Do Car Title Loans Help or Hurt?

Do Car Title Loans Help or Hurt?

Car Title Loans

Do you need immediate financial assistance to pay up your bills?
You want to involve in a new business?
What is that financial situation that you want to conquer?
And you are scared of securing alone?

The answer to the above questions is with you. All that you need to erase those questions from your mind is just your car title. Yes it is easy and simple to get loan at TFC title loans with your car title without stress.

Selling one’s property could be a great mistake. Although, in daily life, everyone has several reasons to be in need of cash either for new business or for progressive business or for any other financial circumstances. Numerous people would prefer to trade their asset or beneficial property to resolve the financial debt or issue with the belief that after trading the assets they will be very free of debt or are able to get extra cash to settle the financial crisis due to the fear or stress of obtaining a mortgage from local banks. The weakness of selling an asset is that after eliminating the financial dilemma one can still have one or more debt to clear or struggling on how to replace the asset that was disposed. Furthermore, due to financial challenge selling an asset may not bring back a desired amount of money or result because of the changes in the value of some property. Instead of selling your possessions, TFC Title Loans provide to you a highly effective opportunity, which is certainly the most convenient way to secure a stress free loan with your car title.

You may be wondering that what is a car title loan and how does it work?

Car title loan is a kind of loan that makes it easier for borrower to get loan online with their car title loan as the collateral. The auto title is a loan with a small amount of money and payment is in a short time. Their interest rate is high and if you are unable to get back to the lender, you can lose your car.

However a car title loan is better than bank loan. Banks loans are really unsecured personal loans, which mean there is no collateral to guarantee repayment. Banks give approval largely based upon your personal credit scores. The banks carry this out simply because customers with better credit scores are considered a lesser risk, so they decide to lend to them. One of the attribute that make a car title loan better than banks is that the car title loan application does not delay at all. When it comes to applying for a loan in bank you need to go to the bank the loan application, you do not need to leave the house to complete a car loan application online! Online loan providers are always available to attend to you.

If you have a clean title of a car that is in your name and that has been fully paid for, then you qualify for a car title loan. The best thing about TFC car title loans is that it keeps possession of your vehicle for the life of the loan. After you finish paying the loan, the title will be returned to you. Find the lowest interest rates, and find the most flexible payment terms in our company. We offer long and short-term loans. You can have 12 to 36 months to pay.

The only point that people hold against car title loan providers is repossession of the car used for collateral and the only way a borrower can lose his car could be when he does not complete his payments. Losing a car because of non-payment of a loan is one of the reasons why it is important to repay the loan. In repayment of the loan, our company allows the client to choose the due date. In this way, you can meet your payment requirements. It would also be easier for you to repay the loan.

Therefore, to make the record straight, car loans are good financial choices for people. As with other financial institutions, interest rates are imposed on such loans but are in strict compliance with laws. The government recognizes the car title loans, legally and safely. They provide a quick solution to your problems during the financial crisis. If you need financial assistance and you are looking for the quickest and most convenient way, TFC Title Loans is available for you.

Car Title Loans: Pros and Cons Before you decide to take a loan, it is very useful to analyze the pros and cons of the car title loan. Learn about your financial investments before making a decision, is a great financial success. The borrower must consider his options before making a decision.

Pros of car title loan: Bad credit is accepted and even no credit is accepted. The borrower has to show the ability to repay the loan. Credit score does not hurt the process of getting a title loan.

Same day funding: Some title lenders can do same day funding, the client can get approved over the phone or on line and schedule an appointment at a local office and get their emergency money.

There are no pre payment penalties. The loan can be paid off at any time.

Car title loan is fast and easy to get: when you apply for a loan you get your money within 24hours after the verification of your collateral.

You can get loan without leaving your house: the online registration make it easy for borrower to apply for any type of loan they want indoor.

The value of your car: the amount you get depends on the value of your car.

No down payment charges: online car title loan give borrowers direct opportunity. This means that borrowers have access to work directly with the lender, instead of working through an intermediary to find financing.

We cannot do without discussing the disadvantages of car title loan. Frankly, we all know that financial decisions are not 100% perfect. Let’s clear out some major cons of car title loan.

Cons of a car title loan

Repossession of car: If at the end of the loan repayment process, the borrower cannot make payment and the company has been very lenient with the prolongation of several loans. The company can legally secure the borrower's vehicle title. This means that the company will own the vehicle. The company can either sell or collect the vehicle

Higher interest payments: Because of a higher risk for online loan providers, when giving money to a borrower with a lower credit score, higher interest rates need to be required to correspond with the higher risks. This means that you are likely to pay interest rates for more loans.

