Car Title Loans in Riverside
- Apply for an auto title loan in Riverside, California
- Meaning of Car Title Loans
- Alternative Forms of Title Loans
- Bad Credit, No Problem!
- Get a Car Title Loan Approval
- Title Loan Car Inspection
- Riverside title loan requirements
- Advantages of getting an auto title loan
- What About Default and Repossession?
- Why get a gar title loan Riverside with us?
- Car title loans locations in Riverside, California
CAR TITLE LOANS IN RIVERSIDE
Are you living within Riverside county and need an emergency loan, we can also help you get a cash emergency loan. As the best car title loan in Riverside, we offer you emergency money from $2,500 and up.
Getting a car title loan from us, you will receive the maximum cash amount that your car will qualify. We offer you more money and the most competitive rate than any of the other car title lenders in Riverside. We have been in the title loan lending business since 1994. And we have consistently been helping our esteem clients get the quick cash that they need whenever they need it.
Come and get your car title loan from the top car title loan company in the Inland Empire. Contact us todayby online or over the phone. You can also visit any car title loan Riverside locations near you and enjoy a satisfactory title loan experience.
Apply for an auto title loan in Riverside, California
Once you have a car, vehicle or basically any automobile, and a title with the DMV registration, then you are qualified to apply for a car title loan with us. And we will do our best to assist you out in a time when you have a critical financial emergency.
We work with cars, trucks, vans, motorcycles, recreational vans, and motorhomes.We have over twenty years of experience providing quality car title loans services, so our experience allows us to say yes to our Riverside clients more than the other title lenders.
It is very important that when you are applying for a loan against your car title, you are getting a title loan that you can afford to pay back to the lender. The last thing you want is to lose your car because you could not really afford the monthly payments to your title lender.
Here at Car Title Loans California, we want to make sure that you are getting the best title loan that will fit your budget plan and support your monthly income.
Our policies allow us to offer you a lower interest rates than any other car title loan lender in Riverside. Sometimes our rates are half of what the other lenders give.
Of course, your credit scorecould have some effect on what rate you will qualify for. But we want to make sure that you can afford the monthly payments for your car title loan, and on schedule too.
Meaning of Car Title Loans
Car title loans are sometimes also calledauto title loans, pink slip loans, title pawn collateral loans and title loans. The car title formally was pink in color, so people would sometimes refer to them as pink slips.
Some areas in Riverside and the Inland Empire, even some auto title loans company call them by the other names. But we simply call them car title loans.
The pink slip (or title loan) is a legal document that tells anybody who the actual owner of a car is. Car title loans are a type of loan system designed such that the collateral which secures the loan is your pink slip.
Alternative Forms of Title Loans
There is also a service product called registration loans. But the difference between this loan and a car title loan is that with a registration loan, there is already a lienholder (or another financial institute) already on the title in first place.
The registration loan is basically a second loan on the title of the car. They are very popular in Arizona. Registration loans are generally for much smaller amounts than car title loans.
A registration loan is quite similar to a payday loan or a cash advance place in so many ways too.
The dollar amount is usually only a few hundred dollars, while car title loans are at an average of about $3500. Registration loans are also charging a much higher rate and do not consider your ability to repay the loan.
Bad Credit, No Problem!
Though this is not a payday loan, we are a credit-based car title loan lender. We understand that a car title loan is an asset-based loan, but the credit report is required so we will have an idea of your credit history. This will enable us reach a payment plan that you will find convenient, and can pay without any pressure on you.
Get a CarTitle Loan Approval
When other title lenders refuse to grant you a cash advance on your car title, we definitely will try our best to assist you in every way we can. Sometimes if your income is good and your credit score is good but the wholesale value on the Kelley Blue Book is low, we are still able sometimes to get your car to qualify under our car title loan program.
Your ability to repay the loan is always a huge factor in our title loan approval process. But when a car does not have a high Kelley Blue Book value it suddenly becomes the only factor that matters. We want to help you get the emergency loan that you need with the best car title loans in Riverside.
Come to our Riverside office closest to you and get aquick cash advance against your car title. Once your appointment has been set up the process goes very fast from there.
Title Loan Car Inspection
Our title loan representative will do a physical inspection of the car when you approach us.They will also take photos of the car. Once that is complete, our loan officers will go over the contract with you. Highlighting the most important parts of the contract and answering any question you might have.
During the car inspection stage, if you are unable to bring the car to the office probably because it is under repairs in a mechanic shop, we can still get you the car title loan that you need.
