Help pay bills or unexpected expenses with a loan on your auto or truck’s equity
Applying for a loan using your car as collateral sometimes called a Car Title Loan or Auto Equity Loan is a rapid way to get money to pay bills or for emergency cash needs. Sometimes your normal paycheck doesn’t pay all your bills. Cost of living continues to rise in Florida, many people simply can’t afford to pay for emergency needs like home repairs, medical bills, or legal fees. When this happens, people who own their vehicles can apply for a consumer finance loan from Embassy Loans, using the equity in your car or truck as collateral, to assist you to pay those unexpected financial expenses.
To apply for this type of loan, you need to make sure you have the needed paperwork in order for Embassy Loans to process your loan quickly:
- Proof of vehicle ownership ( title) and current insurance: The first thing you need to establish is proof of ownership for the vehicle on which you are looking to obtain an auto title loan. This means that you have paid off any car loans and there are no liens against the vehicle. You will also need to provide the vehicle insurance and registration.
- Identification including Driver’s License. You need to prove who you are and where you live. Only official Government Identification Cards such as a State Issued Driver’s License are accepted to establish this identity.
- Proof of residency: A formal proof of residency is needed when applying for a collateral loan. This can include a copy of bank statements with your physical address, a rental or mortgage agreement with your address printed or utility bill.
This is what you need to receive your loan from Embassy Loans. The process is very simple and you can fill out an application online or by phone with the help of one of our friendly Loan Agents. Your loan can be approved within a matter of hours.
Embassy Loans – Loans Made Easy
For Fast Service Call (866) 277-5798
or visit us online at EmbassyLoans.com – Car Title Loans in Florida
Read the complete Article: http://www.southfloridabusinessworld.com/2012/09/applying-for-a-car-title-loan/