So many people are struggling financially. Are you one of them? It can be difficult to talk about finances because you might be embarrassed that you don't have enough to provide for you and your family's needs. But, things happen and circumstances change. Not having enough cash isn't always about the person being unwise with money. There are lay-offs to consider and businesses that shut down with little to no warning. Sometimes it's an unexpected expense that drains your accounts. It shouldn't take long to get back on track, but where do get the money to help? Title loans Santa Fe are what you're looking for.
What are Title loans Santa Fe?
Title loans Santa Fe are loans given to borrowers who use their cars as collateral. Yes, it is as simple as it sounds. These loans are an alternative to standard loans which are often complex and time consuming to apply, and it can take days or weeks to get a loan decision. With auto title loans, applying takes only minutes, and most loans are handed out within a day.
Qualifying for a fast cash loan includes an applicant being at least 18 years old and owning the vehicle put up for collateral. You don't have to work, but you do need an income. So, if you get alimony or retirement or have some other income, you shouldn't have a problem. What you don't need to worry about is bad credit. There is no reason for a credit report to make a loan decisions because auto title loans are built on collateral.
Applying for Title loans Santa Fe
Some people are apprehensive about filling out a loan application, particularly when they believe it might be rejected. If you're feeling that way, stop it, and relax. We put great effort into getting rid of any stress-inducing parts of our application. The result is an extremely short form that only takes a few minutes to complete.
By putting our application online, we've made it available to you 24 hours day so that it fits your schedule. Instead of waiting for business hours to meet with a loan officer, you can complete the application, submit it and get a loan estimate in just minutes. One of our representatives then calls you to verify everything. At this point, we match you with a lender in your area that has made the best offer to meet your needs.
When talking to your lender, you get to ask questions about Title loans Santa Fe, and they ask you a few questions about your income, vehicle and a few other things. It's all very casual and moves along quickly. There's no time to waste since you need the money right away. With rapid processing, you can get money fast in Midland and Santa Fe. The cash could be in your hands within a day of you submitting an application.
Legal Guidelines For Title Loans in Texas
Interest is limited to 10 percent, but the state does not limit loan amounts. Borrowers get up to five loan renewals. This extra time helps borrowers who get behind on payments so that they don't default on a car title loan.
A Few Benefits of Title Loans
- Conveniently apply online at your convenience.
- Applications are short and simple and only take a few minutes to finish.
- 24 hours or less is all it takes for most people to get their loan money.
- Change your payoff date with loan renewals.
- Your car stays with you while you make payments.
- Bad credit is fine as long as you have a car for collateral.
- Our payouts are higher than similar types of short-term funding options.