We will contact the mechanic store after the complete body shop, and we will have them take photos of the complete work. We will still have to send a field representative to inspect the car and verify that the maintenance was actually done.
Even if your car is in the impound yard, we can still help you. We will find out from the impound yard how much the impound fees are and how much will it be to get it out. Over the years, we’ve handled several impound loans to help out customers in Riverside and its surrounding areas.
After the contract is signed and a complete terms of agreement is given to you, the title will then be signed as well as any other DMV paperwork that could be required.
Then we will issue your loan check to you. If it is more convenient for you to have the money directly wired into your own personal bank account, we can also do that for you too.We are here to work with you and help you with all of your car title needs.
Riverside title loan requirements
- A proof of residence (either you lease agreement or your utility bill will serve this purpose)
- A proof of income (the most important part of our underwriting. We need to make sure that you have the income to support the loan.
- We will require you add us to your insurance policy
- Photos of your car (interior and exterior), and a photo of the odometer.
Sometimes the client’s car will qualify for $10,000 but the income may only support something less, say about $3,000. So, the income check is to know that you are financially buoyant to follow through with the payment plan without defaulting.
We will be included as the loss payee on your insurance. This procedure insures us in a case where the car may be involved in an accident and becomes damaged. If you do not have insurance or you have an expired insurance, we will pay for the new insurance or renew the old insurance by paying the insurance company directly by using the funds from the car title loan.
If you are in debt at the DMV, we will take care of the DMV fees by also using the money from the title loan (without stressing you with going to the DMV).
The photos of the car should be taken from several angles. The pictures are to show if there are any damages to the car and evaluate the overall condition of the car. The photo of the odometer, should show the current miles on the car.
Advantages of getting an auto title loan
- Straightforward application
- Quick approval
- No prepayment penalty
- Longer repayment period
Working with an experienced car title lender really has many benefits, andensuring that you can afford the monthly payments is also vital.
Our pool of satisfied customersloves our interest rates so much that we have a vast number of our clients returning back multiple times for one form of financial support of another.
We want to make sure that our clients enjoy our title loan services. If there are any challenges that our clients may face, they can always contact us and we will surely do our best to assist them. We pride ourselves in giving you the best car title loans in Riverside.
With our no prepayment penalty program, we allows our clients to fully pay off their loan at any time. We do not believe that tying our clients to a rigid loan duration is in our client’s best needs.
Weprovide the no prepayment penalty service because it gives our clients a flexible loan repayment plan and allows them to take care of the initial emergency why they are getting the car title loan from us. So, once they have the money to repay, they can just pay us off all at once.
With our fast approval application process, our clients can find out how much money that they will qualify for over the phone. Remember, to get an approval with us in Riverside we will need to run your credit first.
What About Default and Repossession?
All car title lenders would be far happier if all of their clients would just make their payments when the payment is due.
The reason is because the lender will incur and accrue many fees and expenses in repossessing a client’s car and sometimes, the lender ends up spending some of the costs when the car is sold in an auction.
A default is when a client fails to pay off the loan as at when due. When this happens, the title loan lender could decide to seize the car as an insurance. Repossession is the impounding of the car of a client who has defaulted.
If the client’s car goes to an auction and is sold for more than the client owes, then the title lender returns the balance after the sales back to the client.
So for the car title lender, there is really no profit repossessing and selling your car. We will work with to ensure we avoid this situation.
Why get a gar title loan Riverside with us?
Car Title Loans California is fully licensed and bonded by DBO, with a huge database of clients that have enjoyed, and are still enjoying a wonderful title loan program with us.
When choosing a car title lender in Riverside, it is always important to know more about the finance company you are choosing. Obviously, it is important that they are licensed to do car title loans inRiverside and that they have a location that you can easily visit at any time.
It is also important to verify their Google reviews or Yelp reviews to make sure they have great title loan customer service and a large number of satisfied customers.
Sometimes even the best title loan lenders get a couple of bad reviews. So in your search, you also need to consider the bad reviews.
It is very important to know that no car title lender wants to repossess their client’s car. Because, bad reviews are probably fromthe clients whose cars were repossessed due to default in payment.
Car title loans locations in Riverside, California
Our car title loan services cover all of the Inland Empire, which includes San Bernardino, Moreno Valley, Colton, Rialto, Redlands, Fontana, Ontario, Norco, Corona, Parris, Lake Elsinore, Winchester, Banning, Yucaipa, Murrieta and Temecula.
Our location is just off the 215 freeway and the 60 freeway. It can be seen from the 215 freeway. It is a building with the words “CAR TITLE LOANS” on the front and on the side of the office.