When people need money fast, some think that pawn shops are a great way to get the funding they need quickly. This may work for some individuals but pawning an item when you need fast funding can be tricky—so it is important to know all the facts.
Have you noticed that registration loans are only available in Arizona? This may be because payday loans are NOT available in Arizona, so registration loans act as kind of a loophole. By providing short-term, high interest rate loans, registration loan lenders can use tactics similar to payday lending without actually giving out a payday loan.
Registration loans can be safe, but you must be VERY careful. Some lenders out there don’t have your best interest in mind, and these are the kinds of companies you might want to avoid.
Financial troubles can be rough, but thankfully with the help of a LoanMart car title loan getting your budget back on track is easy! We know how stressful it can be when you need money fast that is why we are here to be the lender you can trust.
No. Since registration loans do not require the borrower to present a vehicle title at the time of the loan, the lender has no lien possession over the vehicle. However, this does not mean that there are no consequences to defaulting on a registration loan
Registration loans are notorious for their high interest rates and their short terms. If you cannot pay back your loan right away, you risk acquiring even more debt, which will harm your financial situation even further.
If you need fast funding, you might want to reconsider choosing a risky lender who could give you more problems than solutions.
Do you already have a title loan and are wondering if you can get a second title loan to help with a new financial problem? You may not have realized that you need a second title loan to help pay for this financial problem.
Yes, it is possible to get a registration loan without a bank account. When you get a registration loan, you use the registration to your vehicle as collateral in order to receive funding for a short-term, risky, high interest rated loan.
Registration loans are currently only legal in the U.S. state of Arizona. Since payday loans are not available in Arizona, registration loans serve as kind of a loophole. Many people are very wary of registration loans.
Yes, it is possible to have multiple registration loans out at the same time. In fact, it is possible to have six registration loans out in one name at the same time. But this may not be the best decision for you. Registration loans usually always come with very high interest rates and extremely short terms of typically about 30 days.
Since the Kelley Blue Book is one of the resources we use at LoanMart to find the value of your car, you can use it to try and determine what sort of loan you’ll be able to receive from us!