Some people experience great difficulties when it comes to getting approved for a loan. This could be because they don’t have a credit history at all, or they may have bad credit. A traditional bank will not approve loans for these people. There are some alternative loans available, and it is important to look at them more closely. It is vital to work with an experienced and fair lender that has an excellent reputation in the industry. Cash 2 U in Lake Worth FL offers car title loans with easy terms. These loans are very easy to qualify for, and they also offer same-day funding. This is very helpful if the applicant is in a financial bind.
When applying for a car title loan, there are a few items that the applicant should bring with them. A valid Florida driver’s license and a valid Florida title need to be presented to the loan agent. Proof of income and residency is also needed. An insurance card or policy and a phone or cell phone bill must be provided as well. The car must be 2004 or newer and be in great working order. It has to have less than 130,000 miles on it and free of other liens. These are the basic loan requirements.
After all the required information is provided by the applicant, an agent will then inspect the vehicle and assign a value to the vehicle. The applicant can borrow up to the value of the vehicle. This is a simple interest, one year loan. The terms are very easy to understand and there are no credit checks to worry about. It is helpful to Visit the Website of the lender to learn more about this service.
Cash 2 U in Lake Worth FL has helped hundreds of customers become approved for a loan. They offer excellent service and loans with simple and clear-cut terms. Many applicants love that they offer same-day funding because this gives them access to their money right away. The best part is that the applicant keeps possession of the vehicle while they are making their payments. This makes it very convenient for those with poor credit scores to obtain a loan.
