Car Title Loans
Car Title Loans are our specialty, allowing us to provide our customers with the lowest interest rates and best customer service. Fast Title Lenders has been providing car title loans for years and helping our customers with their financial needs. Over the years we have only improved our process to be able to ensure we provide every customer with the right service. Sometimes, a car title loan is not the best option.
Car title loans are also known as title pawns, auto title loans, pink slip loans. These other names for a car title loan are often used to describe the same loan. We focus on our providing our customers with car title loans using contracts they can understand.
Unlike other lenders that charge triple digit rates and try to make as much money from every customer as possible, we make sure our customers are happy with the agreement and can make the payments without a problem. Ultimately, this leads to a better loan for the customer and a smoother process from funding to the final payment.
If you own your vehicle and need a Car Title loan at a reasonable rate, with repayment terms you can meet, you are in the right place.
Car Title Loan Process Refinements:
During the past several years we have incorporated a number of efficiencies into our car title loan process to make it easier for our customers; from the online application through making payments. We refined our car title loan requirements, streamlined our online application, and updated our payment methods. If you are shopping for a car title loan, then you have found the best place to get a title loan and the best title loan company in the nation.
The Car Title Loan efficiencies we have incorporated into our business model allow us to offer lower interest rates than our competitors, much lower. They have also allowed us to decrease application turnaround time and our speed up approval process for fast, rapid title loans. This means we can complete the funding process quickly the same day. In most cases the entire process can be completed in about 30 minutes to get you the cash you need quickly.
Our car title loan process is fast and easy. First, apply online by filling out a very easy form. We suggest getting a quote from our car title loan calculator to find out your monthly payment. This will let you decide whether or not you can afford the payment for your desired loan amount. You use your vehicle as collateral for the loan and make monthly payments based on the term you select. After your final payment, we return your title to you.
Car Title Loan Experts
By specializing in car title loans, and only car title loans, we are able to offer benefits other lenders do not. First, we built our business model around funding car title loans quickly and making the process easy for the customer. We found the majority of title loan customers need the cash fast for an emergency, unplanned expense, or urgent need. Compared to other loans, title loans are very fast without extensive paperwork requirements.
Second, we charge a fraction of the interest that our competitors charge, allowing us to provide the lowest interest title loans. In some cases less than 1/3 of their rate. This makes our car title loans much more affordable. It also allows our customers to borrow what they need.
Third, we provide easy payment options with over the phone and online payment methods available. For us, this was a simple decision. While it costs us more in processing fees, it allows our customers to make their payments on time more easily. Lenders that still make customers pay in cash or by Western Union do not have their customers convenience as a priority.
Fourth, we provide a title loan calculator that allows you to enter a loan amount, term in months, and get an accurate estimate.
And finally, we are transparent and provide our customers with an authoritative source of car title loan related information that other companies keep hidden. Read our posts, use our calculator, and learn how title loans work.
Fast Title Lenders Car Title Loans
Once you apply and complete the Car Title Loan process your loan is funded quickly. In most cases it only takes about 30 minutes. Once your loan is active you are ready to start making your monthly payments.
Best Place to get a Title Loan:
Looking for the best place to get a title loan? The advantages we provide make us the easy choice for your next title loan. Why pay more? If you are considering a title loan then you should understand the related costs; before signing a loan agreement. Many title loan companies claim to be the best place to get a title loan, do your own comparison and choose the lender that makes the most sense for you.
A key part of the comparison is the cost of the loan. This is driven primarily by the interest rate. Keep in mind that car title loan interest rates are quoted in monthly terms instead of the more common APR. This means a 15% monthly rate loan has an APR of 180%. Our detailed guide on title loan interest explains exactly how interest accrues and is calculated. Further, our car title loan calculator provides a title loan quote.
Shopping for the Best place to get a Title Loan:
Shopping for a car title loan can be an intimidating process, but it is necessary to find the best deal. Finding the best place to get a title loan will save you a significant amount of money in saved interest. It is also critical to avoiding the negative experiences that title loans are known for.
Finding the right lender with the right solution for you can make the difference between having a good experience that solves your short term financial difficulties and having a bad experience that only compounds your short term problems into a long term issue. Please take the time to make sure you end up with a solution and not a bigger problem. Read the information on our site, use our title loan calculator, and get several quotes from several lenders.
Title Loan terms and rates can vary significantly from lender to lender making it essential to do your research before signing a loan agreement. Accurate information relating to title loans, how they work, risks and benefits, and costs is key to being able to determine whether or not a title loan can be a solution to your short term financial needs. Some title loans cannot be refinanced, so getting the best title loan the first time is critical to ensuring your payments are affordable over the loan term.
How much can I borrow, versus How much will this cost?
