Title Loans With Fast Approval In Flagstaff, AZ
Northern Arizona is a large part of the state, but finding a local lender that offers car title loans can be challenging. Your best bet to cash out equity from your vehicle is to apply with Desert Title Loans and finish the inspection and lien transfer at a direct lending location in Flagstaff. You can keep driving the car while the loan is repaid, but the lender holds the pink slip as security for the loan.
Are you leery of using your car as security for a loan? Other than a title loan, you may want to consider a vehicle registration loan if you live in Flagstaff. With this type of loan, you use your car's registration as security for a loan of up to $1,000. You don't need a lien-free vehicle as collateral, and the lender doesn't require the car's title as security. Get your updated registration info at the Flagstaff ADOT location and qualify for a vehicle registration loan with Desert Title Loans today!
While most customers apply for a title loan online or by calling 623-526-5001, some applicants prefer to apply for a loan in person. As of 2022, Desert Title Loans offers in-person approval for anyone in Coconino County. Feel free to stop by our Eastside Flagstaff office anytime during regular business hours to get cash for the equity in your car or truck. We'll process your application in 30 minutes or less and can inspect your vehicle on-site. During the inspection, we'll verify the car is mechanically sound and confirm its current resale value. We'll also check the VIN and current mileage and confirm that your vehicle has recently passed a smog check.
Our Location In Flagstaff:
2501 N Fourth St, FL 1, Ste. 18-B
Flagstaff, AZ 86004
What's Required For A Title Loan in Flagstaff
The requirements for an auto title loan in Flagstaff are simple. You primarily need a vehicle that's titled in your name and some form of income verification to qualify. Your car should be 2012 or newer, and you can qualify if it has less than 150,000 miles. You can provide proof of employment, bank statements, or a Social Security benefit verification letter to verify income. Other requirements can include proof of vehicle insurance and registration, and some lenders may request that you add a GPS tracking device to your vehicle.
A lender may send a notary to have you sign the paperwork and collect the pink slip as collateral, and this is especially helpful in Flagstaff, where many areas are rural and hard to reach. Title loan companies in Flagstaff, Williams, or Prescott can send your cash through direct deposit within one business day. Do you need same day cash for your title loan? Some Arizona lenders offer cash in hand after you complete the inspection and sign over your car's title! That means you can apply for a title loan, finish the underwriting, and get your funds in just a matter of hours from a title loan company in Flagstaff! Don't hesitate to call Desert Title Loans at 623-526-5001 during regular business hours, and we'll get you started on the application process!
Car Title Loans in Flagstaff With Bad Credit
Getting an unsecured loan can be tricky if you have a bad credit history. Even if you get approved, your loan amount will likely be limited to less than $1,000. That's because a personal loan uses your credit history as one of the primary underwriting requirements, and there is no security backing up the loan.
With a bad credit title loan, your car is collateral for the lender, and they're more confident in offering higher loan amounts with minimal emphasis on your FICO score. Fortunately, there are options for those with poor credit in Arizona, and Desert Title Loans is a leading provider of title loans to people with bad credit in Flagstaff. Check out our tips below for help in getting a cash loan in Flagstaff with bad credit scores:
1. Consider a car title loan as an alternative to payday advances: Payday loans are designed for borrowers with bad FICO scores who don't qualify for traditional loans. The APR on these types of loans is high, but they can be a good option when facing a financial emergency, and you can borrow more money with a title loan in Flagstaff. Loan amounts on title loans in Flagstaff range from $1,000 to $20,000; your final funding amount depends on how much equity your car or truck has. You can also look into a registration loan of $300 to $2,000 that doesn't require collateral in the form of a vehicle.
2. Look at your vehicle's equity: Title loans use your car as collateral, and lenders will offer 40-50% of the car's value as a loan. Title loan companies often won't check your credit score as they are primarily interested in how much your vehicle is worth.
3. You can refinance a title loan even with poor credit. Contact Desert Title Loans at 623-526-5001 to see how much we can reduce your interest rate on an existing car title loan. Refinancing can help anyone in Flagstaff dealing with a high-interest title loan. There's a good chance we can lower your monthly payment and get you a quicker payoff term. All it takes is 30 minutes to see how much you can save!
The Interest Rates With Flagstaff Title Loans
The rates for title loans in Flagstaff are based on your vehicle's resale value and monthly income. With any car title loan, you should expect an APR of 30% or higher, and some companies will charge upwards of 120%!
The interest rate on title loans is typically much higher than what you would get with an unsecured loan That's because these aren't traditional loans that rely on your credit score to qualify. However, the amount borrowed is often secured by your car, and that's why a lender is more willing to offer higher loan amounts without a credit check. As a result, the APR may be lower than what you would pay for an unsecured loan with bad credit.
Title Loans Without A Pink Slip In Flagstaff
Are you looking to borrow $1,000 or more with a Flagstaff title loan but don't have the pink slip for your car? Maybe you still owe your original lender or recently took out a title loan from another company in Arizona. In situations like this, Desert Title Loans may be able to help. While most lenders require a pink slip as collateral, there are some ways to get approved if you still owe another lender or title loan company. If you're still making payments on your original car loan, we can roll that amount into your balance. If you already have a title loan, we can pay off your original lender and get you new repayment terms. We need to know your current lending terms and how much you still owe. Contact Desert Title Loans in Flagstaff at 623-526-5001 to determine if you qualify for a title loan without a pink slip!
Apply With Desert Title Loans In Flagstaff
Are you ready to see how much money you can get with your car's equity? Apply online with Desert Title Loans, call 623-526-5001, or visit our location in East Flagstaff to start your application!
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