Traditional bank loans are getting more and more difficult to be approved for and most people are searching for alternative types of loans. There are several viable options for those looking for a loan that is easy and quick to obtain. Many people choose to get a vehicle title loan because it allows them to retain possession of the vehicle while making monthly payments on the loan. It is wise to work with an experienced lender such as Cash 2 U because they offer more than 10 years of lending experience. They offer loans with simple terms and the repayment period is one year. This means that the monthly payments are affordable as well.
The amount of the loan depends on the value of the vehicle. The loan experts will appraise the vehicle to determine the value. The maximum amount that can be borrowed is $3000. A car must be free from any other liens and be a 2004 or newer. It must be in good working condition and have a Florida title. There is no prepayment penalty if the loan is paid off early. No credit check is required to become approved for this type of loan and there is no application fee.
Cash 2 U offers a prompt loan experience. Approval is usually gained within one hour and same day funding is available. This is good news for those who need the money quickly. This type of loan is helpful because the money can be spent however the applicant sees fit. Many people use the money to make home improvements or to pay an unexpected expense. An applicant has to be a Florida resident with a valid Florida driver’s license. It is also necessary to show proof of insurance, residency, and income as well.
It is helpful to visit the website at to learn more about a vehicle title loan. The website also offers an online application that is easy to download and complete. This lender is experienced and their knowledgeable staff is available to answer any questions. This type of loan is becoming increasingly more popular because it is fast and very easy to obtain.