Most lenders try to keep you focused on the first question when looking for a car title loan, which is usually “how much can I borrow with a title loan?” While this is important when you have an emergency expense to cover, it is definitely not the only question you need to ask. Some lenders will keep your attention focused on getting the “maximum” for your car regardless of the cost. Visit title lenders’ sites and you will find plenty “How much Cash can I get” forms promising to get you the most cash for your car.
The problem with this is most of the time they don’t spend any time on a much more important question, “how much will this cost me?” When you visit lenders’ sites you won’t find “Here are our costs”, this information can be difficult to decipher. Use our calculator to help you find out exactly what a loan with us costs. We provide you with a real-time estimate of your monthly payment and the full real time repayment schedule with our Car Title Loan Calculator.
As a general rule, if the loan costs you more than double what you borrowed, you are paying too much with a lender charging very high rates. As an example, a $1,000.00 12 month loan with us costs less than $1,592.34 to repay. The same loan with a 4 month term costs only $1,217.34 to repay.
Our costs make us the best place to get a title loan:
Many of our competitors, and many title lenders in general, charge the maximum allowable rate. This varies depending on the state, but is still very high in most states. By charging lower rates, we can provide our customers with three very important benefits:
- We can provide the same loan amount with a much lower payment.
- We can provide a much larger loan amount with the same payment.
- You can pay off your loan much faster.
What do I need to get a Car Title Loan?
Getting a car title loan with Fast Title Lenders is quick and easy. Just make sure you have a vehicle, a lien free title, a valid drivers license, proof of if insurance, and proof of income. We require proof of income to ensure our customers can afford their monthly payments. Once you meet the car title loan requirements you are ready to apply online.
Car Title Loan Interest:
Before moving forward with a car title loan, it is important to understand how title loan interest works. Most people do not understand how interest accrues daily, which can lead to not understanding how your day to day balance is calculated. Understanding this helps ensure there are no surprises. It also helps with understanding how any loan works. Amortization is not complicated, but does require learning some basic concepts.
Car Title loan interest is calculated the same way other simple interest loans are calculated. Interest usually begins accruing the day the loan is initiated, and, like other loans, the longer you keep the loan the more interest you will pay. If possible, make early payments, extra payments, and repay the title loan in full as soon as possible.
Ready to move forward? Fill out the quick and easy online application and we’ll contact you shortly. Still need more information? Keep reading…we try to answer all questions about how car title loans work and provide you with the information you need to decide if one is right for you. Find out the truth about title loan alternatives.
Benefits of finding the Best Title Loan Place:
There are several benefits of getting a car title loan versus other types of loans. A few include:
1. Speed – Car title loans are one of the fastest ways to borrow money using your vehicle.
2. Privacy – Assuming you choose a decent lender, they will respect your privacy. Make sure to let the lender know privacy is important to you.
3. Credit – Car Title Loans do not require a credit check in most cases. Additionally, there is no inquiry on your credit report as a result of applying for a car title loan with us.
4. Easy – The paperwork and related requirements are minimal when compared to other loans.
5. Keep your Car – Unlike pawning your car, with a car title loan you keep and continue to drive your car.
How do I get a Fast Title Loan?
Compared to most other loans all title loans are fast. To get a title loan in the shortest amount of time, make sure to have all of your information ready when you apply. This includes your lien free title, drivers license, proof of insurance, and proof of income. If you have these items in multiple locations, find them and consolidate them into a single file. Have them ready when you apply to get your loan funded as fast as possible.
A car title loan is designed to be a short term financial solution. Fast Title Lenders has made it a priority to educate our customers about title loans by providing up to date, accurate information. There are too many inaccurate information sources on the internet that are designed to confuse search engines and simply make no sense. Too often lenders take advantage of those with no other option and they end up trapped in a long term financial problem instead of solution. This usually happens when the borrower does not understand the loan terms and how title loans actually work.
As a responsible and reputable lender, we try to provide all of our customers with the information needed to make sure a car title loan is the right choice for their specific situation. If you are considering a car title loan, please be sure to read the following additional information before making a decision:
Title Loan Alternatives – most articles about title loan alternative didn’t contain any actual alternatives that a title loan customer could actually use,compiled a list of real alternatives that may work for you. We hope you find an alternative, if not don’t hesitate to apply online.
How Title Loan Interest Works – Interest for any loan tends to be over complicated by lenders. This page defines how car title loan interest is calculated and provides a sample loan with amortization.
Title Loan Calculator – The name says it all. We built a car title loan calculator that allows you to enter a loan amount and repayment term in months and calculate the monthly payment, interest, and schedule.
Car Title Loan Costs – This post details the costs associated with car title loans, compares several different APRs, and show what happens when you sign a loan agreement with unfavorable terms (it costs a lot of money).