by nedrah | Aug 25, 2021 | Car Title Loans, Title Loans
A financial emergency is like an unexpected storm that may hit you bad. 1st Capital Title Loans provides you with a great opportunity to apply for auto title loans. You will receive a quick response as soon as you drop your query at our online portal.
At 1st Capital Title Loans, we ensure that we are available anytime when you need us. You can simply go to our home page to know about auto title loans. Well, we also have a blog section where you can search for “What is Car Title Loan,” if you are new to the world of auto title loans.
We have a dedicated team of experts that guide you and help you get through the terrain of car title loans. Here you will get a wide variety of options and keep your car titles as collateral and avail yourself of the loans at affordable rates of interest. As soon as you drop an application or message, our team of experts will surely review it and get back to you soon!
Our mission is to help all who are in need of fast cash and struggle to get a loan due to bad credit history. You just need to contact us without any hesitation; we will help you get title loans at competitive rates. Working with us you will get an easy online process, the best customer service, and customized loan terms that fit your pocket needs right!
If you need our assistance and have any queries, contact us right here. After all, we believe in delivering quality service because we consider our customers as our valuable asset.
by nedrah | Aug 23, 2021 | Car Title Loans, Title Loans
Fast cash is the biggest reason that people rely on title loans. Some fear title loans considering the interest rates, varied policies of lenders, and economic impact. And, thus a few consider title loans to be an unwise decision.
However, it is not necessarily true in every situation. It completely depends on the way you approach title loans and how you use them. If you work out a plan and put it to judicious use, then you are unlikely to face any issues related to repayment or other terms and conditions.
Here are a few ways you can use a title loan wisely:
- To pay your medical bills and other health-related emergencies.
- You can use it to clear off moving expenses as hiring professional movers is quite expensive.
- Title loans can also be used to clear off tax debts. However, we would recommend you to compare the related fee, penalties, and interest.
- If you are a startup and want to purchase crucial goods for your business, you can consider car title loans.
- You can use title loans to repay old debts from your family and friends as long-term debts in close allies and friends may put your relationship at risk.
Considering the above situations, if you don’t have enough cash you can surely consider using auto title loans. If you have landed here searching for title loans offices near me, then you don’t need to worry anymore! 1st Capital Title Loans is present in most of the regions and can process your loan fast.
by nedrah | Nov 2, 2019 | Car Title Loans, Title Loans
Before going any further, let us fathom the definition of car title loans. Well, in case of a car title loan, the lender will take the title of your car as collateral for the loan. Once, the borrower gives money back to the lender; the lender will give back the title. Well, title loans are one of the fastest ways to get some time.
Sometimes, we go through a financial crisis. During those times, we require some cash to sustain in our life. During those times, commercial title loans are useful. If you have an automobile, you can easily opt for a title loan. Now, if you are searching for ‘title loans near me’, you are in the right place. Here, we are going to discuss how title loans work.
Working principle of the title loans
Now, let us get a look at the working policy of the title loans. Well, most of the times, the title loans are shored term loans, and their interest rate is pretty high. Most of the times, you will witness that the APRs (Annual Percentage Rate) is a triple-digit number. Like any other loan product, here you have to send an application.
Well, there is a possibility that the lender will ask you about your employment information. Moreover, he or she can also ask some other information from you. To be precise, most of the times, the lender will ask this information from you. However, lenders don’t have to bother much about this information of yours as they have your vehicle as collateral.
Once you get the approval, the lender will take the title of your vehicle. Once you pay back the money to him or her, they will give back your title. Well, the amount of the loan depends on the condition and value of your vehicle. Maybe, the lenders will offer you 25% or 50% of the price of your car.
Moreover, you don’t have to bother about your credit history. You don’t have to worry much about getting the money if your car is in good condition. There are cases where they may increase the amount of your loan. Also, there is a possibility that they will take photos of your vehicle to comprehend the condition of it.
If you want the lenders to accept your application, you have to make sure that you are the owner of the car. At least, you must have some equity regarding the vehicle. If you cannot meet this criterion, the lenders will not accept your application for the loan. Besides, the lender will also not take your application if your vehicle already has a lien against it. In that case, it becomes more complicated to get access to the title.
So, this is how car title loans work.
For more details, Contact us.
1st Capital Title Loans
Mon-Fri: 9AM – 6PM & Sat: 9AM – 1PM
Phone: 8039802274
