Put simply title loan, is a type of secured loan where the borrower can use their vehicle title as collateral. A viable source for consumers to use that just canít go to the bank and borrow money. Most title loans can be acquired in 15 minutes or less on loan amounts as between $100 -$5,000 with No Credit Check.
Typically, lenders require that borrowers have a valid government issued ID like a driverís license, proof of income, some form of mail to prove residency, car registration, a lien-free car title in their name, references and car insurance. However, not all states require that their lenders need proof of auto insurance to secure the loan.
Payment schedules vary but at the very least the borrower has to pay the interest due at each due date. At the end of the term of the loan, the full outstanding amount may be due in a single payment. If the borrower is unable to repay the loan at this time, then they can roll the balance over, and take out a new title loan.
Emergi-Cash wants to be your Title Loan company!
We want your business, and to prove it we've put together an innovated title loan promotion. Our "Disappearing Title Loan" promotion allows you to choose your own payment schedule and interest rate*. Know exactly how many payments you'll need to make before you get your title back.
Bring your vehicle and title by today!
Come by and ask one of our helpful associates how you may benefit from a Title Loan with Emergi-Cash.
To find the nearest Emergi-Cash, click here or call 888-654-CASH.
Disclaimer: A single title loan is for a 30 day period. However, borrowers often use these loans over a period of months, which can be expensive. Title loans are not recommended as long-term financial solutions. While they may be appropriate in some circumstances, title loans are expensive and risky. One of the major problems is that you may lose your car - and therefore your ability to get to work and earn income. Before you get a title loan, do your homework and understand how they work.
*Payment schedules and interest rates are pre-set. See store for details.