Most tragedies are unexpected, especially one that has to do with flooding or natural disasters which could severely damage your home. If you need cash to renovate your home, then you can avail yourself of the fast and easy title loans in Tuscaloosa Alabama.
Tuscaloosa, Alabama boasts of more than 100,000 residents, most of whom are welcoming and very friendly. It is a beautiful city, complete with its own University, i.e. The University of Alabama, the Alberta Bridge as well as a breathtaking amphitheater. Lake Tuscaloosa is one of the places where you can spend time and enjoy the serene atmosphere of the sprawling city.
However, the people living in this captivating city experience financial difficulties now and again. Emergencies crop up unexpectedly which calls for you to raise some money as soon as possible. When you need to renovate or remodel your house – as a result of damage from natural disasters like hurricanes, flooding, etc. – or have an extensive leakage due to a burst pipe, then you need to act fast.
To prevent further damage to your properties, you need to seek a temporary but swift solution. If you own a vehicle outright, the answer to your predicament is by taking advantage of fast and easy title loans in Tuscaloosa Alabama.
Title loans are secured loans that do not require anything other than the title of your vehicle as collateral. In Alabama as a whole, there is no maximum amount of cash that you can receive for a title loan. These loans are short-term, but at TFC Title Loans, we will work with you and design a flexible payment plan for you.
The application process for a title loan in Tuscaloosa, Alabama is not only quick but straightforward as well. You can fill out the application form for a title loan at your convenience and at any time of the night or day.
However, before you send in your application for a title loan, it is very crucial for you to know some pieces of information about your automobile. You will need to provide your VIN (vehicle identification number) which can be found on your vehicle insurance document.
You will need to provide information such as the exact model, make, and the year of your automobile. The submission of the vehicle’s mileage is also essential as well.
You will need to provide some personal information such as:
You will also be required to provide a valid email address as well as an official bank account.
After you send in your application, a quote will be generated for you, informing you about how much you are qualified to receive for a loan. During business hours, one of our highly trained representatives at TFC Title Loans will get in touch with you to authenticate the information you have submitted.
Then, you will be required to bring in your vehicle to our Tuscaloosa offices for visual inspection. In some cases, we make use of the Kelley Blue Book website to get an estimate of the value of your vehicle.
Once we determine the worth of your vehicle, we will conclude your loan and then leave with the money and your automobile.
When looking for fast and easy title loans in Tuscaloosa, you need a reputable title lender. We are conveniently situated in Tuscaloosa and can provide a title loan for you with several reasonable options every month.
We work hard to satisfy our customers by getting the loan they deserve. We are an open and honest firm that offer title loans to people in Tuscaloosa so that they can get through tough times. Circumstances beyond your control can crop up unexpectedly, and we understand this as a part of life. So, we will do our best to get you the maximum amount of cash that you need for remodelling your home conveniently.
People choose TFC Title Loans for these reasons:
The only thing we will take from you is the title of your vehicle and nothing else. Other title lending companies may ask for the spare keys to the doors and ignition of your vehicle. But we do not ask for these items.
We will hold the title until you completely pay back the loan, according to your repayment plan. This means that you can still drive your vehicle to and from work while you repay the loan at your convenience. Therefore, there is no need for you to fret when it comes to getting around in Tuscaloosa.
We provide flexible repayment options that will be suitable for you. We will not exert any form of undue pressure on you or any of our clients as regards paying back the loan.
We will arrange and fix your payments on a day of the month that is convenient for you along with an appropriate payment plan which will be applied to your loan.
If you happen to pay up earlier than expected, then congratulations! We do not charge any hidden fees or pre-payment penalties, so do not worry about repaying the loan earlier than envisaged.
Our interest rates are pocket-friendly, unlike other title lending companies that thrive by taking advantage of their innocent customers by hiking their interest rates through the roof.
Title loans are a much better alternative for getting quick money compared to conventional loans from banks and other financial institutions.
