Car Title Loans Los Angeles – Max Cash Title Loans & TMG Loan Processing
Car Title Loans Los Angeles with Max Cash Title Loans can be as easy as 1-2-3!!!
Though no one wants to be in a situation where they need immediate cash, it’s a fact of life that emergencies happen. Whatever the reasoning, you need a quick solution. Many people who cannot qualify for traditional bank loans often turn to pawn shops or payday-advance shops to get the money they need. However, sometimes the better option is to look into a car title loan.
Car Title Loans Los Angeles – How does it work?
Car title loans are relatively straightforward programs. If you own your vehicle and do not owe anything on it to a lending institution, you may be able to qualify for a car title loan. With a free and clear title, you can work with a professional company such as Max Cash Title Loans. The company has a selection of the absolute best lenders in the nation.
When you are approved, the lender will offer you a loan amount that may or may not equal the total you have requested. In some cases, the lender will offer more or less than the requested amount. The lender will also offer you a monthly interest rate and a monthly minimum payment on your loan. It is up to you whether you would like to accept the loan and what amount you would like to borrow. In many cases, the lender will offer more than the requested amount and you can decide whether you want to take the full loan amount offered.
If you accept the loan, a lien will be put on your loan until you pay back the full amount. You will still be able to drive your vehicle while you pay back the loan, but you will not be able to sell your vehicle or take out another loan against it.
Car Title Loans Los Angeles – What are the benefits?
There are a number of reasons why a car title loan could be right for you. Here are just a few of them
- You cannot qualify for a traditional loan from a lending institution. Or you cannot wait the amount of time it would take to qualify for one of these types of loans.
- You are able to make a monthly payment on a loan in order to get a large sum of money to immediately pay off a large debt.
- You have a temporary need for money. Such as being temporarily out of work or having a large medical bill to pay.
- You are in a business that features delays of funds. For example, if you are in real estate, you may have to wait for escrow funds but still need cash for business purposes.
- Your car is worth at least $2500. In California, the minimum you can borrow with a car title loan is $2510. Though you can borrow much more than that, you will not be able to qualify for the loan if your vehicle is worth less than the minimum loan amount. A typical car title loan in California is around $3500.
How Do They Differ from Other Types of Loans?
Car title loans differ from other types of loans in a number of ways. Here is how they stack up against some other popular options:
–Bank loans. Bank loans tend to require near-perfect credit and often also require collateral. They are difficult to obtain and it could take weeks (or more) to get your money. Though bank loans tend to have some most favorable interest rates, they are simply not an option for many people in need of quick cash. Car title loans, in contrast, are not concerned with credit and you get your money quickly once approved.
–Payday advance loans. Payday advance loans or check-cashing services should be the last choice for anyone in need of fast money. These types of services often have exorbitant interest rates and borrowers may find themselves owing twice as much as they borrow. With a car title loan, you will get a fair interest rate and a reasonable amount of time to repay your loan.
–Pawn shops. Some people think that pawning jewelry, electronics, or other expensive items is the best way to get quick cash. However, you will never get the full value out of them as pawn shops need to make money off your item should they need to sell it. In addition, you must leave your item at the shop until you can ‘buy’ it back. With car title loans, you can continue to use your vehicle as you pay on your loan.
Car Title Loans Los Angeles – How to choose the right company?
Once you have decided that a car title loan is right for you, the next step is to choose the right professionals to work with. At Max Cash Title Loans, we are brokers who work with a variety of major lenders. This allows us to choose the absolute best terms and rates for your loan. In addition, we are free to use for the consumer and we do not raise the cost of the loan that you get from the chosen lender. Furthermore, we make 100% of our money from the lenders and are able to provide our services free of charge for those we help secure loans for.
Working with a loan company with a good reputation is vital when it comes to car title loans. We are the highest rated loan processor in the country according to Consumer Affairs. We also put an emphasis on customer service by opening early and staying open late seven days a week to serve your needs. With our cutting edge technology, we are able to get you the money you need incredibly quickly and our dedicated team is there for you every step of the way.
If you own your vehicle and are in need of quick cash in Los Angeles, consider a car title loan. Choose Max Cash Title Loans for the quickest money and highest level of customer service and satisfaction.
*Max Cash Title Loans is partnered with TMG Loan Processing to ensure our customers have the best help in the industry, at no charge!*