Your Auto Title Loan Questions Answered

Once you understand how fast and convenient it is to get approved for an auto title loan with My Tio Rico, there won’t be any  hesitation the next time you need cash fast. Below you will find the answers to some of the commonly asked questions about how Auto Title Loans in Arizona work.

How Much Can I Borrow?
Your borrowing limit will be determined by how much your car is worth, less the amount you still may owe on it. Up to $100,000 can potentially be borrowed! If you have the title to a motorcycle, car, truck or RV, our underwriters will quickly decide how much potential loan to offer you, against the equity of your vehicle.

How Soon Will I Get the Cash?
The professionals of Tio Rico Te Ayuda are great at their jobs! Your loan consultant will evaluate your documentation and have a decision to you in 30 minutes or less! At this time, the interest rate will be offered, as well as a repayment schedule that fits your budget and paycheck schedule. Then all that’s left is signing and getting your check! Tio Rico Te Ayuda is even willing to cash the check for you, so you will walk away with your money in hand! You’ll be in and out of our office in no time when you choose the cash loan experts of Tio Rico.

How Do I Pay Back the Title Loan?
You have a plethora of options when it comes to your repayment terms. First, you will discuss with your loan consultant from Tio Rico Te Ayuda what kind of payment schedule will fit your needs. You’ll have bi-weekly, monthly or even semi-monthly repayment options in most cases, depending on your work paycheck schedule and budgetary needs. We don’t want your loan repayment to cause more stress to you, so we work with you one on one to tailor fit a schedule that is manageable and convenient.

What If My Payment is Late?
Tio Rico Te Ayuda understands that financial strife can hit when you least expect it. We make it as easy and convenient as possible for you to make your repayments on time by discussing all of your options up front. We have several options for you to choose from when it comes time for you to make your payment. You can mail money orders directly to our office, pay in person with cash, money order or debit card, call the office by phone and pay by debit card, drop off a money order after hours at our 24 hour drop box, or we even offer quick and easy online payments that are guaranteed secure.

Should you have trouble making a payment on time, simply contact us and we will come up with a plan that is mutually agreeable! Never hesitate to call the loan professionals of Tio Rico Te Ayuda at 602-322-1010 whether you need to arrange a late payment or simply have a loan question.