Title Loans Las Vegas, NM
It isn’t surprising that more and more people are starting to check into title loans in Las Vegas, New Mexico. The cost of transportation, rent, groceries and insurance have all increased over the years, which means your money just doesn’t go as far as it used to.
Today, many people are getting cash to make ends meet from title loans because they can’t qualify for traditional loans anymore. When money gets tight, people often begin missing payments on bills, which of course lowers their credit rating.
Consequently, they just don’t meet the standards required by banks anymore. Fortunately, title loans are the ideal solution for those seeking quick cash with bad credit.
As a matter a fact, Velocity Cash is one of the first places people go to when they need money. Pulling credit scores is not part of our loan approval process, so it really doesn’t matter what your score is.
You could easily be approved. Instead of credit ratings, we rely on collateral to secure loans. To get a loan, you simply turn over the title to your vehicle. After the last payment is made, you receive the title back. Our application is quick, and we have fast payouts.
How Do I Apply for Las Vegas, NM Title Loans?
You can start the loan process for title loans in Santa Fe by completing our stress free online application. We only require a small amount of information, which includes:
- Your full name, phone number and zip code.
- The make, model and style of your vehicle. An estimate of your mileage and the age of the automobile.
Our title loan calculator will provide you with a fast loan estimate if you are planning to borrow against a car. If you are pleased with quote, you can contact a loan specialist to discuss the terms of your loan. He or she will work with you to find the most appropriate payment arrangements for your needs.
You’ll have to sign a contract, which is written according to state regulations. The contract includes the interest rate, fees, the loan amount, payment schedule and minimum payment requirements. You receive your loan funds after signing the contract and turning over the title to your car.
What Requirements Are Needed for Title Loans Las Vegas, New Mexico?
- You should have a vehicle registration, which lists you as the owner of the car.
- You must present a paper vehicle title at the time you close on the loan, which shows there are no liens on the car.
- Cars must be in running condition.
- Applicants must be at least 18 years of age. You must present a state identification card or your driver’s license.
- Acceptable types of income could include income from a job, unemployment benefits, sales commissions, welfare, alimony, Social Security or retirement income.
What Determines My Loan Amount?
Basically, your loan amount is determined by the value of your vehicle. Once we have the value, we apply a percentage to the value and that is the amount you will be offered for your loan.
Vehicle values are based on Kelly Blue Book and the equity and condition of your automobile. Typically, payouts are higher on vehicles in good condition with the least amount of miles. Payouts may range from a couple of hundred to thousands of dollars.
Are There Perks, Features and Benefits to Title Loans?
- No pre-payment fees.
- Cash in 24 hours or less.
- Same day loans for unemployed.
- Title loans in Las Vegas have no driving restrictions.
- Free to spend your cash anyway you desire.
- Good interest rates.
- High payouts.
If you are in the market for some fast cash and don’t want to be broke all the time, professional services and no credit qualifying, consider title loans in Las Vegas, New Mexico by Velocity Cash.