Car Title Loan: Quick, Easy Access to the Money You Need

Car Title Loan: Quick, Easy Access to the Money You Need
July 19 10:12 2017 Print This Article

Using the value of your car is one of the best ways to get money for unexpected expenses or a purchase you need to make. Just as you’ve built up equity in your home by making payments, you have value in your car that can be converted to cash. This is a quick way to get the funds you need and for example, take care of medical or dental bills you weren’t planning on.

If you’re starting or operating a small business, this can also be the perfect way to get expansion money you need to make your operation less stressful. Many people use car title loans in Vancouver to pay education expenses and tuition costs or to help out family members. If you need to make major household repairs or fix something in an emergency situation, you may be able to access the money you need when you use your car as collateral for a loan.

Great Benefits

In addition to the obvious benefit of having quick access to money you need, you also benefit from not having hidden or upfront fees that increase the cost. An auto equity loan in Vancouver, BC does not involve a credit check, which can be an obstacle when you try to get a traditional loan from a bank or other financial institution. You won’t have to meet income requirements or prove employment to satisfy the lender either, as there are no employment checks.

You also have less stress with a car-equity loan because companies such as Triple A Auto Title Loans, one of the leading lenders in the industry offer a number of flexible payment options, one of which is sure to fit your needs and your budget. If, in the near future, you are in a more comfortable place financially, you can pay off this loan without prepayment penalties. And remember, you don’t have to give up your car in order to take out an auto equity loan.  You can still use your car and get the emergency cash you need.

Consider This

The requirements for this type of loan are basic enough for almost anyone to qualify. You have to be 19 years of age or older; have a car, truck, van, SUV, or motorcycle that is 8 years old or less; and you must have a clear title to the vehicle. There may be a few exceptions, but you can clarify these simple guidelines when you visit the website of a well-known car-title lender. Be sure your collision and comprehensive insurance is in place as well.

If you have questions or need additional information, you’re invited to call and talk to a car-title loan expert.

 

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Dominic Ortiz
Dominic Ortiz

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