Saturday, August 28, 2010

Auto Title Loans in California - Car Equity Loans FAQ

Q: What is a car title loan?
A: An auto title loan is a fast way to borrow money using the equity in your vehicle as collateral.

Q: Do I get to keep my vehicle?
A: Yes, you can drive off with the cash.

Q: How do I apply?
A: Fill out our online application on the right side of this page.

Q: What do I need to qualify for a car title loan?
A: A vehicle that is paid off with a wholesale value of $5000 with required items.

Q: How much money can I borrow?
A: The loan amount is based upon the value and condition of your vehicle. Minimum $2600.

Q: How fast can I get CASH?
A: Your loan will be approved within 30 minutes after receiving your completed application.

Q: What if I lost my title?
A: We can still approve you for a loan but you must be the registered owner of the vehicle and it must be paid off.

Q: When is the first payment due?
A: The same day the following month.

Q: How long do I have to pay back the title loan?
A: Up to 36 months.

Q: Is there a penalty if I pay the title loan off early?
A: There are no pre -payment penalties, the loan can be paid at any time.

Q: Are you licensed to make auto title loans?
A: Yes, loans are made pursuant to California Business Oversight.

Q: What are the requirements to get approved for a title loan?
The most important requirement is that you own a clear title on your paid-off or nearly paid-off vehicle.

Q: What is the maximum title loan amount?
A: Your maximum loan amount is based on the value of your vehicle.

Q: How do I apply?
A: Apply Online or call 1-888-500-9887.

Q: How long do I have to pay back my car title loan?
A: Our average term is 36 months. Depending on various factors, we can offer longer or shorter payment terms to best fit your needs.

Q: How do I get in touch with you?
A: Call us at 1-888-500-9887 or contact us via the form to the right of every page.

Q: Is Car Capital Financial, Inc. licensed?
A: Yes Car Capital Financial, Inc. has obtained licenses or certifications as a lender in California.

Q: How fast will I get my money?
A: In most cases, the same day. It all depends how fast you supply all necessary documentation.

Q: How do I make my auto title loan payments?
A: You may mail your payments to our payment center, pay by phone with a check, or you may set up monthly automatic electronic debits from your checking account.

Q: Can I pay off my title loan early without a penalty?
A: Yes We do not charge prepayment fees. You can pay off any portion of your loan at any time without incurring a penalty.

Q: I own a motor-home. Can I get a title loan?
A: Yes.

Q: Does my car need to be completely paid off?
A: No, if you still owe money on the vehicle, we can payoff the loan and get you some extra cash.

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