Ask any US citizen what he/she thinks about the bank lending process and they probably say what finding and getting a loan approved by the banker is a difficult task. Many do not know what their options are when it comes to an alternative to traditional bank loans. Unfortunately, it is not far from the truth.
Bankers have become accustomed to eliminating the riskiest borrowers with bad credit backgrounds. Banks do not want to lend money to people who need it. With interest rates at historic lows, banks are just making it hard and harder to get a loan. When it should be getting easier to get a loan, it just seems to be getting more difficult.
Ask any US citizen what he/she thinks about the bank lending process and they will probably say that finding and getting a loan approved by the banker is a difficult task. Many do not know what their options are when it comes to an alternative to traditional bank loans. Unfortunately, it is not far from the truth. Bankers have become accustomed to eliminating the riskiest borrowers with bad credit backgrounds. Banks do not want to lend money to people who need it. With interest rates at historic lows, banks are just making it hard and harder to get a loan. When it should be getting easier to get a loan , it just seems to be getting more difficult.
The paper work, tax returns, pay check stubs, cash reserves and a mountain of other things.
When the bank is asking for cash reserves, do they not understand that if you had the kind of cash reserves that they are asking for, then you would not be asking them for a loan in the first place.
Historic low interest rate yet the people who really need it, can not qualify under their guidelines. It just seems unfair. It is just like a big tease, you see it but you can not get it.
Clients with bad credit history, they are considered too risky and bankers refuse the loan application or increase the interest rate by making the repayments more rigorous for these customers. More and more people have bad credit, that does not mean that they are not credit worthy, but to the banks they will not help them. Bank loans are not usually a loan with which people connect as quickly or without problems. There is a big problem for people who have less than perfect credit. The bank that they have been doing business for years, suddenly when you need them the most because you have a financial emergency and you need a loan as quick as possible, the bank can no longer help you. For all of the years that you have been putting your money in their bank and they have been charging you plent of fees, they just will not help you.
However, TFC title loans provides a way for anyone to choose the best alternative to traditional bank loans when choosing our car title loans program. We will give you an over the phone approval. We will let you know how much you will qualify for. We will be able to get you the emergency money loan that you need. We will not delay the funding process, we will fund you as soon as we can.
Cash for Your Car’s Equity
Car title loans can offer the cash you need based solely on the equity of your vehicle, and requires no other security for approving loans. We will conduct an evaluation of the vehicle and determine a loan amount that fits your requirements. Our car title loan calculator will calculate get the best car title loan product. It is very important to be able to show the ability to repay the loan, that is why we need your proof of income to get you approved for your car title loan.
Usually the actual loan amount ends up being only a fraction of the collateral’s actual value. We use the Kelly Blue Book to get the wholesale value. We can lend up to 85% of the wholesale value. It just depends on the year, make and the model . If you have taken care of your car or it’s fairly new and has decent mileage you stand to benefit by a reasonable car title loan loan amount ranging from as low as $2,600 to as high as $25,000. Who would have known that this simple alternative to traditional bank loans could also help you receive more money?
Easy Application and Car Title Loan Process
Applying for our car title loans is a cinch. You can visit our nearest location to you, we have locations in Los Angeles, Riverside, San Diego, Orange County, Oxnard, Bakersfield, Fresno, San Jose, Hayward, Sacramento,Arizona and New Mexico. Get approved right online or give us a call at 844-242-3543. You will need to gather up the necessary documents including proof of income, proof of auto insurance, your car title, a valid ID, and of course, your car. The faster you get the necessary paperwork to us the faster we can process your loan and have the money in your hands. Our car title loan calculator will help you get approved for the same day funding that you need. Why wait for an approval from another car title loan company, when you can get approved now with us. We will provide you with same day funding, more money than the other lenders, lower interest than the other lenders and no pre payment penalties.
The speed involved in processing and approving car titles for cash here at TFC Title loans is our greatest features. It’s also the kind of speed that satisfies your quest for cash in a full blown emergency. You can tackle any kind of emergency with this money. Getting the emergency loan that you need today, will help you take care of the emergency situations that you have. No one like to havec the financial stress of not knowing how you are going to get the money to take care of your financial emergency. Here at TFC Title Loans we are here to give you your emergency money loan.
It could be the education expenses of your kid or a mortgage payment that fell into arrears or anything similar. You can even use the loan to fund a much delayed vacation or choose to use it for consolidating your credit card balances. We will get you the emergency money you need by using the equity that you have in your car and getting a car title loan.
Advantages of Choosing This Car Title Loan Alternative to Traditional Bank Loans
Positive aspects of obtaining a car title loan as an alternative to traditional bank loans include the speed in which you will get the money , the instant approval and favorable repayment plans. Both of these factors make a car equity loan one of the most affordable and customer friendly loans available. Using the equity that you have in your car to get a car title loan is a fast and efficient way to get emergency money.
Consider the alternative – a pay day loan that charges 400% APR interest or a bank loan that recovers hefty fees and interest over a five year repayment period…you will realize that an car title loan has no competition. What makes car title loans even more attractive is their constant availability. With our no pre payment penalty program you are not committed to the length of the loan term. Our car title loans range from 24 to 48 months but you can pay it off at any time
If you need cash now don’t delay and get in touch with our car title loan experts by calling 844-242-3543 today! You can also apply online if you’re ready to see if you qualify for a car title loan; we look forward to helping you!