Title Loans Carlsbad, NM
Title loan companies often get a bad reputation. A significant part of the public believes that when a company grants a customer a title loan, they take their vehicle as collateral. This is simply not true.
Title loans in Carlsbad only require that the customer give the company the hard copy of the title in exchange for a cash loan. The customer will always have complete possession of their vehicle at all times. The title is just collateral for the loan and will be given back to the borrower after he or she has repaid the loan in its entirety.
Understanding Title Loans Carlsbad
Velocity Cash is a reputable title loan company that offers same day loans for unemployed borrowers who may not have anywhere else to turn. Title loans in Las Cruces are the perfect solution for someone who is not currently working, whether they have been laid off, fired, or simply in-between jobs.
Since title loans in Carlsbad do not require pay stubs or a credit check as part of the application process, they are very easy to qualify for. The cash can be used for anything.
Laws for Title Loans Carlsbad, New Mexico
Velocity Cash is dedicated to treating our customers with respect. We follow all the laws set forth by the New Mexico Small Loan Act and make sure our loans stay within the legal limits:
- Maximum amount that may be borrowed: $2,500
- No term limits or cap on interest rates
- Rollovers may be approved if the borrower cannot pay the loan back on the initial due date
- Borrowers must be at least 18 years old to take out a title loan
- All vehicles must be paid off to be considered for a title loan
- A car title loan calculator is used to determine the loan
Why Borrow Money from Velocity Cash?
Most of our customers try their best to pay their bills on time and set aside money for an emergency, but that doesn’t mean it always works out that way. Extenuating circumstances can force you to completely drain your bank account or cash in that huge jar of change you have been saving for vacation, leaving you desperate and broke.
If you are unemployed, then you can’t even count on a paycheck to take care of your bills. Title loans in Carlsbad, NM are the perfect way to use an asset for financial gain.
Your paid-off vehicle can get you hundreds of dollars in less than a day, as long as there are no bank liens or payments left on it, you can borrow against your car.
Our borrowers use cash from us for the following:
- Heating bills
- Electric bills
- Other utility costs
- Doctor visits
- Prescription costs
- Infant needs
- Funeral expenses
- Lawyer fees
- College loans
- …and more
One of the many reasons that title loans have become a popular choice is because of the anonymity that they offer our borrowers. You don’t have to go into a storefront or bank to get the money that you need. Simply fill out the easy online form and you are good to go!
Supply your name, address, telephone number, zip code and information about the vehicle you are using. We’ll give you a free quote concerning how much you are eligible for. You can decide from there if you want to continue with the loan process and if you do, you’ll have cash within a day!
People with bad credit scores are welcome to apply.
Apply with us today and use the equity of your car, van, truck, Jeep or SUV to get the cash that you need. You’ll be shocked at how much your vehicle is worth as a loan!