Cartitleloans.net provides clients in need with financial assistance without so much more than a vehicle to serve as collateral. No mountain of paperwork, no credit history requirement, just your car’s equity. As a loan matching service, we will connect you with any number of lenders dependent upon your state of residence and unique needs.
So, how does Cartitleloans.net’s service work? Described below is the process in which our company delivers fast, safe and efficient service.
ASSESS. We first collect application submission details from you and present to lenders on your behalf. They decide on the loan amount which they can provide, and deploy personnel to measure it up in consideration of your car’s equity. Your vehicle will be inspected visually and physically, and the loan manager will determine how much you may borrow based on the inspection and your vehicle’s determined value. After you and the lender agree on the wholesale value of your vehicle, the preparation of documents to process your loan will begin.
READ. During the preparation of documents, carefully read the terms of the contract and other papers. Fast processing does not necessarily entail careless execution of documents, so be sure to read the regulations governing your state’s related statutes. Moreover, read the loan agreement and ask questions about any terms which are unclear to you. Before you sign, have every question answered, and be sure that you feel confident that you have understood.
FULFILL OBLIGATIONS. Throughout the duration of the contract, carry on with the payment of license fees and other charges that may be required for maintenance. Similarly, check with your state’s liability insurance requirement, if any. Cartitleloans.net and it’s providers may also require its clients a comprehensive insurance, naming your lending company as the policy loss payee, depending on the amount of the car title loan.
PICK A TERM. Your lender may offer different terms structured specifically to cater to the clients’ varying needs. Repayment rates will vary from lender to lender. Regardless of the term you pick, payments are due at regular and fixed days; an example being twice a month and/or every 1st and 16th of the month.
PAYMENT. Statements of accounts are typically mailed prior to the due date; however, this is without prejudice to the client’s assumed responsibility to keep up-to-date with his or account. Check with your lender for specifics and any allotted number of days as grace period for your payments. Payment received beyond the said grace period will typically be considered in default, so be sure to understand your obligations!
SIGN. As soon as the documents are processed and completed, you will receive a copy of the signed papers. A power-of-attorney document requiring your initials will place your lender as the lien holder onto the car title. These lien documents will remain within the possession of the company until the loan has been fully paid. By then, the documents will have been notarized, satisfied, and mailed to you.
CONFIRM. We will need you, as the client, to confirm that the information you have provided us is true. Furthermore, you will be asked to authorize your lender as your representative to contact the persons listed in your application, which may include personal references, landlord, employer, mortgage firm, and credit reporting firms. The list mentioned above is not exclusive.
Finally, note that as a loan matching service, we will match you with one of many lenders to fulfill your needs. Be sure to check all unique terms and conditions associated with or required by your given lender to ensure that you are in understanding of your terms.