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CAR TITLE LOANS EXPLAINED
Car title loans, also called an auto or vehicle title loans, pink slip loans or simply title loans, is a type of secured title loan where the borrower can use their vehicle title as collateral to secure a cash loan. At Auto Pawn Plus we will loan your anywhere from $1,000 up to $500,000 depending on the value of your car and or how many vehicles you pawn with us. Borrowers who get title loans must allow a lender to place a lien on their car title, and temporarily surrender the hard copy of their vehicle title, in exchange for a loan amount.
When the loan is repaid, the lien is removed and the car title is returned to its owner. At Auto Pawn Plus we do not do car lien's as your vehicle remains in our secured warehouses so there is no need to issue a lien on your vehicle. If the borrower defaults on their payments then the lender is liable to repossess the vehicle and sell it to repay the borrowers’ outstanding debt. Car Title Loans are typically short-term but can be long term if needed, and tend to carry similar interest rates such as you would see with a traditional bank loan. Lenders typically do not check the credit history of borrowers for these loans and only consider the value and condition of the vehicle that is being used to secure the cash loan.
Most car title loans can be acquired in 15 minutes or less on loan amounts as little as $1000 or more.
Many lenders will not loan more than $1,000 to someone without any credit as they deem these not profitable and too risky. In addition to verifying the borrower's collateral, many lenders verify that the borrower is employed or has some source of regular income, at Auto Pawn Plus our Car Title Loans are not verified by credit or employment history. With Car Title Loans. lenders do not generally consider a borrower's credit score. With Auto Pawn Plus We Do Not Check your credit score or need verification of employment in any way. Your vehicle and your car title is all that we require for you to qualify for a cash loan.
Auto Pawn Miami In Espanol:
Borrowing Money against your car auto title loan is a simple and easy way to use your car or truck title as collateral for a car pawn; which means that there is no need for a credit check when using your car's title as collateral for your loan! We know that life can throw some unexpected dillema's your way and when a traditional bank denies you, that is when an auto title pawn in Florida can help with an approval using just your car title and ID. Car Title Pawn and Auto Title Loans in Miami, Florida are fast, simple and secure for any cash problems that need urgent attention in your life.
When you need to get some cash back in your pocket, or to simply catch up on some bills you can get car title pawn in Miami, Florida with our fast auto and truck title pawn and loans!
Getting a auto title loan in Miami, Broward, Palm Beach, or anywhere else in the state is easy with Car Title Pawn and Auto Title Loans in Miami, Florida. If you own a vehicle and have a clear title, then you are eligible for a same day approval. Based on the value of your car, you can get a loan from $1,000 and up to $500,000. We can help you solve any financial problems with an affordable solution by many payment plans that fit your needs and no pre-payment penalties.