Car Title Loans in Chandler
All types of drivers are considering title loans in Chandler, Arizona as a great way to help make sure that their bills are paid on time and that they can keep driving their vehicles just like normal. Title loans are becoming one of the more popular ways to take out a short term personal loan for drivers who own their cars because they afford the type of flexibility and choice that does not come with other forms of personal loans.
Asking friends or family to borrow money in a pinch can be embarrassing and lead to plenty of uncomfortable questions. With Approved Money, you do not have to go through the stress to be able to get access to the cash you need to pay your bills or get out of a financial bind. Title loans in Arizona are super easy with Approved Money because they only involve posting the title to your car or truck as security for a loan.
You do not have to worry about losing the ability to drive your car with Phoenix title loans because you are only using the title as collateral while you continue to pay off the loan amount. We make title loans Chandler an option for every driver that owns their vehicle without any other liens on the title and is over the age of 18. We want to help you get the money you need without making you go through a tough and invasive application process to get it.
The Easy Online Application Process for Title Loans Chandler, Arizona
At Approved Money, we are the best option for drivers in Arizona that do not have time to wait around forever for a short term loan. This is because our application process is so streamlined and easy to understand. We keep the questions as precise as possible so that you have a quick answer on how much you can expect to borrow for your title loan.
If you want to get started on the application right away, you need only click your mouse. Our title loan application is completed online and should not take more than a few minutes of your time. You already know the personal information you will be asked to provide, such as your name, address and phone number. The only things you need to tell us about your vehicle to get started are the year, make, model and mileage. From this information, we get started right away on finding out how much your vehicle is worth and the amount you qualify to borrow.
You should expect to hear from a representative after you submit your application with a completely free title loan estimate and information on how to take the next steps to finalize your title loan. You are under no obligation to accept the loan amount just by filling out the online title loan application. The only thing you will get at this point is free information on what you could potentially borrow for your title loan.
The Regulations in Arizona that You Need to Know About for Title Loans
The Department of Financial Institutions is the government agency that is responsible for licensing and regulating title loan companies.
- The amount of the title loan that you qualify for in Arizona will depend mostly on the value of your car, which is the collateral for the loan. Based on the total amount of your loan, there is a cap on the interest rate that you can be charged.
- For title loans in an amount less than $500, the maximum monthly finance rate under Arizona law is 17 percent.
- For title loans in an amount between $500 and $2,500, the maximum monthly finance rate under Arizona law is 15 percent.
- For title loans in an amount between $2,500 and $5,000, the maximum monthly finance rate under Arizona law is 13 percent.
- For title loans in an amount more than $5,000, the maximum monthly finance rate under Arizona law is 10 percent.
It is important to keep in mind that just because these are the maximum interest rate limits under the law in Arizona, your actual interest rate may be lower than these amounts. That is why it is important to pay close attention the loan amount and the interest rate that you agree to pay when you sign your title loan agreement.
Another important thing to remember about your title loan is that you have pledged your car as security in the event that you do not pay off the entire amount of your loan. What this means is that if you are in default, your vehicle may be repossessed by the title loan company. Before you take out a title loan, you need to be sure that you are able to pay off the loan according to the terms of the loan agreement. As long as you are able to make this happen, then you do not have to give up driving your car while you get the loan paid off.
Reasons Why You Should Apply Online for a Title Loan Quote Today
Drivers in Arizona are taking advantage of title loans because there is simply no risk in going through the application process. The entire application is so fast, that you will get your answer in less than 24 hours about whether you qualify for a title loan and how much you can expect to be able to borrow. There is no cost to go through the application process and receive your title loan estimate. In addition, because you may not have to submit to a credit check for the title loan application online, there is no risk of damaging your credit score by applying for a title loan estimate.
We understand that the entire purpose of title loans is to help out our customers when having access to instant cash can make a real difference in their lives. We do everything in our power to make this happen for you as long as you meet the requirements to apply for a title loan quote. Our customer service team members are extremely helpful, and we make sure that all of your questions about title loans are answered before you take the plunge to apply.
If you are on the fence about whether a title loan could make a real difference in your life, chat with one of our team members to find out just how quick and easy the process of getting cash in your hand can be. Even though you can apply online, we are always happy to speak with you over the phone or in person at our Arizona locations to make sure that you have the information you need to inform your decision about whether to apply for a title loan quote and how the entire process works.
There is no point in waiting any longer to get the cash you need. Contact us to apply for a title loan estimate today.