CAR / MOTORCYCLE / SEMI-TRUCK / RV TITLE LOANS

Category Archives: ARTICLES TITLE LOANS

Commercial vehicle title loan

Commercial vehicle title loan in Atlanta are our specialty! In able to get your loan you need to first own your semi truck with no liens against the title, provide a Georgia state drivers license and some type of income documentation. It is now that fast and simple to get a commercial vehicle title loan/ semi truck title pawn in Atlanta. Most lenders do not understand the needs of truckers but when you need a semi truck title loan we are there for you. Whether you have a box truck or a tractor trailer we are there your specialized needs for a commercial vehicle title loan.

Title Loan in Atlanta

Title loan Atlanta customers should not consider their credit when comparing a car title loan to a bank or credit card loan your credit score is the most important factor determining your approval. Unfortunately, with just some late payments, a repossession, foreclosure or bankruptcy, it can lower your credit score and make it a challenge to be able to qualify for these loans. If you find yourself in this situation and you need to borrow money to meet your emergency financial needs, one option that you can consider is a car title pawn or loan. Once you apply for a car title loan, your credit score is not going determine your approval. The majority of lenders won’t be running a credit check on you, which makes it beneficial for your loan to be approved. The reason for this is the fact that they are secured loans, meaning they are holding collateral against your loan. It is like a bank lending to buy a home but if you do happen to miss out in payments your vehicle could be repossessed much like a foreclosure on a home. Your car tittle loan amount is determined by the value of your vehicle and that serves as the “credit score” to give you a maximum and minimum amount to be loaned out. The qualifications for title loans vary form lender to lender so check closely when searching for your title loan in Atlanta.

Title Loans in Atlanta how company evaluates my collateral?

Title loans in Atlanta companies will in most require you to bring in your vehicle for an evaluation. These car evaluations are fairly simple and only take a few minutes of your time. Your year, make, and model will be looked up through many possible vehicle information sites including KBB, Manheim, and Black Book pricing. In addition, mileage and condition (both mechanical and body) will be consider when determining the loan value. Most car title loan companies lend approximately 50% – 70% of the wholesale value of the vehicle. Vehicles that are clean and free of check engine lights and signs of other mechanical problems will tend to be appraised for a higher loan amount. If possible wash your vehicle and have it neat and organized. If you have empty bottles of anti-freeze,oil or transmission fluid in your car this may bring up a red flag.So be sure to make sure you are prepared when looking for title loans in Atlanta.