Shorter Loan Terms: A good number of auto title loans out there include shorter loan terms and reimbursement schedules when compared to many other loans. A few loan providers will require that payments be made in only a few months.

The following attributes distinguish TFC Title Loans from other online loan provider:

Uncomplicated Application: Applying through the internet will subsequently take you a short time. We build the process as simple as possible to help you get the money you want as quickly as is possible.

At TFC Title Loans, you get money fast: We provide quick and easy borrowers with suitable refund options. Our loan is fully open and can be paid at any time. This means that when you make money, you can pay it and pay only on time spent for interest.

Credit score is not important: Loan approval is dictated by the valuation on your car and your ability to eliminate the loan, so your credit score is not important as much with a car title loan. We have permitted people with all kinds of credit over the years.

With TFC Title Loans, you can get up to $ 5000k in just 24 hours. The amount of your loan depends on the value of your vehicle according to the "Blue Book." After submitting the application form, a financial expert works closely with you to find the loan on the title that is perfect for your needs. There is no obligation and the consultation is free.

Your title loan cash will be paid direct into your bank account: paying the money directly into your bank account makes it easier, faster and convenient for you to meet your urgent financial needs.

Competitive Interest Rates: We put together each loan's rate to your unique situation. Even though title loans are known to have relatively high interest, we do everything we can to keep our rates competitive. All we want is your convenience.
Standard Customer Service: At TFC Title Loans, we value your communication with us; we are available anytime to pick your calls. If there is any problem, just give us a call and we will be ready to communicate with you. We will also give you a better option instead of repossessing you car.

Keep your car with you: when you apply for a car title loan at TFC Title Loans you still own your car, this means that your usual daily routine is unaffected and you can continue to use your car as usual. This cannot be possible in the act of selling your assets because you only end up having the money that you need, but eventually, you lose a valuable item. It may take some time to replace this property, and you have to go for a certain amount of time without it. Selling such property as a car may prove to be very difficult to reach the necessary needs. Additionally, extra costs, such as taxes and safety certification, will be redeemed. That is why the title of a car loan may be your best option because you can get quick cash and you can use your car further.

Feel free to get more: the primary advantage of applying for a car loan at TFC Title Loans is that once you pay your initial loan, you may apply for another loan at any time you need quick money. It gives you peace of mind knowing that every time you go through some financial difficulties, you have a way to get fast financing.

Our payment option
You have access to three payment options: in person, through an online system or through an automatic payment system. If you opt for an automatic plan, you will have to authorize TFC Title Loans to debit regular payments directly from your bank account or debit card on the due date of each payment. Providers cannot make recurring automatic debits unless you agree in advance to make these transfers from your bank account - and they can do so only after giving you a clear information statement about the terms of the transaction. The lender must give you a copy of your authorization for recurring automatic debits. In addition, it is illegal for a company to require credit to be repaid through pre-authorized automatic transfers.

A car title loan
Although few out of our attribute has been listed above but if you need reason to trust us. We have set the pace over the years by helping our customers to be free from debt and to achieve their dream. At TFC title loans, we give our customers the privilege to secure loan, with their car title without taking away the car from them. Enlightening them on the different packages of our loan that can be suitable to their financial situation, giving out loan without over questioning you on what you need it for and TFC title loans also grant you the privilege to choose repayment method and duration.

We are not telling you that car title loan is the best solution to your financial situation but we have confidence that car title loan is the right solution to your financial situation. Especially, At TFC Title Loans we bring the solution that you need to your world. Do not hesitate to join us, as we are available to work with you, because At TFC Title Loans our focus is to see you at the top. Once again, our car title loans are specially made for your conveniences and they are the best that you need to reach your dream!

Popular Right Now

Sorry Not Sorry, My Parents Paid For My Coachella Trip

No haters are going to bring me down.

With Coachella officially over, lives can go back to normal and we can all relive Beyonce’s performance online for years to come. Or, if you were like me and actually there, you can replay the experience in your mind for the rest of your life, holding dear to the memories of an epic weekend and a cultural experience like no other on the planet.

And I want to be clear about the Beyonce show: it really was that good.

But with any big event beloved by many, there will always be the haters on the other side. The #nochella’s, the haters of all things ‘Chella fashion. And let me just say this, the flower headbands aren’t cultural appropriation, they’re simply items of clothing used to express the stylistic tendency of a fashion-forward event.

Because yes, the music, and sure, the art, but so much of what Coachella is, really, is about the fashion and what you and your friends are wearing. It's supposed to be fun, not political! Anyway, back to the main point of this.

One of the biggest things people love to hate on about Coachella is the fact that many of the attendees have their tickets bought for them by their parents.

