Ask any person what they think of the bank lending process and they will inevitably say that seeking a loan through a bank is a daunting task, which is sadly true. Bankers have made it a habit to weed out riskier borrowers that present themselves with flawed credit backgrounds. These borrowers are believed to be high risk, so lenders typically deny these customers or hike up the interest rates to make the loans nearly impossible to pay back for the average person. Big Car Title Loans Compton has changed the mold when it comes to short term loans. We make it possible for all people have the opportunity to apply and get approved for loans without being subjected to hassles and complications.
Here, we help you get the cash you need based solely on the value of your vehicle. We will conduct an evaluation of your vehicle on the spot and give you an estimate right there. Usually the loan amount itself will be a fraction of the market value, around 50-60% of the value. If your vehicle has been well maintained and isn’t too old with reasonable mileage, you are much more likely to get a higher end amount.
Getting a title loan is a cinch as title loan stores are all around you and easy to access. Just head to our Compton office and submit the basic documents such as your car registration/title, proving your ownership of the vehicle, two recent pay stubs and proof of residence. This is all that is required to apply for one of our Compton title loans. After you submit the documents and while the documents are being looked over, a technician will check over the vehicle and determine the current resale value. After the value has been determined, the approval process begins and it’s usually within a matter of just 24 hours and you can have the cash in your hands.
The positive aspects of auto title loans are many and they include lower, competitive interest rates and flexible repayment plans. Both of these factors make vehicle title loans one of the most affordable and favorable types of loans there is. If you consider the alternative pay day loans that charge over 400% APR or bank loans that also hand out hefty fees and interest over a longer period of time, you’ll see why so many more Compton residents are choosing title loans for quick funds. Auto title loans literally have no competition when it comes to being customer friendly.
In any emergency you will need a resource that works really fast to get you cash. For you, that source is Big Car Title Loans Compton, and we guarantee a quick and hassle free loan process. Contact our friendly Compton title loan representatives at (424) 218-1523 today!