents that were handed over – reverts to you as owner. So once you own a car and providing that the car is shown by Kelly’s Blue Book to have sufficient remaining equity, there is no impediment whatsoever to you obtaining a loan with your car as adequate security.
There are tons of reasons why you should need an auto title loan in Van Nuys? Let’s consider three big ones.
- Online Auto Title Loans are available to all (providing they own a car and are proove ability to repay the loan)
- Online Auto Title Loans can be used for all purposes
- Online Auto Title Loans are fast and flexible
Firstly they are available to all. Normally when you go to a bank or another lender, the first thing that they will do is to examine your credit record. If it doesn’t meet the bank’s lending rules you will probably end up with a computer program telling you no thanks. With Online auto title loans in van nuys providing that you are the undisputed owner of a car, the unexpired equity can be used to provide all the collateral that we need. What’s more you keep the car for your own use while the loan is being repaid.
Get an Auto Title Loan for Any Purpose
Secondly we just don’t care what you use the money for. You can take the loan for any reason whatsoever. That’s right, take the kids on holiday, pay off a stack of bills, redecorate your den, buy a new freezer – the decision making is for you and you alone. Our loans are available in a range from $2600 up to $20,000 although the final sum that we can lend you will depend on the “book” value of the car.
The Pros and Cons of Auto Title Loans Online
Let’s use these next few words to try and summarize all the pros and cons of auto title loans. You won’t be surprised if we concentrate on all the positive elements of a loan scheme that is becoming more and more popular not only in Van Nuys but throughout the entire State of California. So to recap – auto title loans are in a sense the most democratic form of lending on the market because no one, at least no one who happens to be a car owner, is discriminated against. That means that we don’t care if our applicants are in full time work, part time work, on benefit or on pension – or even temporarily unemployed. It means that we certainly don’t care about the credit ratings of the people who apply to us because our way of doing things – taking the unexpired equity of a privately owned motor vehicle – doesn’t have any need for further security. Auto title loans are also very speedy. The biggest con is that your car is at risk if you don’t keep up the payments – applicants must remember that these are loans and not gifts!
Speed, Simplicity & Security – All in 1 Loan
The clinching argument is that online auto title loans come very quickly indeed once you start the very simple process. Decide what you want to borrow and call up our office – or use the online form. Our team members will take you from approval thru handover of car documents to you having the check.