Borrowing money with a poor credit history is often a challenge for those in need of a loan and in some cases can even be impossible. Lenders have to complete a credit check before approving you for a loan.
But this is not the case with car title loans. If you have had financial difficulties in the past and have a bad credit history, you can still access loans in Long Beach CA. One good option is applying for a car title loan.
Car title loans explained
Car title loans or auto title loans are a form of borrowing money, characterized by short-term loan contracts, a smaller amount of money lent and the quick process of applying and getting approved.
The main requirement for getting approved for an auto title loan in Long Beach CA is the ownership of a vehicle. The borrower’s vehicle is used as the guarantee for the repayment of the loan. In some cases, the borrower will be able to drive the vehicle freely while the loan is active and is being repaid. However, it is vital to ask your lender whether this is something they allow as this practice varies from lender to lender.
Car title loans in Long Beach CA with bad credit
Because of the nature of car title loans and the use of the borrower’s vehicle as collateral, the credit score is not important and is often not included in the application process. Auto title loan lenders in Long Beach CA will not be interested in your credit history but will rather want to know more about your vehicle and your current employment.
What you’ll need to bring to get an auto title loan in Long Beach CA
To begin your application process, a number of documents are required to identify the borrower and the vehicle, which will be used as security for the loan. The documents include identification documents such as driver’s license and Social Security number, proof of address, financial documents required by your lender, vehicle documents, and references.
The best place to get an auto title loan in Long Beach CA
Car title loans are a popular and reliable way to get quick cash. There is a wide variety of companies who offer title loans in Long Beach CA. However, make sure that you have done your research and have ensured that your chosen lender is dependable and has credibility. Fast Money Loan is a professional auto title loan lender and the loan representatives will be with you every step of the way, making sure that you get approved.
Get in touch with a specialist from Fast Money Loan by calling 877-594-4025, share your situation and the desired loan amount and the experts will guide you on the next steps. You can get your auto title loan the same day – the process is quick and usually takes no more than 30 minutes.
You can also apply in person at 3451 Cherry Ave. Long Beach CA 90807.
Wanted to get approved right away?
Apply for a car title loan in Long Beach CA online right now.