The Auto Title loan company with a difference

Auto Title Loans are one of the most sought after loans in case of financial crisis. People, who want money to pay their medical bills, electricity bills, child’s educational fees and do not have money at the end of the month, readily apply for auto title loans. These loans are easy to get and do not involve unnecessary formalities. Any person who has a car in his or her name is eligible for the auto title loan.

The major advantage of this loan is that, the person applying for the loan has to submit the title of the car and not the car for getting the auto title loan. The auto title loan, as the name suggests only requires the vehicle as the collateral security. The person can come in his/her car and walk away with the cash without depositing the car to the lender. The title of the car needs to be free from all liens to procure this loan. There is another advantage of this auto title loan. The persons’ credit background is not checked for sanctioning the loan. This enables people with good, bad or no credit to apply for this loan. Some people apply for this loan to improve their credit ratings. On-time repayment of the loan improves their overall credit score.

A person who is an adult, has a car free from lien, an income proof and a valid address proof is eligible for this loan. The vehicle against which the loan is being obtained should have a redeemable value. The amount that can be obtained depends on the market value of the vehicle and it usually does not exceed 50 per cent of the car’s resale value.

There are many companies which provide online auto title loans, but one of the leading companies in this area is the OCTL. They have been in this field since 1994 and have helped millions of people in getting the desired amount. They are the members of the prestigious Better Business Bureau and Pursuant to Department of Corporations.

They provide auto title loans to people with tax liens, and even to those who have been denied credit elsewhere or have the history of repossessions and bankruptcies. They have a dedicated customer base because people applying for the loan can enjoy the loan for 36 months. They do not charge any pre-pay penalties. They also do most of the documentation work for the borrowers.

So, if you have made up your mind to avail an auto title loan, log on to site today and get the required loan amount within an hour!

Auto Title Loans – The Financial boon in times of need

In today’s world, the avenues for borrowing money in a straightforward way, that is from banks and other credit unions, are becoming extremely difficult because of the strict government rules on lending and borrowing of funds. People are thereby searching for newer options which can help them out in critical financial constraints. Auto Title loans are a great financial boon in case of such emergencies. Such loans provide you the much needed money that can solve your immediate need for cash.

Auto title loans can be obtained against depositing the title of the vehicle as the collateral security for obtaining the loan. The amount that can be obtained usually depends on the condition and market value of the vehicle. It is generally not more than 50 percent of the vehicle value. Since the title of the car is kept as the collateral security in auto title loan, the lending company cannot keep the car in their possession. At the same time, if the borrower does not pay back on time, then the auto title loan company can walk away with the car.

The main advantage of an auto title loan is that, it is quite easy to get. Since the credit score of the person does not play a role in this kind of loan, hence anyone and everyone can apply for the loan. The basic criteria for qualifying for a title loan is that, the person must be an adult, possessing the title of the car in his/her name, should have income proof, address proof and the vehicle must be fully covered under the insurance. The persons applying for the auto title loan often submits only the pink slip in original to the lender and keep the car to themselves. Once they repay the loan, they take back the title of the car. The auto title loan companies charge slightly higher rate of interest as these loans are unsecured loans. Persons who apply for the auto title loans are fully aware of the interest rates and knowingly apply to solve their immediate financial need.

The auto title loans are a great source of short term funds as the people take these loans for repayment of medical and credit card bills, payment of tution fees and student loans, vacation trips and for various other purposes. The most convenient aspect of these auto title loans is that you can easily apply online. Once the verification process is done over the phone, the loan amount gets credited to your account within an hour.

So, if you are in need of fast cash, apply for auto title loan today!

A Car Title Loan- The quickest way to arrange cash in case of emergency

A car title loan falls in the category of secured loans. These loans are extremely popular and get processed and sanctioned within a couple of hours. As compared to other kinds of loans, a car title loan carries less risk. The banks and other financial institutions have several formalities and complications; so the true worth of the money during emergency is lost. People often have to rush to different offices to collect the required documents, before the loan actually gets sanctioned. On the other hand, a car title loan is an effective short term loan.

