Unpaid loans are dangerous. In fact, it is dangerous in general to default or even miss a payment on most types of loans. When you have unpaid loans, several things may happen:
- The loan lender will sue you
- The loan lender will take money out of your bank account
- Your loan may cause you to sink further into debt
- You can fall victim to the unmanageable interest rates and inconvenient terms that usually come with many loans
Lots of loans do not set you up for success. For example, there is virtually no cap on the interest rate that a registration loan lender can charge any borrower. This means that your registration loan interest rate could be about 300 percent! This can turn a $600 registration loan into $2,400 bill! If that wasn’t bad enough, registration loans typically come with payback terms of about 30 days. If you need money, putting yourself in thousands of dollars in debt from unpaid loans is not the answer.
Auto title loans may be the answer for you. Max Cash may be able to connect you to a lender who can give you a fantastic deal on an auto title loan, right near your neighborhood.
How to Get the Best Possible Auto Title Loan Without the Unpaid Loans
Max Cash is a quality broker, which means we can connect you to some best non traditional lenders in the industry.
Getting the best auto title loan is simple and easy. The 3 step process is quick and painless, unlike those pesky registration loans! Here’s how you can get started on changing your life with an auto title loan:
- Fill out your information request
To begin your Max Cash auto title loan journey, all you have to do is go online to our homepage and fill out a quick little information request. The whole thing should take about 5 minutes. We will ask you some information about your financial history and your car.
You can always come to our licensed location and fill out your application in person if you would like. After you fill out your info form, you will know if you are approved right away! Don’t waste your time waiting around for unreliable lenders. Max Cash is efficient and professional because that’s how our customers like it!
- Get approved
Upon your approval, your auto title loan agent will be in contact with you to talk about your free quote. Yup, that’s right, it’s free!
After you and your agent discuss your free quote, you can work together to determine the best payment plan for you using competitive rates and convenient terms4. Don’t worry about missing a payment with a title loan custom payment plan. When your monthly installments are spaced out, paying back your auto title loan can be a breeze!
At this time, your auto title loan agent will request a few documents from you. Here are some basics that you will need:
- Government issued form of photo ID
- Proof of income
- Proof of residence
- Vehicle title in your name
- Several photos of your car taken from multiple angles
- Get paid
After your lender has received your documentation, they can draw up your auto title loan contract. When you sign your auto title loan contract, your lender will also sign onto your vehicle title as a lien holder for safe keeping. But this is only for the duration of your auto title loan.
There are multiple ways you can get paid your auto title loan money:
- Electronic deposit
- Money gram from a Wal Mart cash center
- Come by our licensed location to get your money from your lender in person
Your successful financial future starts now! Come to Max Cash and get started on your auto title loan today!