At some point, we all face unexpected expenses. You may need to pay for books for college because you’re your financial aid has not come through. Maybe you had an unexpected medical expense that your insurance is not willing to pay. Your credit is not good, so going to a bank or a lending company is out of the question as you know they are not going to approve a loan for you. However, you need cash and you need it quickly. You can get poor credit loans.
One way to get the cash you need from a poor credit loan is through collateral loans. You receive cash in exchange for giving the lender something of value. Pawn shops provide collateral loans all the time, holding your property in exchange for cash they give you. When you repay them in the time they allow, you get your property back.
Another form of a poor credit loan collateral loan is a title loan. Unlike pawn shops, when you receive a collateral loan from a title loan company, you get to keep your car. The lender just holds the title until the loan is paid in full, much like a regular bank or finance company does when you purchase a vehicle. If you have a free and clear car title, you may qualify for up to $2,500 in cash just by stopping in and providing some information. Approvals are fast (few hours or less) and you get to drive away in your car with cash in hand. If you are strapped for cash or are facing unexpected expenses, visit any of our TFC Title Loans locations today to learn how a title loan can help.
CONSIDER AN AUTO TITLE LOAN
If you own your own vehicle and have a valid driver’s license, you could get the cash you need in just a day by visiting an auto title lender near you. Car Title Loans are short-term loans that don’t require the borrower to have good credit or good borrowing history; in many cases, borrowers don’t even have to prove that they have income, meaning Car Title Loans can be used during times of unemployment while you search for a new job.
In order to apply for a title loan, borrowers put up their vehicle title as collateral. But don’t worry! You get to keep your car and use it however you like, during the entire time you have the loan. The only time that your car could be in trouble is if you default on the payments – and even then, most auto title lenders would prefer to work with you on payments, rather than repossessing your car.
If you need money right away for an emergency, but you don’t have time to take a second job, an auto title loan could be a good way to cover the cost of a major emergency. You can often borrower larger amounts, against the value of your car, so title loans make for great solutions when a small loan from friends or family just won’t cut it. And title loans are fast, as well. You can often apply, get approved, and receive your funds all in one day with your auto title lender near you.
One good thing about a car title loan is that the majority of the requirements are what you have as a resident of a particular location. If you are laid off from work and you have a very good expensive car, you can borrow a substantial amount against it title to start a small scale business. If you find yourself in a bind and you consider a car title loan as a perfect option for you, we will help you with poor credit loans.
WHO WE ARE
TFC Title Loans is your number one-stop poor credit loans source; we are close to you as our offices are located in almost every corner of the United State. We offer the best loan that fits your financial situation; we put into consideration your source of income before we make any loan recommendation so that we don’t end up putting you in a situation where you lose your collateral. We offer sufficient cash through our pink slip loan to meet all kinds of need; our customers do not struggle to repay their loan as our repayment term is flexible and there are no hidden fees. Majority of our customers repay their loan in their next payday with low interest since they know how much they need to repay and when it needs to be paid. We have been in existence since 1994 and thousands of people have been saved through our loan program.
Most lenders don't lend money to people with "bad credit" or "poor credit". TFC knows that everyone needs help, not just people with good credit. That's why we're here 24 hours per day.
Absolutely. The key is using the first car's title to put a down payment on your next vehicle. You can build a car collection quickly using this strategy. If you have any questions about which new or classic cars to buy, ask TFC Car Title Loans.
Yes, both title loans are given based on the value of the owned property.