If you find yourself in a predicament and need money right away, pink slip loans are an alternative you may take into account. Your pink slip is your ticket to get the emergency cash you need in as little as one hour. Your vehicle must have a wholesale value of at least $4,000 in order to qualify. If you have been denied credit in banks or other traditional financial institutions because of bad credit, tax liens, past repossessions and bankruptcies, you can still secure a pink slip loan with your vehicle title.

Relying on pink slip loans for expenses that you cannot afford to delay offer many advantages. Additionally, there are no prepayment penalties and the payment schemes are flexible. You can have as long as a 36-month paying schedule to give you time to recover money you need to get your finances back on track. Best of all, you can continue driving your car as usual as long as you pay off your loan according to the specified schedule.

To avail of a pink slip loan, you need to have an original title to a vehicle registered in your name and proof of full coverage insurance. Aside from that, the lender will also ask for your valid driver’s license, proof of income, utility bills and six references. Your vehicle remains in your possession as long as you carry out your payment obligations reliably. Be assured that you will get your pink slip back in your hands as soon as the fulfilled repayment term has ended. Car loans are a dependable means of getting the money you need quickly for sizeable and indispensable expenses.