Registration Title Loans Bullhead City, AZ
You have been trying to put money aside for months in anticipation of that special occasion. Maybe it’s a birthday or anniversary, or maybe it’s a class reunion.
Whatever the event, you need a lot more money than you have.
Saving got you a little, but you need more and don’t have enough time to save more. What can you do? It’s not like you can miss the event.
Fortunately, there is a solution to your immediate problem, and it’s called a title loan or registration loan.
Title Loans Bullhead City, AZ
Less than two million people get title loans annually, but it’s not because title loans in Arizona are hard to get. On the contrary. Title loans are probably the easiest registration loans available.
Applicants simply put up their car as collateral, turn over the title to the lender and receive cash.
When the loan is paid off, the title is returned to the borrower. One reason more people don’t get title loans is because they don’t understand how easy they are to get.
Another reason is that people assume title loans are bad and borrowers lose their vehicles all the time. The truth is that most borrowers pay their loans back, get their titles back and move on with their lives.
Title Loans Bullhead City Application
Unlike a bank loan, which can take weeks, title loans in Bullhead City only take a few minutes to complete.
After providing your name and contact information and details about your car’s specifications, you get a registration loan quote.
Then, talk to a Velocity Cash agent to work out the details, including loan terms and a repayment schedule.
This is when you let the agent know about your income, which can be from your job or another source.
In fact, there are cash loans for unemployed people because there are other possible income sources, including benefits from retirement, disability, and unemployment, as well as pensions, alimony and Social Security.
After the call, just bring your vehicle to a Velocity Cash lending office for a quick evaluation. A representative just needs to make sure the vehicle is in good working condition so that the loan offer matches the vehicle’s equity.
Finally, you sign loan documents and give us the title, and we give you the money.
Arizona Legal Information
- Title lenders must be licensed by the Department of Financial Institutions to operate in Arizona.
- There is no maximum loan amount (try our title loan calculator).
- Monthly interest rates are higher for smaller loans. It is 17 percent for loans under $500, and 15 percent for loans between $501 and $2,500. Loans between $2,501 and $5,000 are capped at 13 percent, and loans higher than that are maxed at 10 percent.
- Borrowers delinquent in their payments may be able to extend payments or renew the loan if the lender is willing to work something out.
- Lenders can charge a late fee equal to five percent of the unpaid loan balance.
Title loans in Bullhead City are convenient, which is one of the biggest benefits. Just compare the process to that of a bank loan. When you go to get a bank loan, they usually ask for bank records, work documentation and maybe even tax returns.
They check your credit, and only if it’s good enough will you be in contention to get a loan.
There may be discussions about why you want the money or what you plan to do with it, and the whole process can take weeks to complete. And, there is no guarantee you will get the loan.
With title loans, just about everyone qualifies because acceptance is based on the equity in their vehicle.
You can have bad credit and may still qualify for a registration loan against your car, and in less than a day, the whole process is complete and borrowers have already collected their loan money. You can also call us if you want an installment loan. Apply online.