Are you in urgent need of cash, but have no idea how to get it? Tio Rico offers a solution with auto title loans in Los Angeles, California area, New Mexico, and Arizona. The best of us get strapped for cash at times; we have bad credit or perhaps no credit at all, which keeps us from trying to get a loan. A title loan offers you cash almost immediately, with minimum requirements. Here’s what you need to know.
What is a Car Title Loan?
A vehicle title loan offers you a small amount of cash (usually between $100-$100,000), for a short amount of time. The loan is made against the equity of a vehicle you own, whether it is a car, truck, motorcycle, or RV. What if your vehicle is not paid for yet? We work with you to qualify for the amount you are requesting when your motor vehicle is paid for, and can sometimes pay off your existing loan and issue you a new loan. If this is your case please call (602) 322-1010 for more information.
What to Know About Title Loans
Some people may think that you have to give your car up while you are lending, but that is not true. The goal is to have the money you need, when you need it, and still be able to live you life. You simply show the lender your application (more on the application process below), your car, the title of your car, and a photo ID. Once you’re approved, you receive the cash that day, while the lender holds the auto title as collateral. Like any loan, you want to pay on time and within the required time period to avoid negative consequences (i.e. late fees, car repossession, etc.) or talk to them about a rollover loan.
How to Get Your Loan Fast
It’s very easy to get started on a title loan application. Tio Rico has a one minute form that you can conveniently fill out on online. The submission is then followed up by a call from one of our loan specialists. If you would rather apply in person, we also have offices through the Los Angeles, Albuquerque, and Phoenix areas. Feel free to stop in and discuss the possibilities with a loan officer today. Remember to bring a picture ID and a certification of your vehicle in order to make the process even speedier.