Unsecured loans and short term loans may come first in mind but they aren’t the best choices for emergency cash.
The paperwork required for unsecured loans from banks is intimidating for people who have a limited amount of time to pay off their emergencies. In addition, waiting for approval can take several days or even weeks. Likewise, both unsecured and short term loans have interest rates higher than Mount Everest.
Collateral vehicle title loans only need collateral
With collateral car title loans you only need a fully owned car as collateral. You then leave the lien free car title with the lender so you can continue using the car while paying off the loan. The collateral serves to secure the loan and the title is promptly returned once the loan is fully paid off. The car only needs to be inspected and appraised for its true market value. From this, the loan amount can be determined, anywhere between $1,000 and $50,000.
These loans are the best for quick cash
Interest rates are the lowest in the whole lending industry so up to 70 percent lower interest rate can be offered versus any close competitor out there. Payment terms are the most flexible starting at 1 year and can reach up to 5 years. Applying for equity loans isn’t hard because all you need is a valid driver’s license and proof of permanent residence. No credit checks are ever done for collateral vehicle title loans.
Snap Car Cash is a leading collateral title lending company. This locally-owned and managed company has been helping in individuals with their finances offering collateral title loans for vehicles. They give borrowers a chance to get quick cash easily, with the lowest interest rates and loan payment terms from 2 years to 5 years. For more information about the company, its title loans and other services, call Snap Car Cash free at 1-888-886-SNAP (7627) and apply now or apply online.