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A car title loan company is the destination for people who need fast loans, and are willing to pawn their car title in exchange for the emergency cash loan.
This issue of armed robbery has been the persistent challenge of car title loan companies.
Car title loan companies have not only been visited by customers who need financial help, but they’ve constantly also been visited by armed robbers too.
Most times, there is cash in the title loan office, and so many title loan companies have been robbed at gunpoint for cash on several occasions.
A car title loan is a fast loan or same day loan option that offers individuals an opportunity of applying for an instant emergency cash loan.
And quickly receiving the money without having to go through the elaborate procedure required by banks or credit unions.
Just about anybody can qualify for the loan provided they have equity in their car or own the car with their name on the title.
People who approach car title loan companies for a cash advance are usually those who;
However, in recent times, armed robbers have also found a reason to visit car title loan companies. And auto title loan companies have suffered a great deal because of increased robbery activities.
The suspect escaped from the back of the complex with an undetermined cash sum.
The suspect escaped and was never found, though it was unclear if he took anything.
The suspect fled the scene with some cash and was never apprehended.
Car title loan companies are big businesses that sometimes have to keep cash within the business complex to satisfy their customer, but these incessant robbery attacks that hit now and then is a dilemma.
While these companies are taking proactive measures to cup the menace, the police should be more vigilant, on the watch to investigate and make arrests.
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Trading Financial Credit, LLC may act as the broker for the loan and may not be the direct lender. Loan proceeds are intended primarily for personal, family and household purposes. Trading Financial Credit, LLC does not offer or service student loans. California loans are made or arranged pursuant to a California Financing Law License : 603-8192. Arizona: Loans made pursuant to Arizona Department of Financial Institutions.
New Mexico: Loans made pursuant to New Mexico Regulation and Licensing Department Financial Institutions Division Small Loan Company License. Small Loan License 02069
*Credit approval is subject to Trading Financial Credit, LLC credit criteria standards. Actual loan amount, term, and Annual Percentage Rate of the loan that a consumer qualifies for may vary by applicant. Minimum loan amounts vary by state. Consumers need to demonstrate ability to repay the loan.
*Application processes could take five (5) minutes to complete. Upon completion, a conditional approval may be given pending review of documentation. Funding time is based on the time from final approval following receipt and review of all required documents and signing, prior to 5PM PST on a business day.
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