No one prepares for their car being impounded and if you can’t afford to get your car out of impound and need money, auto title lenders can help via car impound loans.
Have you asked, I can’t afford to get my car out of impound? We can help you with a car impound loan, with our car title loans.
So if your car is impounded, and you do not have the money to get it out, we can help you with a pink slip title loan.
One of the key benefits of owning your own vehicle is never having to worry about the possibility of your car being towed away to an impound lot.
If you don’t have a dealership or bank that has a lien on your car anymore, any worry about missed car payments is long gone. However, missing a car payment is not the only reason that a car may be impounded.
In fact, there are several other reasons why someone who owns their vehicle may need to seek out a car impound loan. For example:
Any of these examples could happen to a car owner, and unfortunately, impound fees aren’t always as simple as they seem.
So if you are thinking that you can’t afford to get your car out of impound, think again, we are here to help you get your car back.
When a vehicle is impounded for any reason, it is first towed to a storage lot. There, it is likely inspected and registered into some kind of system.
During this time, any fees or payments that were missed, which caused the impound in the first place, will be added up and levied.
All of these costs are required to be paid upfront and in full before a car will be released to its owner. In many cases, the possessions in the car are considered the property of the lien holder if the missed payments or fines are not paid.
We are able to help you with a loan for impounded cars, by using the equity that you have in your vehicle, we will be able to get your vehicle out of the impound.
So when a car owner goes to the impound lot to get their car back, we are here to help to get your car out of the impound, the impound may require you to pay the following fees upfront (as they apply to their specific situation):
When all of these costs add up, particularly the expensive storage, as well as the payments or legal fines, this can represent a very large sum of money.
For this reason, car impound loans are something that many people are forced to consider, and using your car equity can help you.
So stop worrying if you are thinking I can’t afford to get my car out of impound, we will help you to get it out as fast as possible.
When you first think of a loan to help get your car out of impound, you may not immediately think of an auto title loan lender that is close to you.
After all, one of the key requirements of most title lenders is a free and clear title, with no liens, as well as the ability to visually inspect the car to determine its value.
However, there are many title lenders who can help when you need a car impound loan. We will help you in your time of need so that you can get your car out of impound without any money, we will just use the equity that you have in your vehicle.
For the most part, the only obstacle that a title lender wouldn’t be able to overcome when offering a car impound loan would be the 30-day hold that the city police or DMV place on a vehicle if it was involved in a crime.
In these cases, that 30-day hold would need to have expired, and all legal matters with the police and DMV would usually need to be cleared up before we the title lender can help.
This may be due to the lender needing access to the vehicle to assess its value for a loan, or it may be due to the laws specific to your state or county.
Your car has been impounded, and you don’t have the savings to cover the cost, your first thought may be to head to a bank or to friends or family.
If your car is impounded and you can’t afford to get it out, we will get you the impound loan that you need to get your car out.
The longer your car sits in impound, the higher the storage fees will be. With our title loans, we can get your car out as quickly as possible.
How auto title loans work is simple, we will lend you the money you need to get your car out on the impound yard, by using the equity of your vehicle, we are very fast to work with, and in most cases, a car impound loan with us can be approved in a single day.
If we can’t inspect the car for value because it’s impounded, we may be willing to assess the value based on online sources like www.KelleyBlueBook.com.
The only things that a borrower typically needs for these types of loans are a vehicle titled in their name and a valid driver’s license.
You don’t need to have good credit, and in many cases, you can get car title loans with no credit check! We will do our best to get you the impounded loan that you need.
We will be able to help you refinance your title loan if you have one with another company, so you can get lower monthly payments.
Also, it’s a good idea to ask what the policy is for the early payoff; many auto title lenders don’t impose fees if a borrower pays their loan off early, which helps save money on the interest that would have accrued.
You should also be careful to choose a title lender with a good reputation. Look for a lender that has good online reviews, or that is willing to share references that you can check.
While having your car impounded can be very stressful, and you are often just looking for the fastest loan to get it out, you should still do your best to choose a good lender.
You’ll still be able to drive your car while you are paying on the impound loan, but they will have a lien on your title while you pay.
Since 1994 TFC Title Loans has been a top lender of car title loans! Call us at 844-242-3543 or apply online! We are here to help you to get the best car impound loans, so you can get your car out of the impound as soon as possible.
For more information in impounds, please look here.