Are you experiencing financial problems and are having difficulty finding the funding you need in Horatio, Arkansas? Even if you have a bad credit history, the loan referral experts at Max Cash Title Loans are here to help you find the best title loans in your area.4 5
There are many types of loans out there, and an auto title loan might be just what you’re looking for. If you want to know more about auto title loans, also known as car title loans, continue reading to see if this is the right option for you! Or to get started, head to our website and apply for an online title loan.
What Exactly is an Auto Title Loan?
Auto title loans are secure loans that include a lien of your vehicle title, which serves as collateral for the loan. The loan amount you can receive is based on the ability you have to repay the loan and the general value of your vehicle. It is important to keep in mind auto title loans are short term loans for short term needs.
What Qualifications Should I Meet for Auto Title Loans in Horatio, Arkansas?
To help determine your loan eligibility, we at Max Cash Title Loans and your potential lender will need some information from you to see if you can meet pre-approval.
This will also help to assess your vehicle’s value. When it comes to your vehicle, you will need to own a vehicle that is fully or very near being, paid off a clean vehicle title, and vehicle insurance.
You will need to be a resident of Arkansas and be at least 18 years of age. You will also need to provide proof of income, a government-issued photo ID (like your driver’s license), your Social Security card, and a few personal and/or professional references.
When it comes time to apply for your auto title loan, you will need to upload these online!
Is My Credit History a Determining Factor for an Auto Title Loan?
If you have a bad credit history, often the idea of applying for any type of loan can feel pointless, but that’s not the case when you apply for an auto title loan!
Since your vehicle title is collateral, your credit score may not matter as much as you think.5 Lenders will perform hard credit checks, but usually to see if you are actively at any stage of the bankruptcy process as it may affect your collateral.
What is the Auto Title Loan Process Like in Horatio, Arkansas?
Max Cash Title Loans knows that you have a lot going on in your life, and that’s why we’ve made our loan process as secure, simple, and quick as possible.
The auto title loan process through Max Cash Title Loans can even be completed from the comfort of your own home! Your financial needs are important, which is why we want to help you get fast cash.2 5
Here’s what you will do:
Complete our online pre-approval application. This application takes only a handful of minutes and asks some basic questions about both you and your vehicle.
This helps our loan agents at Max Cash Title Loans determine if you may receive pre-approval for your auto title loan. If it looks like you are, our representatives will do the hard work for you and find the right loan company for your financial needs. 5
Get approval.1 2 After you have approval from your lender, you can go over loan terms with them. These loan terms include interest rate, loan duration, loan amount, and monthly payments.
When it comes to your loan amount, remember to only take what you need and are confident you can payback. Once you agree to the loan terms, you will send a loan agreement with your lender.
Get your money! 1 2 After your loan agreement is signed, all you need to do is get your funds. 1 2
Usually, you have the option to have the money deposited directly into your bank account. The process is designed to get your cash the same day you apply or as soon as the nearest business day.1 2
What Will Interest Rates Look Like with an Auto Title Loan?
Like many online loans, interest rates for an auto title loan will vary. It is important to keep in mind that these are short term loans made for short term needs. This means interest rates may be higher, but the lenders we work with at Max Cash Title Loans offer competitive interest rates.4
If you would like to see what your monthly payments may look like depending on interest rates, check out our extremely helpful loan calculator to get an idea.
Why Should I Work with Max Cash Title Loans in Horatio, Arkansas?
There are many perks to working with Max Cash Title Loans for your auto title loan needs.2 We have been in the industry for over a decade and know all the best auto title loan lenders to work with, we also offer these awesome benefits:
- A quick, secure loan process
- Helpful expert loan agents
- Open 7 days a week
- Competitive interest rates4
- No early payment penalties or additional fees3
- Customizable repayment plans4
What Happens with My Vehicle Title When I Have an Auto Title Loan?
Your lender will hold ownership of your vehicle title while you pay back your auto title loan. Your vehicle is still yours to use as you regularly would day today.
When you have completed the repayment of your loan, your lender will provide you with a release for your title. You can attach this release to your title, showing your lender is no longer in ownership. If you would prefer to have a clear title that does not include the lender, you can send the release to the Secretary of State and be provided a fresh title.
Find Auto Title Loans Through Max Cash Title Loans in Horatio, Arkansas Now!
Max Cash Title Loans is ready to help you get your financial needs met with an auto title loan in Horatio, Arkansas.2 5 If an auto title loan sounds like the right option for you, call our phone number at (855) 561-5626 to speak to one of our loan agents now.
You can apply for an online title loan on our website. Or if you would prefer to email or text us, you can find more of our contact information here. It’s time to get your finances in order with an auto title loan!
Disclaimer: Max Cash Title Loans services this area but this map does not represent an actual location