The borrower should possess a car on his name and the rest is taken care of by the lenders. A car, with no pending payments can solve your financial needs in a jiffy. The loan amount sanctioned is generally fifty percent of the on-day market value of the car. The basic documents that the car owner has to deposit to the lender includes, car title, identity proof, insurance papers, address proof and age proof. Apart from the documents, the borrower has to submit a set of car keys. A car title loan is much better than opting for a credit card or availing secured loan against your home.

In case of car title loan, the borrower is availing the fund against the car. The car is being used as security; however, the borrower gets to use the car, even during the loan repayment period. The only requirement is to repay on time. Since the interest rate is slightly on the higher side, the borrower should make the monthly payments and try not to extend the repayment time to the roll-over period. During the roll over period, the already high interest rate goes up further; so it is always advisable to avail this loan as a short term loan.

A person with good, bad or no credit rating can avail the short term loan. As a matter of fact, some people avail car title loan, to improve their credit ratings. So, irrespective of you credit score, you can enjoy the benefits of the loan. 

Car title loan for one and all

A car title loan can prove to be extremely useful at the time of financial crunch. A car can be used not just as a mode of commutation but also for arranging money.

There are financial houses which offer short term loans and get the same sanctioned in a few clicks. Generally, the banks do not issues short term loans in a few hours. Moreover, lots of formalities are involved that includes background checking of the borrower. On the other hand, a car title loan is the most convenient way of arranging money and does not require unnecessary documentation. This is a short term loan that offers a list of benefits to the borrower. This kind of loan is ideal for a person who has a car, basic identity proof and bad or no credit rating.

A borrower applying for car title loan has to submit the title of the car and a set of car keys to get the loan sanctioned. The loan process is very simple and hassle-free. A borrower can apply for car title loan online and if the relevant documents are in place, the loan gets sanctioned in a couple of hours. The basic documents that are required include, age proof, identity proof, income proof and the car insurance papers.

A car title loan is suitable for one and all. All you need to own is a car with no pending payment on the car. The borrower can fill an online car application form and get the loan approved without rushing to the financial house. Once the loan gets approved, the amount is directly transferred to the borrower’s bank account.

There is one more useful aspect of car title loans. If the borrower wants to repay the amount before the stipulated period, the financial house will not charge any penalty for prepayment. The interest rate for such short term loans is usually high. However, in case of prepayment, the interest amount depends on the number of days the loan has been availed for. As a matter of fact, there are some financial houses that do not charge any interest for the initial 30 days.

So, if you are in urgent need of cash, a car title loan is the best option. Avail car title loan for medical bills, rent payment, tuition fees, or simply to enjoy a vacation with your family and friends. 

You must visit auto title loan company

The emergency funds can be required for various purposes. Some need them to pay their exorbitant medical bills while others may need it for depositing their child’s educational fees. When people need cash to solve their immediate needs, they are often in a state of dilemma and are totally perplexed about the whole situation. Some sell their belongings, while others think of borrowing money from the money lenders at a very high rate of interest. All these situations have given rise to a unique solution – the auto title loan. In this kind of loan, the person need not submit the car to get the loan; instead they only need to deposit the title of the car to arrange the immediate cash.

The auto title loans are one of the easiest solutions available for people who need small amount of cash for a short term. The auto title loan can be availed by people who possess a car in their name. The car owner should have the pink slip of the car in original to apply for the loan. The vehicle should also be fully insured. This is a major condition, because the lending companies offer loan in lieu of the title and the possession of the car remains with the owner. So, if any kind of accident occurs during the tenure of the loan, then the lender will not be unnecessarily dragged into it.

There are many companies which provide auto title loans, but one of the leading contenders is OTL. Since its incorporation in 1994, it has a huge customer base because of its simple documentation and hassle free process. The company provides loan to people with good, bad or no credit history at all. They approve auto title loans to people with tax liens, repossessions and even bankruptcies. They have a huge volume of satisfied customers because of their excellent customer service. They require the vehicle, the original pink slip of the car, driver’s license, income and address proof and six references among which one has to be a family member whose name, address and contact numbers are required.

