Get Cash and get to keep your Car – Auto Title Loans provide you with a Win-Win Situation

June 17, 2013 - PRLog -- Car title loans are sometimes called “Pink Slip Loans” because pink slip is the informal name of car title in California. You must not confuse title loans with auto pawn loans. When you avail an auto pawn loan, you will have to leave your car at the pawn shop. But, when you opt for auto title loans, you just need to hand over your title to the lender and not your car.

Rapid Car Loans has experience of providing car title loans at affordable rates ( http://www.rapidcarloans.net/car_title_loans.html ) . Once you fill the 100% safe online application form, your work gets over. The company will search for the best loan program with total dedication.

Don’t worry about your bad credit score or inadequate credit history. The company offers title loans to people with credit issues. Also, the flexible repayment terms will ensure that payments are no burden to you.

Requirements for Car Title Loans

Amount Owed

For acquiring instant cash on car title loans, it is important that there shouldn’t be any lien against your car. You should not owe anything on your car.

Title

It is also important to have a clean title. It is already discussed that there shouldn’t be any lien against it. But, it is important to know that a salvaged car title is also detrimental to your approval chances.

Vehicle Age

If you want to avail auto title loan, your car should not be older than1999.

Mileage

Mileage is the distance your car is driven. It is necessary that the car is driven for less than 150,000 miles. Anything more than that is incompatible with the approval criteria.

Required Documents for Car Title Loans

When you avail the auto title loan, you are required to submit certain documents to complete the loan process. The list is as follows:

Title to the Vehicle

The Certificate of title is a legal document. It establishes a person as the legal owner of the car. The title is required to transfer it to the lender’s name.

Driver’s License

A valid driver’s license is essential to drive legally on the streets. A driving license also has other essential personal details and so lenders want you to submit a copy of your license.

Employment Details

A continuous employment gives guarantee of regular payments. Hence, you will be asked to submit a copy of your recent pay stub. This is essential if you are employed by someone else. If you are a self employed individual, IT statements of the last three years will be required.

The process is as easy as pie. Once you submit the documents, you will get cash instantly. Rapid Car Loans understands your needs and thus ensures you of quick process. The company offers instant approval of car title loans at low rates.

No scrupulous credit checks, no long waiting approval, just quick cash!

Make good use of your car, https://www.rapidcarloans.net/car_title_loans.html - avail car title loans today!