Auto Title Loans for People in Escondido
Often, a bad credit score stops you from getting the money you need. It is probably because of the banks and traditional lenders, who automatically reject customers upon seeing a poor credit mark or score. For the benefit of the doubt, credit scores play a huge role when borrowing money. Lenders use this as their basis whether the borrower is credible or not. A poor credit remark means the borrower is unable to pay on time or the borrower was not able to repay a previous loan at all. On the other hand, a good credit score means that the borrower is a responsible debtor, repaying the loan on the agreed period.
With Fast Money Loan, a credit check is not an issue. The auto title loan – Escondido provider has been in the industry since 1997 and it perfectly understands such circumstances happen. Therefore, they are committed to providing money with no credit check and with minimal requirements.
How To Apply For An Auto Title Loan?
With Fast Money Loan, you can apply in three ways:
– Call 888-716-2084
– Visit any of their physical stores in California
– Apply online
Applying online seems to be the most convenient at all as you don’t need to go out and queue for hours. You also don’t need to talk to anyone personally or through voice. All you need to do is to complete a 5-minute or less application form which includes answering basic questions including your full name, phone number, email address, car year, car make, car model, and approximate mileage.
In as fast as 15 minutes, you can have the money you need while keeping your car with you. After approval, you have to surrender your car’s title though but you can still drive your car as usual. Although this sounds appealing, you should keep in mind that you have to repay on the agreed period or else, the lender will repossess your car by default. Therefore, you also have to be responsible enough in reading the large and fine print that the lending company provides. This will enlighten you on the things that you are legally committing to.
Take Note Of These Things Before Signing Up
In line with the large and fine print, you have to consider very important matter such as how the interest will be calculated as well as the time period associated. Clarify whether it’s just 3%, for instance, and not 3% per month. If that’s the case, you should know that the interest will get bigger if not settled immediately. You should consider the penalties that will occur for late payments and/or nonpayment as well as for any mitigation rules.