Get approved for a car title loan to overcome your short-term credit crunch immediately!
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Posted On :
Nov-04-2011
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Article Word Count :
409
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Nowadays the unemployment and high cost of living are the major factors, consistently hitting millions of people’s wallets. Auto title loan is becoming one of the most popular sources of getting fast cash for an instant relief from financial crisis. In such type of loan, the auto owner borrows money against the auto’s title and the vehicle is used as collateral. The loan amount is based solely on the condition and value of the borrower’s vehicle as well as the applicant’s repayment capabilities.
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Nowadays the unemployment and high cost of living are the major factors, consistently hitting millions of people’s wallets. Auto title loan is becoming one of the most popular sources of getting fast cash for an instant relief from financial crisis. In such type of loan, the auto owner borrows money against the auto’s title and the vehicle is used as collateral. The loan amount is based solely on the condition and value of the borrower’s vehicle as well as the applicant’s repayment capabilities. In order to approve these loans, the lender has several requirements that must be met by the borrower. One of them is that the vehicle has to be paid off or nearly paid off.
Car title loans have currently become more popular, since they are much easier and quicker to obtain. These loans are secured by the value of your car. Although you get to surrender the title of your car, it is not required to surrender the car itself to the lender. You can drive your car for the term of the loan, as long as you do not fall behind in making monthly payments. To get approved for car title loans you need to have a clean title certificate of your car, valid driver’s license, and proof of residency, validity of account details, at least 3 references and social security card.
One of the most reliable companies offering car title loan services is Instant Auto Title Loans, headquartered in Los Angeles, CA. The company is approved by California Department of Corporations and is offering loans in the States of California, Arizona, New Mexico, South Carolina and Georgia.
Lending money using the value of a car gives an assurance to the moneylender, making cash for cars an easy loan to obtain. Moreover, the credit history is not an issue for your loan approval and the people having a poor or no credit history, can still get approved for a loan.
Instant Auto Title Loans assess the value of the loan based on the car year, make, model and mileage. Once the value of the car is determined, the Lender will offer up to 75% of that amount. The terms of the loan differ, and could be 12, 24, 36 or 44 months. The auto title loans do no have a pre-payment penalty, and the borrower can pay off the loan any time, without any fine.
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Article Source :
http://www.articleseen.com/Article_Get approved for a car title loan to overcome your short-term credit crunch immediately!_100270.aspx
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Author Resource :
The fast approval title cash loans make it possible to pay your bills before the deadline and help you overcome the financial bind you might find yourself in.
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Keywords :
Auto title loans, secured car title loans, loans for pink slip, pink slip loan, car title loans, title loans title loans, aut,
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Arts and Entertainment
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Arts and Entertainment
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