Title & Registration Loans Tempe, AZ
It is likely that you have heard about title loans in or near Tempe from a friend that uses them and loves them.
However, if you are having your own questions about a title loan and how to get one in the state of Arizona, we have created an informative guide for you.
When you have all of the information you need, it will help you to make the best decision for you and your family.
Regardless, like many people throughout the community, you will likely find title loans in Phoenix are the perfect solution when you need some extra cash quick.
Naturally, there are always bank loans, but they hardly give you money fast and their lengthy application process does not mean that good credit will necessarily help your cause.
This is especially true if you do not have own a home to use as collateral with the bank. On the other hand, title loans are often a good fit for anyone that needs up to half of the value of their car within a few hours.
How title registration loans Tempe, AZ help everyday people like you
Payday loans are not legal in Arizona, but pawning your property for fast cash is a regular practice. In the case of title loans, the collateral you are pawning is your vehicle title.
Nevertheless, keep in mind that, unlike a pawn shop, you can keep driving your car throughout the duration of the registration loan. For all of these reasons, we give loans to people from all walks of life that need money on the double.
Reasons we hear that title loans are needed are commonly related to meeting the deductible on unexpected medical emergencies, paying unexpected or forgotten bills and paying for holiday shopping expenses.
Of course, one of the main ways that title loans help is by not requiring a credit check.
How to get title loans Tempe, AZ online
The process for applying for a title loan is incredibly easy because we check the Vehicle Identification Number (VIN) to give you your loan estimate. You can use our title loan calculator to get an idea of your payments.
Keep in mind that applying online does not immediately mean you have signed a contract with a title loans Tempe business.
Instead, when you apply online for a title loan against your car, we ask for the title information and mileage, but we require your contact information for a good reason.
Mainly, we need to get in touch with you so that you can finish the application process in person.
What happens after you apply online
At Velocity Cash, we want to get you your money as soon as possible, but doing the entire application online is illegal. This means that one of our representatives will be calling you soon after you get your free quote.
They will let you know other important information you will need to bring in such as proof of insurance and a valid form of identification.
Despite this, there are financing options for people that do not have their current vehicle insured.
Laws to know about title loans in Arizona
At Velocity Cash, we want to make sure that we are following the rules because Arizona is known for consumer watch dog agencies, and we want to stay on their good side.
For this reason, we make sure to do everything by the book, and this includes pointing out in clear language the annual percentage rate and other information in the contract for each one of our registration loans.
We also do not force you to go to the DMV to have the title of your vehicle placed with our name as a lien.
How to get a car title loan if you are unemployed
When you need money to start a new job, it helps to be able to acquire title loans for the unemployed services. This is especially true if your unemployment insurance ran out before you were able to go back to work.
Like other title loans, the amount you are paid will be based on the resale value of the vehicle you are offering as collateral for the loan. When you get your first paycheck, you can start to repay the amount you borrowed.
This type of loan is also ideal for anyone receiving disability or retirement payouts.
Can I get a registration loan when the vehicle is not insured?
If you are driving your car without insurance, that can easily become an issue for you legally. Nevertheless, if you have a second vehicle that you want to use for a title loan that does not have insurance, you can access our auto title loan no insurance services.
While there are some limitations, there are also other types of vehicles used for title loans that may not be required to carry standard insurance such as ATVs, certain types of farm equipment, boats and motorcycles.
Can I get a loan on a salvaged vehicle?
When you are trying to get a down payment for your next vehicle together because you wrecked the first one, you can be waiting for weeks on the bank only to get denied.
However, even a wrecked vehicle has some value, and this can be used as collateral for a loan. While the amount may not be the same as a car that is driveable, it will provide the hundreds or thousands you need to get your next car.
Which types of vehicles are eligible for title loans?
As long as there is a title, there is a loan that can be formed. While most people think that you can only get title loans in Arizona on personal vehicles like standard sized cars or trucks, there are other vehicles available to use as collateral for a title loan.
For example, business vehicles, ATVs, some farm machinery, motorcycles and boats are all eligible for title loans. If you are not sure if an item can be used for your title loan, call us directly and ask.
How to get your money quick for your next Tempe, AZ title loan
Title loans are an opportunity to get cash as quickly as possible with the least amount of hassle, and this is the goal of our Tempe title loans services.
We are here to help, but we want to make sure you are completely informed about your decision before you sign for a title loan.
For this reason, if you have any questions about the terms, limits or implications of the loan, be sure to ask us in person when you visit our Velocity Cash offices in Arizona.
Although we operate like pawnbrokers under state law, be assured that you will still be able to drive your vehicle when you have a loan with us.
To get started, fill out the easy online application form to get a quote for free.
The online application for a title loan only takes a few minutes, and the quote does not mean you have already signed up for a loan.
When you get the quote, you will get a call from one of our representatives and you can ask any questions at that time.
You will have another opportunity to ask questions when you take the required information to the Velocity Cash office to complete your Tempe title registration loan.
Thank you in advance for choosing us, and we look forward to helping you with your cash flow problems as quickly as possible. Or you can apply for installment loans online on our website.