Car Title Loans and Auto Title Loans
Need a Fast Auto Title Loan?
An auto title loan is a loan made against the equity in a vehicle you own. If you own a vehicle, meaning a motorcycle, automobile (car), truck, or RV (motorhome) and it has a valid title that shows you own it, you may be able to borrow against the equity in the vehicle and get a same day cash loan in as little as 30 minutes.
Car Title Loans
When you apply online, by phone, or in person at a Tio Rico Te Ayuda location, your application, a copy of your car title and driver’s license, and other required documents are given to an underwriter to determine how much you can borrow against the equity in your vehicle.
Equity simply means the difference between how much Tio Rico Te Ayuda determines your car is worth minus how much you owe on the vehicle to other lenders, if any. If you don’t owe anything on your car, for instance, it means you have free and clear title.
Once the car is evaluated by Tio Rico Te Ayuda, and other simple factors reviewed by the underwriters, a loan amount is offered to you as well as the interest rate due on the loan and how long you have to pay the loan back.
If you agree to accept the car title loan amount (which can range from $100 to $100,000), then loan documents are printed up, you come in and sign them, and you get an immediate check from Tio Rico Te Ayuda that you can cash and get your car title loan money.
Auto Title Loans
A nice surprise that many people don’t know about is that before, during, and after your cash loan, you are always in possession of your vehicle. You’re always able to get the kids to school, drive yourself to work and to appointments, and to get back to living your life, now having the cash to pay unexpected bills and emergencies that may have caused you to seek out a car title loan in the first place.
It’s very easy to get started towards getting the cash you need – simply fill out the 1 minute form on the right and a Tio Rico team member will contact you in 5 minutes!
What Do I Need to Apply?
- 18 years of age or older
- A Car, Truck, Motorcycle or RV
- Certificate of Title
- Picture Identification or Drivers License
- Loans above $2,500 will usually require full coverage insurance.
Why Choose My Tio Rico?
- Loan approval in 30 minutes or under.
- Flexible payment plans (bi-weekly, semi-monthly, or monthly)
- No insurance required in most cases
- Twenty locations around Phoenix, Glendale and Mesa
It’s very easy to get started towards getting the cash you need – simply fill out the 1 minute form on the right and a Tio Rico team member will contact you shortly!