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Aren’t title loan interest rates considered high?

So many people are trapped with this question and most times we receive a lot of such questions on a daily basis, so many people are not aware of the interest rate that we offer, they have been brainwashed into believing that car title loan have a high interest rate which is not true.

Cash advances are not a new concept in America’s brand of capitalism.

Many people have seen the commercials with some guy barking out, “Bad credit, no credit, and no problem!” Or, “Don’t worry about credit, I own the bank!”

Anytime some guy is telling you he owns the bank, run.

Even though these lenders have been around for a while, signing your car over for a high-interest loan has become a serious financial issue.

For those of you who are unfamiliar with the concept of car title loans, allow us to explain.

At times, the best of us get strapped for cash; we may have no credit or bad credit (just like they say in the commercials), which keeps us from getting small loans from a bank or some other more traditional means.

A title loan offers you cash from the lender, in return you sign over the title of your paid-for car to secure the loan.

Typically, these loans are due back in full 30 days later. There’s no credit check and only minimal income verification.

It sounds pretty straightforward, but borrowing from these places can lead to a repossession of your car and a whole lot of financial trouble as someone said, but that is not the truth with Car Title loan California, we are different from others and we don’t have high interest rate as most other companies do and we won’t take ownership of your car.

While some title lenders do charge high interest rates, Car Title Loan California charges very competitive interest rates, and will develop a personalized payment plan that’s manageable for your lifestyle.

To make sure that you fully understand how they work, we’ll walk you through all the details during the applications process and when we are done with you, you will see that we have a considerable interest rate and not a high one.

However, so that you have a basic understanding when you call, here’s some additional information: When you first contact Car Title Loans California, we’ll request information about your vehicle – things like the make, model, year, and etc., as well as its mileage and condition. We’ll use this information to determine the value of your car, then make you a cash loan offer based on that calculated value.

We know that life can get hard at times.

If you are going through financial hardship, a cash title loan can help you get back on your feet.

You don’t have to live with extra stress when you are in need of quick cash.

Using a car title loan to pay off your expenses will help gets rid of that burden so you can return to your daily routine as quickly as possible.

Our car title loans are fast, easy and convenient, and we can get you the cash you want today regardless of your previous financial history.

Don’t delay! Find out how much you can get by filling out our convenient online application form now.