You will not be required to fill in a mountain load of paperwork or have to wait for weeks on end before getting your hands on the money you need. We will provide the cash you need within minutes, and you can be on your way, cash in hand.
Research has shown that money problems put a great deal of anxiety on people, making them feel under intense pressure. When you need to put your wrecked house in order – in this case – you need to get some money as soon as possible to fix things. We are the most reliable title loan provider in Tuscaloosa, Alabama and our quick service will help to relieve you of undue stress caused by the prevailing situation.
Other benefits of title loans include:
Whether you are replacing your roof or remodeling your kitchen, there are several options to pay for such home improvements. This includes credit cards and home equity loans.
But what if you do not have a lot of equity in your home or not interested in racking up debt on your credit card? You can take any of the following options, but take note of their downsides:
Despite owing on your mortgage, some banks may give you about 80% of the value of your home.
Advantage: You will get a lump sum, and the interest you pay is usually tax deductible.
Disadvantage: You will be required to pay closing costs, and this could amount to thousands of dollars.
A home equity loan is a secured type of loan against your home, and you can only borrow a fixed amount.
Advantage: The interest you pay is tax deductible. You don’t have to sort out difficult draw schedules. Your original mortgage can be in your possession and could be to your advantage if it has a low-interest rate.
Disadvantage: You will start owing interest on the entire lump sum or amount of money from the day you receive that amount of money for renovating your home
A home equity line of credit (HELOC) allows borrowers to keep their original mortgage. But during the draw period, you will be required to make interest-only payments. This is usually followed by the refund or repayment period, which could be anything from ten to fifteen years.
Advantages: You can only borrow what you need. The only interest you owe is on the amount you have borrowed up to the present time. You may not be required to pay closing costs.
Disadvantage: When your refund period kicks off, you will be astounded by the extremely high monthly interest you will be forced (literally) to pay. Interest rates are unpredictable.
You may qualify for this if you are at least sixty-two years of age and have equity in your home.
The Reverse Mortgage loan closely resembles that of the Home equity line of credit (HELOC) loan. But in this case, you will not be required to make payments throughout your lifetime.
Advantage: No payments will be due when you are still alive. It gives you an opportunity to use the equity in your home.
Disadvantage: The value of your estate will diminish drastically, thereby leaving your heirs with fewer assets. Moreover, the fees you will be charged may be higher than with a conventional mortgage.
These are just a few options that you can take advantage of when remodeling your home or renovating it.
However, taking a look at the disadvantages inherent in all these home remodeling loan alternatives, you will discover that none of them offers the benefits that come with fast and easy title loans.
In almost all the options highlighted above, you will need to discuss your predicament with a broker or banker. You should also be ready for the barrage of paperwork you may have to plow through as well as the time you will waste to get your hands on the money you need to remodel your home.
This time-consuming process can be very frustrating, especially if you do not have the credit history to back up your request for a conventional loan from banks and other lending institutions.
By taking out a title loan in Tuscaloosa, Alabama, you will be able to get started with the necessary activities – like hiring house remodeling experts, etc. – that will help to streamline the process. We do not charge any hidden fees for using our services. Therefore, you are safe with us. You will not encounter any surprises down the road until you are done with repaying the title loan.
To sum it up, title loans in Tuscaloosa will help you get off any financial hook you might find yourself, especially if you need money to remodel your home without delay. A title loan is the best option for anyone looking to get money within some minutes. Even if your credit is less than perfect, you can still apply and qualify for a title loan at TFC TItle Loans.
Since you don’t need collateral other than the lien-free title of your vehicle, title loans in Tuscaloosa are the best option for you. You can get quick cash on any model and any make of vehicle that you own.
The vehicle also remains in your possession throughout the loan period. This will enable you to drive to and from work every day as you work towards paying back the loan.
We are flexible enough – as regards payment – and we will only accept your repayment option on a day that is convenient for you. This is why all our repayment options are customizable and can be adapted to suit your plan.
So, what else are you waiting for? Get down to our Tuscaloosa, Alabama offices to get started right away!