What Are the Main Benefits of Taking Out a Title Loan in Arizona? | Cash-N-Go Auto Title Loans of Phoenix

What Are the Main Benefits of Taking Out a Title Loan in Arizona?

March 12, 2020

Many of us have been in situations where payday won’t come soon enough, but we need emergency cash now. Life is full of unplanned expenses and unpleasant surprises, but there’s one good way to get money almost instantaneously—taking out a car or truck title loan. Cash-N-Go Auto Title Loans of Phoenix prides itself on offering the best Arizona title loans, and we know you’ll agree. Here are the benefits of taking out a title loan when you need money fast:

  • It’s the fastest and most convenient solution: You could get up to $75,000 in a matter of minutes, depending on the type of vehicle you own. It takes about 10 minutes to fill out the forms, and just a few more to walk away having the financial security you need to meet your expenses.
  • Your vehicle is the collateral: Instead of going through the bank loan process, which requires a look at your credit score, earning power and other financial documents—and which can take weeks—a title loan uses your vehicle as the collateral. If you don’t pay the loan back, your vehicle will be repossessed. As long as you make your payments on time, however, you have nothing to worry about.
  • You don’t need a credit score: If your credit is in the dumps, no need to worry. Because your vehicle is collateral, there’s no need to check your credit, making the process a lot faster and worry-free for most.
  • Lower interest than cash advances: Once again, thanks to using your car as collateral, the interest rates on the best Arizona title loans are a lot lower than taking out a cash advance. That’s because cash advances don’t have the same protection as a loan with collateral, which benefits you.
  • You can still use your car during the loan: Don’t worry—you’re not trading in your car for cash until the loan is paid off. You can still use your vehicle while you’re paying the loan back. Once your loan is paid off, the vehicle is once again yours, free and clear. The only way you’ll lose access to your car is if you don’t make the loan payments.

All in all, title loans are a fast, easy and safe way to get cash when you need it, without subjecting yourself to high interest rates and long approval processes. Put your mind at ease when you get a title loan today.

Get one of the best Arizona title loans

Getting a title loan can give you the quick cash you need for rent, unplanned bills and other emergencies—using your vehicle as collateral, you could be approved for anywhere from $300 to $75,000 in minutes. Cash-N-Go Auto Title Loans of Phoenix knows that needing emergency cash is hard enough, so our specialists have streamlined the process to make it as easy as possible—and we’ll work with you to make sure your loan terms are ones that you can afford. Call or stop by today to get started.

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