CTL also understands the needs of the customers and hence they offer repayment tenure of 36 months unlike other car title loan companies that sanction the loan for 2 weeks or at the maximum, for 1 month. Moreover, they do not charge any pre-pay penalty if the borrower repays the loan beforehand. The documentation work is also done by them. They sanction cash within an hour of the call!

So, if you need to avail auto title loan, log on to site and join the list of happy customers!

Auto Title Loans – Can solve your emergency needs

Auto title loans are one of the most commonly availed loans in the market. This kind of loans are so much in demand that the lending companies are vying each other to give people the cash in need. There are various options available with the borrowers such as payday loans, auto title loans and car title loans which provide cash to people in case of emergencies. People prefer these types of loans because the private financial institutions take minimal time to process these loans. Although there are various types of loans such as title loans, payday loans, pawn shops but the most popular among them is the auto title loan.

Auto title loan is the loan which is obtained by submitting the title of the car. The borrower only has to keep certain aspects in mind before applying for this loan. The car’s title against which the loan is taken has to be free from all liens. The car should be fully insured. If these criterions are followed, then the auto title loan becomes the easiest one to apply for. The lending companies provide these unsecured loans to anybody who fulfills the above criterions. Unlike other forms of loans such as personal loans or mortgage loans, the credit history of the person is not checked at all. The banks or other credit unions perform a credit check on the person before issuing a loan. So the people with bad credit history are out rightly denied loans from banks or credit unions. So these people generally resort to auto title loans to arrange their emergency funds. The financial institutions offer the auto title loan to people with good, bad or no credit history.

The simplified documentation process makes the auto title loans popular among the borrowers. The companies that lend money to people require the age proof, income proof, address proof, driving license, the insurance papers and pink slip of the vehicle in original to sanction the loan. The applicants can even apply online for the loans. They need to fill up the online form and submit the documents. The customer service executive then contacts the borrower. They conduct a telephonic verification process and ask the customer to visit their nearest center with the vehicle. Once the entire process is completed, the customer can walk away with the cash within an hour. The loan amount sanctioned is as per the condition and market value of the vehicle; but it does not exceed more than half the car value.

So, if you have made up your mind to avail the auto title loan, then simply visit your nearest center with the car and relevant documents and walk away with the cash.

Title loans, a complete financial package

When we say title loan is a complete financial package, there is something special and different in their use aspects. It is important to understand the pros and cones of title loan. Title loans can be extremely beneficial in case of emergency. This is such a loan scheme that you simply cannot ignore; instead you may take interest and avail such loan. Title loans enable you to maintain your standard of living and prove to be helpful in case of financial crisis. You need not be tensed when you need money to handle any odd situation in life. There is no negative repercussion of title loan if it is meaningfully used. The procedures and formalities are very simple and anyone can avail car title loan without any hassle.

Cars are now owned by most of the people, irrespective of their living standard. Title loans bring opportunity to use your cars as a suitable medium for obtaining loan. These loans are very flexible. Apart from using it in emergency situation, you can use it for small repair of your house, for a family trip and so on. Title loan never restricts the borrower from using the car, even when the loan is in repayment stage. This is a unique feature of the title loan.

The title loan, in real sense makes your life easier. The only key aspect is the way the valuation of the car is made. There are government approved rules. You need to be aware of such rules. The title loan scheme operates under the laid down rules and policies of government. The interest rates are a bit high but they never deviate from the government standards and rules. CTL can guide you in details about title loans. Follow their guidance and sail through smoothly.

There are lots of agencies dealing with title loans. Some are government approved and some are not. These agencies provide the details that the borrower looks for and are cooperative throughout the process of the inquiry. These financial agencies ensure a prospective deal.

You do not know exactly when a situation will arise to avail title loan. You are advised to collect sufficient information about title loan functioning agencies and confirm their authenticity and reputation in the market. You should carry out pre-designed exercise before you actually avail such loan.