Auto Title Loan San Bernardino, CA

If tough times have hit and you’ve found yourself in need of money immediately, you may want to consider an auto title loan.  San Bernardino drivers that have clear titles to their vehicles with a wholesale value of at least $5,000 can qualify for this type of loan even if they have very bad credit, because the title serves as collateral.  And unlike pawn shop loans where an item of value is held until the loan is repaid, you can continue driving your car as long as you make the payments agreed upon in the loan contract.

Although it’s always best to avoid getting secured financing if possible, it is good to know that if you ever need a stop-gap arrangement you can get an auto title loan.  San Bernardino lenders may offer short term loans with 30-day repayment terms as well as long term loans that can be paid off over 36 months.  The interest rate on an auto title loan may be slightly higher than with a traditional loan but it is better than other subprime lending options and a very beneficial option for urgent situations.

Even though auto title loans are a great help in times of crisis, it is important to be prudent if you decide to utilize this opportunity.  Failure to pay back the loan in according to the terms agreed upon in the contract may result in repossession of your vehicle and negative points on your credit score.  Paying back the loan responsibly, however, can actually help to improve your credit score so you won’t be in such an urgent situation in the future.  There are many reasons why you might need an auto title loan.  San Bernardino drivers with medical bills, urgent car or home repairs, college tuition and other necessary expenses can take advantage of this financial opportunity to get the cash they need the same day.  And even if you have bad credit you can still get approved.

Find us in San Bernardino, CA.
225 Riverside Ave., Ste 2
Rialto, CA 92376 License#: 603-8564