Sorry? It’s not my fault that my parents have enough money to buy their daughter and her friends the gift of going to one of the most amazing melting pots of all things weird and beautiful. It’s not my fault about your life, and it’s none of your business about mine.

All my life, I’ve dealt with people commenting on me, mostly liking, but there are always a few that seem upset about the way I live my life.

One time, I was riding my dolphin out in Turks and Cacaos, (“riding” is the act of holding onto their fin as they swim and you sort of glide next to them. It’s a beautiful, transformative experience between human and animal and I really think, when I looked in my dolphin’s eye, that we made a connection that will last forever) and someone I knew threw shade my way for getting to do it.

Don’t make me be the bad guy.

I felt shame for years after my 16th birthday, where my parents got me an Escalade. People at school made fun of me (especially after I drove into a ditch...oops!) and said I didn’t deserve the things I got in life.

I can think of a lot of people who probably don't deserve the things in life that they get, but you don't hear me hating on them (that's why we vote, people). Well, I’m sick of being made to feel guilty about the luxuries I’m given, because they’ve made me who I am, and I love me.

I’m a good person.

I’m not going to let the Coachella haters bring me down anymore. Did my parents buy my ticket and VIP housing? Yes. Am I sorry about that? Absolutely not.

Sorry, not sorry!

Cover Image Credit: Kaycie Allen

Related Content

Connect with a generation
of new voices.

We are students, thinkers, influencers, and communities sharing our ideas with the world. Join our platform to create and discover content that actually matters to you.

Learn more Start Creating

10 Things Every College Girl Should Know In Order To Slay Her Next Interview

1. When the employer asks if you have any questions, ALWAYS ask one.

With summer coming up and a ton of college kids scrambling to find last minute jobs and internships, I thought it would be fun to make a list of things that have helped me land some pretty cool jobs and internships in the past couple years.

Whether you are going to an interview in person, you have one scheduled over the phone, or anything in between, interviews are a “make it or break it” for every job.

After countless interviews personally, being on the employer side for interviews as EIC for Odyssey, and lots of advice...I have found these tips to help me nail every interview.

1. When the employer asks if you have any questions, ALWAYS ask one.

This is one that I have just recently been paying more attention to, and man does it makes a difference. As you may have caught on by now, after very interview the employer always asks, "Do you have any questions?". NEVER SAY NO! If you don't ask any questions the employer may think that you aren't interested/don't want to learn more about the company, even if that isn't the case.

2. Don’t look around.

In an interview, and also just in life in general, making eye contact while talking to someone is so critical. Not making eye contact during an interview will make the employer feel like you are uninterested or uncomfortable.

3. Stay confident (even if you totally aren’t).

Confidence is key in any interview. When you are confident you are not only more comfortable and relaxed, but also more attentive and willing to talk. Even if you aren't the most confident person, you just gotta 'fake it till ya make it' and go into the interview with killer confidence.

4. Assure the employer that you 100% want the job.

Make the employer think that this job is your DREAM job. Even if it is just a part time job at a fast food place to make some extra cash, you want to showcase yourself like this job is what you have been dreaming of your whole life. If you look iffy about wanting the job, the employer will give your spot to someone else who wants it more.

5. Look the part.

This one might be a no-brainer, but when you go to an interview be sure to dress accordingly. Obviously you always want to look presentable, clean, and well dressed, but also you want to "look the part". By that, I mean if you are going to an interview for something like a teen fashion magazine for example, look trendy and colorful.

6. Have a good attitude and mindset.

Attitude is everything, and a good employer can recognize a good attitude vs. a bad attitude the second you walk in the door. You can't go into an interview with a bad attitude and the mindset that you aren't going to get the job...or else you really won't get it. Even if you are having the worst day ever, you got to walk in like it is your best.

7. Hype yourself up, but keep it relevant.

When getting interviewed they will ask you a lot about yourself. Obviously throughout our lives we do a ton of stuff, so when they ask you what you've done, instead of going on and on about every single thing you've done, focus on your best few things and go into detail on those.

8. Research the company prior to the interview.

Make sure before you go to your interview that you know the background and basics of the company and position you are applying for. You want to be educated on the company so that there are no surprises when you walk into the interview. Also, the employer will be appreciative that you did some extra research before walking in the door.

9. Thank the employer after the interview and follow up.

It is so important to thank the employer when your interview is done to thank them for taking the time out of their day to meet with you. They will appreciate it so much! Also, sending a short email after the interview following up will make you look professional and even more interested in the position.

10. SMILE!

Job interviews can be scary, but don't freak out and be a robot throughout the entire interview. Smile a little and be authentic! The employer will be happy to see it.


Cover Image Credit: Unsplash

Related Content

Facebook Comments