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What is an Auto Title Loan?

Auto title loans are a way to raise money quickly, and they’re simply the best way to get cash if you’ve got bad credit, or are in an extreme hurry.

The best benefits to auto title loans are that they’re easy to qualify for (even if you have poor credit), available to basically everybody who owns their car outright (as long as it’s worth enough money), and extremely fast (typically able to raise thousands of dollars in mere hours).

But the best part about getting an auto title loan is that it’s so simple and easy to do. There are only three steps to the applications process:

  • You apply for a loan, via online forms, by calling in, or by showing up in person at the lender’s location
  • You submit a few required documents (your car’s title, a paystub to verify income, etc.)
  • You get the cash you requested

It’s easy to get money with an auto title loan, and while using your car as collateral for a loan may sound like a dangerous risk, it won’t be a problem as long as you make your monthly payments on time.

Plus, by choosing to use your car as collateral for a secured loan, you’ll ensure that you’re getting to borrow money at a cheaper interest rate.

Auto title loans are better than competing types of short term loans (especially unsecured payday loans!) because:

  • You pay lower interest rates – by using your car as collateral, lenders are likely to allow you to lock in a lower interest rate
  • You get to borrow more money – with your car securing the loan, you’ll be able to raise up to tens of thousands of dollars (depending on your car’s value)
  • You can pay the loan off incrementally – instead of having to pay everything back all at once (like with a payday loan), you’ll have plenty of time to pay back your debt
  • Even if you have bad credit, you won’t have to worry, because auto title loans are one of the best lending opportunities for people with poor credit.

At City Loan, we can help almost anyone get the money they want today. We won’t make you leave your car with us or at home in your garage, and we won’t even limit your mileage in any way.

In fact, as long as you continue to make your monthly payments on time, we won’t place a single restriction on the use of your vehicle.
 

How Do Auto Title Loans Work?

Auto title loans are an excellent way to borrow money because they’re so simple. The way they work is that you trade temporary possession of your vehicle’s title for a cash loan.

The amount of money you can borrow is limited by the value of your car, so as long as your vehicle is valuable enough, you should be able to borrow plenty of money to cover whatever expenses you’re facing.

The convenience of auto title loans doesn’t end there either, because unlike some other alternative forms of lending, these loans are far easier to pay back on time. All you’ll need to do is issue small, incremental monthly payments (or based on whatever schedule your lender and you agree to), until you’ve fully paid off the debt.

After you’ve paid off your debt and the borrowing costs, the title loan company will return your vehicle’s title to your name.

City Loan Long Beach makes this process as streamlined as possible, which is why our entire applications, funding and repayment process can be explained in just four simple steps:

  1. We take temporary possession of your car’s title (pink slip)
  2. You get a cash loan based on the value of your vehicle
  3. You start making small monthly payments to pay back your debt
  4. We give your title back after the loan and borrowing costs are repaid in full

There’s no simpler way to raise lots of money quickly!

With an auto title loan from City Loan, you will continue to be able to drive your vehicle however, whenever and wherever you like. Unlike some of our competitors, we will not place any restrictions on how you use your vehicle (unless you start missing monthly payments).

There’s no faster, safer or more affordable way to raise thousands of dollars so quickly. If you need money today, please call City Loan now.
 

Advantages of Auto Title Loans

Auto title loans come with a few major advantages compared to other popular forms of short-term loans.

If you’re considering taking out a different type of short term loan, here are a few good reasons why you should forget about it and get an auto title loan instead:

  • Auto title loans are fast, easy and streamlined, allowing you to get the money you want within mere minutes of completing your application
  • Auto title loans are a great way for people with poor credit to borrow money, because lenders only rarely deny people from a loan due to their credit history
  • Auto title loans are one of the fastest ways to borrow a lot of money without having to wait a long time to get it – most loans are disbursed the same day
  • Auto title loans let you use your car as collateral, without having to sacrifice using it – for those who can’t afford to stop driving their vehicle’s, they won’t have to worry

One thing worth pointing out is that auto title loan companies all operate in different ways. While one company may offer you a great deal, another may be looking to fleece you for money.

Some lenders can provide much better benefits than others, either with lower interest rates, better repayment terms, or larger loan amounts.

To make sure that you get the best deal possible on your auto title loan, make sure you call City Loan!
 

Auto Title Loans For People with Poor Credit

People with poor credit may still be able to get help here at City Loan Long Beach. We’re proud to have earned our reputation for being the best lenders for people with poor credit.

Even if other companies have already told you “No”, we may still be able to help.

Whether your credit history is perfect, or looks like a disaster, please call us now because we may still be able to get you the cash you want today.
 

Auto Title Loans vs. the Alternatives

If you’ve run into a financial shortfall before, then you are probably already aware of the many available opportunities for raising money quickly.

Below you’ll find a comparison between City Loan’s excellent auto title loans, and some other popular forms of short-term financing:

Auto Title Loans vs. Auto Pawn Loans

These two forms of short-term financing may sound identical, but they’re not!

