Arizona Car Title Loans & Registration Loans
If you’re wondering if you’re a candidate for a title loan or registration loan in Arizona, you very well may be if you’re in a financial jam and don’t have good enough credit to secure a traditional loan.
Title and registration loans are designed for those who need fast cash like yesterday. You can enjoy a very positive experience taking out a loan if you know the ropes and do things right.
The first thing you need to do is find a reputable lender, and one you trust. You can do an online search and come up with a list as long as your arm in your area!
Choose the lenders you have a good feeling about and check out their websites carefully; also look online for customer reviews of the place.
Call around and talk to some lenders, or even apply online and see what you get back as a quote; this is typically free, and it’s a good way to see how much you’ll likely get for your title or registration loan.
Flexible Payment Plans
When you get a title loan, you are handing over the hard copy of your paid-off vehicle to a lender to hold while you pay back a loan.
You need to go into the Arizona office so the lender can see your vehicle and determine its worth (most lenders use Kelley Blue Book). Once the lender evaluates your ride, he or she will make you a loan offer.
Now’s the time to negotiate! Remember that if you don’t make your payments on time the lender is fully within his or her rights to repossess your vehicle and sell it to recoup the loan amount due.
No one wants this to happen, so lenders are usually willing to work with borrowers to come up with a payment plan that both parties can live with.
Do not take more money out on the loan than you can afford to pay back; this could definitely make your original situation worse.
Once you settle on an amount, you’ll need to show your ID, some proof of income (if you’re not working, no worries; unemployment or disability counts as income).
After that it’s time to sign the contract. Do yourself a favor and read the fine print before you sign; you should be aware of all aspects of the loan contract so there are no surprises after you sign!
Once you sign, you should be able to leave the office with cash in hand or get it deposited into your account within a day.
Make your payments on time and you will likely get yourself out of that financial bind and boost your credit rating in the process!
Arizona Registration Loans
Have you read about the growing-in-popularity loan option of car registration loans in Arizona state?
The reason they are getting so much attention is that they offer a new option to individuals that are short on cash during an emergency and don’t have many other options available to borrow the money they need fast.
Car registration loans in Arizona don’t require a credit check for approval. You can qualify even if you still owe money on your car. And the money can be yours in as little as one hour.
How registration loans are different
Car registration loans in Arizona are different from other types of traditional loans in many ways, but perhaps the two biggest differences are the speed that you can get a vehicle registration loan and the fact that you can be approved for a loan even if you have bad or no credit.
Since a lender will not need a credit check to lend you the money you need, the loan process is instantly faster, cutting days off of your waiting period to get your cash.
And you no longer have to be embarrassed that you’ve been denied a loan again because of bankruptcy, repossession or financial mistakes you made in the past.
The fact that you don’t have to wait around for days and even weeks, wondering if you will be approved or not is the second biggest difference.
Traditional lenders can make you jump through hoops for weeks. And all that work and stress is no guarantee that you will even be approved for the loan you need, meaning your time and effort was wasted.
Benefits of registrations loans in Arizona
If you need more perks other than the fact that car registration loans in Arizona are a lifesaver when you are short on time and money, then we have more reasons for you:
- You can still owe money on your car loan.
- You will still be able to continue driving your car as you normally would while you pay the registration loan back.
- The loan is confidential. No one even has to know that you’ve taken out a vehicle registration loan.
- The application process is quick and easy.
- You can apply online from anywhere, 24 hours a day.
- A free no-obligation loan offer based on your car’s value will be in your inbox almost instantly.
- A registration loan professional will work with you and your needs to custom design a payment plan that works for you.
- You can pick up the cash you need in a matter of hours.
- You can borrow again if an emergency pops up.