What is a Commercial Vehicle Title Loan?
Title loans vary from state to state. A commercial vehicle title loans in California allows you to borrow cash against the equity of your vehicle. Depending on the value of your vehicle, that can determine the amount of cash you can borrow.
Generally, a loan on the title can range between $ 2,500 and $ 50,000. A loan on the title is usually a short-term loan that lasts a few months. However, if more time is needed, that is not a problem our title loan program ranges from 24 to 48 months, with no pre payment penalties.
A commercial vehicle title loan is very different from a loan from Pawn shop. With a loan on the title, keep your vehicle and continue to manage it for the duration of the loan, while the lender retains the title to guarantee the payment of the loan.
These are loans that can be obtained based on the value of your vehicle, with the title of the vehicle as collateral. With the title, driver’s license and some documentation, you can get a loan on the title in just one hour. However, the vehicle must be 100% owned, with no pending charges or claims from third parties. If you have equity in your vehicle and are still making payments to another finance company, we can pay them off and you will be able to get the money you need. Or, if you have capital in the vehicle and still make payments on it, we could help you use your capital. We will keep the title and add our names to the title as a lien holder at the DMV. You will continue to drive your car as you did before obtaining the loan with us.
A loan on vehicle titles is a quick and easy way to get fast cash, placing the vehicle as collateral without taking into account the levels of our credit history; we will do a credit check with Experian.
A title loan on your vehicle is a style of secured loan, in which the borrower can use the title of the vehicle in question as a guarantee.
The advantage of these loans on the title of the vehicle, is that they can be purchased in 15 minutes or less, provided that it has already been validated that the borrower has some kind of fixed income so that he can pay off his debt in the stipulated times and periods . That is why most lenders do not take into consideration the credit levels of people. But the ability to repay the loan.
The following advantages are offered in commercial vehicle tittle loans:
- Having qualified, you will get your money the same day
- You will not receive any prepayment penalties,
- You can optimize your credit history or score levels by making improved or timely payments.
- Your interest rates are the most competitive in the title loan market.
Obtain your commercial vehicle title loan.
- Telephone call: You can call and you can speak with a commercial vehicle title loan agent and you can request the completion of the forms.
- Attention via the Internet: Through your computer, tablet or smart cell phone, you can complete a form on your website, which is a safe way.
You will need several things so you can opt for a loan, since a vehicle title loan is necessarily based on your ability to pay the loan and the value of the car. Here are some of the things you will need to know if you can qualify for this type of car loan; These are the following:
- We will need the title of the car where your name is visible as owner.
- A bank account or check stubs to compare the income you have.
- Your valid state identity, this can be a driver’s license.
- An invoice for a service to confirm your home address.
To obtain the credit it is necessary to show all the documents as required as requirements. These are: proof of income, copy of driver’s license, copy of your car insurance, title of your car, list of 6 contacts that can serve as a personal reference.
Always remember that we can help you improve your credit history levels as you pay on time. You should always make your payments on time and these small loans, can help you to raise your levels of credit scores and help you in the future to be able to get even more credit, either, for a house, start a business or any other situation in which you need to attend a company or bank or financial entity that provides credits.
Can I get a commercial vehicle title loan in California if I have bad credit?
The answer is yes! -For a commercial vehicle title loan, you simply get a loan offer based on the value of your vehicle. There is not a lot of paperwork to complete.
Getting a vehicle title loan in California is as simple as completing the easy application on the company’s page and receiving an instant quote. Once you have completed the application, one of the representatives will call you to finalize the details.
If I apply for a commercial vehicle title loan, am I obligated to obtain one?
The answer is no. – When completing the application on this page, you are not required or required to obtain a title loan. This only gives you the option to see how much cash you have available based on the value of your vehicle.
Do you need a short-term loan to help cover monthly bills, unexpected expenses or for any other reason?
Then join the more than 2 million Americans who take advantage of the ease and simplicity of title loans each year. More than half of California’s vehicle title loan customers use title loans to cover ordinary expenses such as utilities and rent, and about 25% use them for unexpected bills.
How can I know which company to choose?
It’s simple. You should always seek to obtain the highest amount of cash with the best rates. You must research and look for companies that have helped people get the cash they need when they need it for a long time. Our clients never have to worry about their bad credit and can often get their money in less than an hour! We will give you the most money, best rates and no prepayment penalties.
How do I get a copy of the title of my car?
You should contact your Department of Motor Vehicles. Be sure to follow his instructions carefully. However, you only need to do this if you have lost your original title. It is the document you received after the payment of your vehicle. It must contain the information of your vehicle and the VIN number in the upper part.
If I have submitted an application online, should I visit a California Vehicle Title Loan office?
Borrowers must sign the paperwork, assess their car and withdraw their cash. Starting the online loan process will speed up your application considerably. Or, if you prefer to apply by phone, call one of the company’s telephone numbers.
Can I pay my loan faster than my agreement indicates?
Yes, you can pay your car title loan as fast as you want. There are never penalties for early payment or hidden interest payments. We encourage our clients to pay their loans as quickly as possible.
The commercial vehicle title loans in California have grown exponentially as we have mentioned, and in recent years have become one of the most useful tools when needing to get money.. These loans help people with limited resources in which the economy is based on benefits provided by banking agencies or any other type of company dedicated to the management of products that can be used in the long term, being in this case, a commercial vehicle title loans.