There’s one major difference between getting an auto title loan from City Loan, or an auto pawn loan from one of our competitors: many of our competitors will require you to leave your vehicle at their shop until you’ve fully paid off your loan – we won’t require you to do anything of the sort!

Why sacrifice the use of and access to your vehicle when you simply don’t need to? For most Americans, auto title loans are a much more convenient opportunity when compared to auto pawn loans. Make sure you choose your money-raising method wisely.

Auto Title Loans vs. Payday Loans

Payday loans may be the most popular form of short-term loans for people with poor credit, but they’ve also been banned in at least 14 states, labeled a dangerous form of “predatory lending” by many media stories, and their value pales in comparison when measured up against auto title loans.

Here are a few reasons you should think twice before taking out a payday loan:

  • Payday loans require that you prove you receive a steady, stable income. If you’re getting paid under the table, or you’re currently out of work, then you may not qualify for a payday loan.
  • Payday loans don’t offer much money, as their value is typically limited by however much you’re set to be paid with your next pay check. If you need to raise lots of money quickly, then payday loans aren’t likely to be of much use to you.
  • Payday loans must be paid off all at once on the date of your next paycheck, making them extremely inconvenient. If you’re already having financial trouble, what are the odds that you could sort it all out in the next 2 weeks?
  • Payday loans often come with a variety of hidden fees, added costs and the potential for driving you into inescapable debt. Miss your loan payment, and you’ll be hit with all sorts of fees, penalties and other expensive costs which could significantly increase your expenses.

 

Virtually everyone is better off getting an auto title loan from City Loan instead of a payday loan from a competing lender.

Call City Loan today to get the cash you want within hours!

Auto Title Loans vs. Credit Card Cash Advances

Credit card cash advances are another popular form of short-term lending, far safer, more convenient and more private that payday loans, but this form of short-term lending has a few problems of its own:

  • Credit card cash advances usually only provide a few hundred to several hundred dollars, since they’re limited by whatever amount of credit you have left before reaching your limit
  • Credit card cash advances typically require having a good credit score (unless you want to pay astronomical interest)
  • Credit card cash advances are only available to people who have credit cards

None of these drawbacks apply to auto title loans from City Loan, which are capable of raising tens of thousands of dollars the same day they’re requested!

Why take out a tiny credit card cash advance when you can qualify for a big auto title loan from City Loan?

Auto Title Loans vs. Traditional Bank Loans

Anyone who can get a traditional bank loan probably should take one out, because they’re one of the best ways to raise money.

The problem with bank loans is that they’re slow, only available to a small portion of the population, and typically restricted to being spent on particular projects:

  • Bank loans can take weeks (or even months) to get approved and disbursed – anyone in a hurry to raise cash won’t want to go to the bank
  • Bank loans are only available to people with outstanding credit scores (many people think you need at least a 620 credit score to even be considered for a bank loan)
  • Bank loans often have to be spent on certain expenses, like purchasing a new house, a new car, or starting or investing in a business

 

Compared to bank loans, auto title loans are a breeze! They’re fast (typically distributed within minutes of the completed application), available to basically everyone who owns a car, often available even to people with poor credit, and eligible to be spent on whatever you want.
 

Tips For New Borrowers

Is this your first time taking out an auto title loan? Here’s a few tips that could help streamline the process:

  1. Make sure that your car has a clear title, as this will be required to get your loan - if your name isn’t on the title, then you won’t be able to use it to get a loan.
  2. Make sure that your vehicle is worth more than you owe – since lenders use the equity you’ve built up in your vehicle as collateral for their loan, you’ll want to have a car that’s worth more than you still owe on it.
  3. Make sure that your car is worth at least a couple thousand dollars – if you’re driving a junked out, rusting hulk of a car, then no reliable lender is going to let you use it to secure their auto title loan
  4. Make sure that you can pay your loan back on time – if you fail to make your payments, you could stand to have your car repossessed

 

Following the tips above will help protect you from making any big mistakes.
 

Contact City Loan Long Beach Today

City Loan has the best auto title loans in the business, and we’re ready to get you the financial help you need right now.

Whether you have great credit, terrible credit or no credit score at all, we may still be able to get you the cash you want today.Call us right now to find out why everyone considers us to the best provider of loans for people with bad credit. Even if other lenders have already told you “No”, we may still be able to help.
 

Find a City Loan Near You!

City Loan has a service area that spans several states and chances are there's one near you! We offer the best car title loans in UtahCaliforniaArizonaMissouriNew MexicoTexas and South Carolina, and we’re ready to help you today! 

Are you located in the Long Beach area? Perfect!

Our main location is located in the heart of Long Beach. You can find us here:

Address: 
3431 Cherry Ave,
Long Beach, CA 90807


What are you waiting for? Get your own fast, easy and convenient auto title loan today by calling City Loan at 1-888-238-9085.