Posts Tagged ‘No Credit Check’

Why worry about Cash when you can get approval on Car Title Loans

A car is a magical treasure. If you have one, you can easily use it to cover other expenses. Sounds implausible? It’s a reality with car title loans. This amazing auto financing program provides you ready cash without taking your car away from you. You can fix the home or spend the money on your dream wedding. The lender won’t be concerned about the way of your spending. Sounds great, isn’t it? Well, let’s understand title loans so that you can begin the process of opting it.

Car Title Loans – Benefit of Car and Cash

A title loan is simply a collateral loan. The lender gives you money on the basis of the value of your car. You just need to submit your title to him. Once you pay off the loan, the lender will give you the title after removing lien. It’s better than auto pawn loans which make it compulsory to pawn your vehicle. With these loans, you don’t need to keep your car with the lender.

You can drive it wherever you want, whenever you desire!

Generally, a car title loan is available for a small amount of money and for a shorter period of time. But, don’t worry if you cannot repay the loan at the end of loan period. You can simply roll over the remaining amount into a new loan.

The best thing about it is that the lender won’t ask for your credit score. So, don’t worry if you have bad credit or bankruptcy in past. You can definitely fulfill your immediate financial requirements without taking tension of your credit history.

What is the process of Car Title Loans?

Auto title loans are simple and do not require you to take any painstaking measure. You just need to fill loan application form. Once you meet the simple approval criteria, the lender will ascertain the market value of your car. Most lenders use Kelley Blue Book value and offer loans in the range of 30% to 50% of the car’s worth.

Criteria for getting a Car Title Loan

Although requirements vary from one lender to another, few criteria remain common. If you fulfill the below mentioned requirements, almost any lender will approve your loan application.

1. You shouldn’t owe any amount on the car.
2. The title must be clear when you present it to the lender.
3. The car should not be older than 1999.
4. The car should be driven for less than 150,000 miles.
5. You will have to provide the lender with the copies of Driver’s License and your recent pay stubs. If you are self-employed, monthly statements of last 3 months are required.

When you are approved for the loan, the lender will simply write you check. No credit check, no stressful talks, just quick results, that’s what car title loans offer!

It’s time to keep your car while getting cash for it!

Be the first to comment - What do you think?  Posted by cartitleloans - June 25, 2013 at 10:45 am

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Military Car Loans- Lesser Interest, More Benefits

Every man wonders if he has created a distinct place for himself in this world. But the military personnel shouldn’t think of it. You all have already made a difference.

Freedom isn’t free. Our nation will remain free as long as we have heroic people like you. The entire nation applauds your efforts and courage. You stay out of homes so that we can be safe in our homes.

While you are away, you want to fulfill all the needs of your family. A car is one of them. With growing distance between work and home, a car has become indispensable in every household. It is an expensive necessity. So, an auto loan has become essential these days.

Don’t worry about higher interest rates, high processing time and complicated loan terms. You can easily buy your car with the help of military car loans. You will get several benefits with it.

Lower Interest Rates and Charges

These loans are often available at lower interest. The reason is your job and income stability. The lender is assured of regular future payments and so has greater faith in you. This translates into more benefits which are as follows:

>> Longer duration to pay off your loan

>> 100 % financing of your car

>> Less charges for tax, licensing, etc. and lower origination/activation fees

Loan without Collateral

The lender won’t ask for any collateral so you don’t have to worry about pledging your assets. You get a loan without any burden.

Does Not Require U.S. Domicile

Typical auto loans will require you to have a permanent place of residence. This is just impossible for you. But with military auto loans, you can get finance regardless of your deployment location.

No Pre-Payment Penalty

Lenders won’t mind if you decide to pay off your loan early and hence, won’t penalize you for the same. But, it is essential that you check the pre-payment penalty clause before taking any steps. Better to be safe than sorry, isn’t it?

Car Financing for Bad Credit or Low Credit Scores Available

The qualifying credit score is lower than the usual credit score requirement for civilians. Lenders do understand that your life-style and needs are different than other people. It is absolutely unjust to judge you on the same platform. And so your credit score is of less importance. Your income stability also plays an important part here.

Flexible options

Missing a payment is an absolute sin.

But you are in military and overseas deployment is a reality for you. It will obviously become difficult to make payments during that time. In this scenario, the lenders will offer you to postpone the payment. You can delay it even when you are in some financial difficulty. This flexibility is not available to others.

You also have the option of giving the Power of Attorney to someone trustworthy. By doing so, he/she can take decisions on your behalf and also make your loan payments.

