by nedrah | Oct 1, 2021 | Car Title Loans, Title Loans
Some people use car loans or car title loans interchangeably which is wrong. The name might seem similar at one glance, but there is a difference between these two terms. In this blog, we will discuss the difference between an auto loan and a car title loan. So, without further ado, let’s begin!
What is the Difference Between Auto Loans and Car Title Loans?
An auto loan is a loan raised to purchase a vehicle. However, the title of the vehicle is used as collateral like in a car title loan. On the other hand, title loans are different from auto loans. They are raised to purchase anything and to meet the urgent requirements. Title loans, or car title loans or auto title loans use automotive vehicle title as collateral that acts as a security for the loan.
Funds from auto loans are specifically used to buy a vehicle and it seems like a traditional loan that is raised with a specific purpose of buying a vehicle. On the other hand, funds from car title loans are used for various purposes mainly to meet urgent requirements like an unexpected medical emergency, meet daily expenses in case you have lost the job, credit debts, and more.
If you are also ones who is struggling due to some financial crisis and need urgent cash, you can consider taking title loans. 1st Capital Title Loans is one of the renowned agencies that provide car title loans to all those who are in a financial crunch and need urgent help. You can immediately contact us.
by nedrah | Sep 22, 2021 | Car Title Loans, Title Loans
Whether you want to buy a vehicle or pay off a medical emergency, a title loan can help you. However, title loans are tricky when it comes to making the best choice based on affordability and the rate of interest. Well, we would recommend you to compare various offers from different money lenders and automobile agencies that offer car title loans.
On exploring different options available in the market, you will realize that 1st Capital Title Loans is the best avenue to approach for a car title loan. Here you will get affordable loans at cheap rates of interest as compared to other lenders in the market. Moreover, we don’t sell our customers’ data to anyone as we are concerned about their privacy.
Working with 1st Capital Title Loans, you will get:
- Car title loans at affordable rates that are generally accepted everywhere
- A simple process of application considering the time consumed and complexity
- Fast approval of car title loan and quick cash
- Convenience and transparency
- Accurate information about the terms and policies
- Consistent guidance followed by smart decision making
All this will not only help you save money and get quick cash but would also teach you some financial lessons that you need to better manage your resources and make informed decisions in life.
If you need any assistance with a car title loans or planning to apply for the same, contact us immediately. Our team of professionals will guide you throughout the process.
by nedrah | Sep 16, 2021 | Car Title Loans, Title Loans
What is the first thought that comes to your mind when it comes to raising title loans?
Fast and easy cash, right?
However, some people think of car title loans as too risky. For them, title loans are so expensive that they stand the risk of getting trapped in the cycle of debt. But, why?
In this blog, we will bust this common myth about car title loans that confuses people and resists them to opt for it even when they are in dire need of cash. So, let’s begin!
Car Title Loans- An Easy Way to Get Cash that Doesn’t Put You in Debt Cycle
Car title loans are an easy way to get fast cash and it’s true. You can easily pay the loan and even if you can’t for some reason, you can ask your auto loan agency to extend the time. Moreover, you won’t have to face interrogation on the part of your credit history like other financial institutions do when the borrower is unable to repay the loan. The best part is that the moneylender will not complain or report to the credit bureaus that may affect your financial reputation out of which you may face issues in raising loans from financial institutions. Instead, the moneylender will repossess your car or the vehicle kept as collateral to satisfy the debt. The process is so simple and easy.
Now, to save yourself from the debt cycle, make sure you raise the loan according to repaying capacity. This way, you won’t land in trouble and everything will be swift and smooth.
Need instant title loans at affordable rates?
Contact 1st Capital Title Loans Now!
by nedrah | Oct 25, 2019 | Auto Title Loans, Car Title Loans, Title Loans
1st Capital Title Loans helps you to get an instant cash or money using our title. Contact us today.
by nedrah | Sep 26, 2019 | 18 Wheeler Title Loans, Auto Title Loans, Car Title Loans, Title Loans
Title Loan in South Carolina
When a person takes a title loan they need to put down an asset as collateral. The car should be placed under a lien by the lender and all the hard copy of the documents should be submitted. In exchange, the borrower gets a sum of the loan. After the borrower pays back the total amount the lien can be lifted and the car is sent back to the original owner. If the borrower fails to pay back the money the lender has the right to sell the car and gain the money.
There are mainly four types of title loan such as car title loan, personal loan, car title pawns and motorcycle title loan and pawns.
People who are looking for a title loan in SC can go online to see which stores offer them. It is usually a short-term loan. A commercial title loan can also be taken if a person owns a commercial vehicle. Title loan SC, or getting a loan in South Carolina is not tough. It takes about 30 minutes if the correct documents are given. The lender does not require any bank details for the car title loan, which means people with bad credit, can also get this loan. Whenever we think of title loan we think of car title loan.
Various loan options
Car Title Loan: the easiest way to get a title loan is through the car title loan. The amount of money you get is determined on the few factors such as the car value, the ability of the borrower to pay and how much amount one needs. There are many online services that help the borrower get the maximum amount of money and also pay off the previous loan from another company.
Motorcycle title loans: Although this form of a title loan is not widely known there are many companies that give motorcycle title loans in South Carolina.
To get a motorcycle title loan a person needs to have a motorcycle that is fully paid and a valid government-issued ID, getting a loan is a matter of a few minutes. They even provide the loan in cash than credit score, as it is easier to use.
Car Title Pawn: a car title pawn is different than a title loan. Here the owner gets to keep his own car and drive it, whereas for title loan the owner has to give the car to the lender. For many emergencies, people try and opt for car title paw.
Here the lender needs the car as collateral for the amount given. A valid government ID and hard copy of the vehicle is required to get the money. People with bad credit can also get money through car title pawn.
For more details, Contact us.
1st Capital Title Loans
Mon-Fri: 9AM – 6PM & Sat: 9AM – 1PM
Phone: 8039802274