Yes, Max Cash® Title Loans is open on Father’s day. As a matter of fact, Max Cash Title Loans is open seven days a week. On any day, our services are available to help our borrowers find top lenders for your economic needs. No matter if it is a holiday or weekend, we are here to serve you!
Do I need a Job to get Max Cash Title Loans?
Max Cash Title Loans does require that you receive income. We need verification of your employment so that we know your eligibility to pay and if your job is stable enough to repay the loans. Just like with any loan or lease your income must to be verified. If you do not have income, how could you pay back the loan? Our mission at Max Cash Title Loans is to make sure you receive the funds you need, not to take your vehicle.
Do I Need a Good Credit score?
No, you do not need a solid credit score. Actually, in some cases, you may not need any credit at all. That is one of the many benefits of secured loans. Your assets and income are in lieu of your credit score. If your car and income are acceptable, you should be in a solid position to receive a loan from one of our lenders.
What is Interest?
Interest is a very important topic has puzzled many. Anytime you receive a loan there is a finance charge, also known as interest. A finance charge is interest. A finance charge or interest is the profit that the lending institution charges for the price of the loan given.
Long term loans usually have lower interest than short term loans. However, collateral and credit mostly determine your finance charge. Typically, if you have bad credit and no collateral, your interest will be sky high, or you may be denied approval.
But, if you have collateral or good credit, you may have low interest rates, and, usually, you may be able to get loans for free or free for a period of time.
What is in a Lien?
A lien is a debt owned by another party. If one has a lien on your property, you owe someone money. It can be a lien from a judgement, mechanic, or business to whom you funds. This is a remedy to ensure people are paid the debts that they are owed. A lien can, also, be used by auto title lenders to ensure that they are, also, paid what they are owed.
Liens have the power to make sure that you pay your debt by forcing a repossession, sale, or liquidation of that item or items. Liens are placed on any property that was used as collateral, or liens can be placed on property per judgment. Liens are, can, and should be removed if payment is made in full.
Does my Car Need to be Paid Off?
No, your car does not need to be paid off for you to receive a car loan. Max Cash Title Loans work with many lenders that are competing for your business. If your car has great value, we should be able to find a lender that is suitable for you and your needs.
Some lenders may be able to use your car’s equity for an auto title loan. What is your car’s equity? Your car’s equity is the portion of the car that you own. For example, if your car is twelve-thousand dollars, and you have paid ten-thousand dollars toward the principle of the vehicle. You now have ten-thousand dollars in equity that can be used against and to secure a loan.
Is an Auto Loan a Secured Loan?
What is a secured loan? A secured loan is when one uses property that is verifiably owned by the borrower or something of value. A secured loan is usually used for long term loans, loans of high value, such as a car note or mortgage.
Credit is used to verify someone eligibility for a loan. Secured loans, in general, allow for one to circumvent the need for credit. Proper collateral can be used to prove the borrower’s eligibility to pay.
Benefits of a secured loan can be lower interest rate, in contrast to the higher interest rates that are typically given for unsecured loans. Because unsecured loans are approved almost entirely upon the person’s credit history, the borrower can walk away from the loan at any time, leaving the lender no way to recoup the invested capital.
Why choose Max Cash Title Loans?
Finding a lender on your own can waste a tremendous amount of time; you could spend up to an hour per lender just to find out if you are pre-approved. When you use a Max Cash Title Loans, you fill out one application that is reviewed by multiple lenders, increasing your chances of receiving a loan and getting the loan that best suits your individual needs at the best price. Max Cash Title Loans creates a competition among its lenders giving the borrower a well needed advantage: almost ensuring that the consumer leaves with a price that he or she can afford4. We will haggle and negotiate on your behalf to assure you get the best rates available