Friday, May 13, 2016

How to get out of Financial Misery with a Car Title Loan?

If you want to get out of financial misery, your car can help you. Obtain car title loan by providing the car title to the lender and enjoy driving your car as before.

If you have exhausted all the options of obtaining money, do not worry. There is one more option with you. It is your car. Confused? You can obtain a car title loan and get out of financial misery.

How does the Car Title Loan work?

It is easier and faster to get a car title loan when you own a car that’s paid off. You will have to provide the car title to the lender. In return, he will provide you with money.

Car Title Loan


Various auto financing companies and lenders offer online loan approval. They take help of the internet to reach maximum clientele. Also, many lenders design software applications for mobile to allow you to see how much loan amount you will get for the car title.

The car title loan carries high rate of interest as it is a short-term loan. While approving the loan, lenders consider the value of your car instead of your credit score. It is possible that a few lenders may even require car insurance. The loan amount depends on three things:

1) Your car’s value;

2) The amount of cash you need;

3) Your ability to repay the loan.

Thin Line of Difference between Auto Pawn Loan and Car Title Loan

If you apply for an auto pawn loan, you will have to provide your car along with the car title to the lender. He will keep the car as security. Under the auto pawn loan program, you will receive more cash since both the car and the car title are in the possession of the lender.

What happens if you are unable to make Payments on the Car Title Loan?

If you are unable to make payments on the car title loan, you may lose your only car. However, the lender may allow you to keep the loan for one more month after the due date. The process is known as “rolling over” the loan.

If you are unable to make payments even after rolling over the loan, the lender will repossess your car. He will sell it in an auction to recover money. So, it is essential to pay off your dues in the specified time period.


Car title loan is one of the best options to get money when you need it the most! But, remember to create a plan for ensuring regular payments. And, once you have a plan ready, it will get you out of financial misery and save your car from repossession.

2 comments:

  1. This matter is down to earth, hats off buds out there.
    advance payday

    ReplyDelete
  2. Hello Everybody,
    My name is Mrs Sharon Sim. I live in Singapore and i am a happy woman today? and i told my self that any lender that rescue my family from our poor situation, i will refer any person that is looking for loan to him, he gave me happiness to me and my family, i was in need of a loan of S$250,000.00 to start my life all over as i am a single mother with 3 kids I met this honest and GOD fearing man loan lender that help me with a loan of S$250,000.00 SG. Dollar, he is a GOD fearing man, if you are in need of loan and you will pay back the loan please contact him tell him that is Mrs Sharon, that refer you to him. contact Dr Purva Pius,via email:(urgentloan22@gmail.com) Thank you.

    BORROWERS APPLICATION DETAILS


    1. Name Of Applicant in Full:……..
    2. Telephone Numbers:……….
    3. Address and Location:…….
    4. Amount in request………..
    5. Repayment Period:………..
    6. Purpose Of Loan………….
    7. country…………………
    8. phone…………………..
    9. occupation………………
    10.age/sex…………………
    11.Monthly Income…………..
    12.Email……………..

    Regards.
    Managements
    Email Kindly Contact: urgentloan22@gmail.com

    ReplyDelete