After knowing all the benefits, you must be eager to know the criteria for availing military auto loans.

CRITERIA

Active Duty Military Personnel

To avail the auto loan, you should be actively serving in the military. You can get loan even if you have recently joined the Armed Forces.

The lender may ask for your latest Leave and Earnings Statement which has all the monthly details of your pay and leave status.

Don’t fret if you are a veteran, you can avail a loan under Veteran Military Loans at lower rates.

Contact details

You will have to provide your contact details. Do remember to inform the lender of your current deployment and ensure that he is aware of change in location, if any.

You will be required to give the following details:

>> Address where you are stationed

>> Personal Contact Information- address, cell phone number and e-mail ID

>> Social Security Number(SSN)

Credit Score

Your credit score will determine you credit worthiness. The lenders will pull out your credit score to ensure that you have a good credit. You will be able to avail loan even if you have a low score.

There are few lenders who offer No Credit Check Military Auto Loans. This is particularly useful when you have a bad credit score.

How can you pay for the loan?

You have several options of making payments. A few are listed below:

>> Direct Military allotment so that your regular payment is done without any disruption

>> Credit card or checks

>> Cash

The requirements for military auto loans are quite few. They are very easy to obtain.

And now with the advent of internet, it has become easier. Several companies will provide you easy car loans just at the click of a button. So do a thorough research of these companies and don’t forget to compare the quotes provided by them.

Get online and get an instant auto loan to buy a car of your own with the help of RapidCarLoans.net . We are dedicated in providing affordable car loans. One click and you can avail car loans at low interest rates. Visit our website(www.rapidcarloans.net) to know more.

Be the first to comment - What do you think?  Posted by carloantypes - September 5, 2011 at 4:21 am

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Used Car Loans Online

Mainly young people and limited wage earner face difficulty in buying a new car for the reason sky rocketing prices of new cars. So they do not want to use their whole savings to buy just one high prized car. At such circumstances used car loan is best option for purchasing a used car. Because now a days used cars are as attractive as the new ones and so you can get used car loans at very competitive rates as the cars seized from defaulters are as good as new. There are many such used cars to be found that are just a year or two old. These cars possess more or less the same features as a new car. The various types of used car loan which can be found in the market are mentioned below.

Generally there are two types of used car loans one is secured and another is unsecured. In a secured used car loans you can get competitive interest rates. And any type of asset or bank paper containing certain value can be used as collateral for the used vehicle loan amounts. You can use the vehicle itself as collateral for a used vehicle financing. In secured car finance you can borrow up to the amount of equity in collateral.

Another is an unsecured used vehicle loan which is generally targeted for all those who are not willing to place collateral. An unsecured used vehicle loans carry’s no risk to assets since assets are not involved. The factors like your credit score, credit history, financial situation, employment proofs and income proof are taken into consideration when determining the interest rate of a unsecured used vehicle loan. Many lenders offer low interest rate used car loans. Regardless of your credit history, you can get approved for a low interest auto loan as the financing based on your qualifications. As the online lenders have thousands of lenders in their network, so that gives you an opportunity to compare lenders deals which will helps you to find the best rates. Thus you can also select terms that give you the most favorable loan financing.

It’s a well known fact, that person with a good credit score is always offered with a great offer and competitive rates. But now a days lender also offer bad credit car loans with the best rates on used car to individuals with poor credit. Unlike dealerships that offer excessive rates, the online lenders have a reputation for approving loans with fair rates. The objective is not to make profit out off someone’s misfortune, rather to help people to buy their dream car. Pre-approved used car loan is one of the best options to get you the best deal on a used car loan by getting your finance deal done before you buy a car. Pre-approved loans gives you the most options on deciding how much you want to borrow and what rates to accept. Thus it gives you an edge when buying a car.

Another concept which is more popular among the auto loans field is refinancing. People end up getting high interest rate when they have bad credit but when their credit gets improved, they still end up paying high rates. At times refinancing used cars can get car credit at low rate. Refinancing used car loans can immediately put an end to your monetary troubles that come with high interest car loans. Through used car loan refinancing, you would able to obtain a new loan including a lower rate of interest, in place of your current high interest rate loan.

Used car loans are very easy to get online by comparing various car loan quotes. Comparing online car loans facilitate in obtaining the best auto loan in the market. So, don’t wait and go get yourself a used vehicle loan to get you the car of your dreams.

Be the first to comment - What do you think?  Posted by rapidcarloans - June 23, 2010 at 10:27 am

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