(833) 839-2274  157 N State Road 7, Plantation, FL 33317

BlogBlogGet Out of Debt by Using a Car Title Loan

Get Out of Debt by Using a Car Title Loan

Getting Out Of Debt Auto title LoansThere are millions of people who are struggling with debt, and thousands in Florida alone. Thanks to a struggling job market and an economy that simply can’t seem to catch on, living in debt is becoming a way of life for many people. Having debt is like taking two steps forward and one step back. You may feel like you are getting ahead one month, but the next, due to interest and other fees, you are simply right back to where you started. It can seem like a never-ending fight and you probably wish that you could just pay off all of your debts at once.  Guess what?  You can! You can escape debt by using a car title loan.

Many people have probably heard that a car title loan is dangerous, but in Florida it is actually a highly regulated industry which makes it ideal if you are looking for a way to get out of debt. How can a car title loan help you to get out of debt? Quite easily actually, but first you will need to know how a car title loan works.

You will be eligible for a car title loan as long as you meet a few requirements. The first requirement is that you will need to be the owner of the vehicle. This means the vehicle must be fully paid off and you are listed as the owner on the title. Another requirement of a car title loan is that your vehicle must be worth enough to secure the loan.  Your Embassy representative will be happy to walk you through this and let you know how much you can borrow with your car. Finally, you will need to submit three simple items like a utility bill to help verify your current address.

Once you qualify and have your money, you can easily use it to pay off those overdue bills and get out of debt. For more information about a car title loan, contact Embassy Loans, the leader in Florida Auto Title Loans.



Embassy Loans is a leading provider of auto title loans since 2005

Get In Touch

Embassy Loans Inc. is licensed under the “Florida Consumer Finance Act” and as such Embassy Loans is exempt from any licensing requirements under the “Florida Title Loan Act” to the extent that any of Embassy Loans’ activities involve the making of a loan of money to a consumer secured by bailment of a certificate of title to a motor vehicle.

Monthly Interest Rates range from 1.5% to 2.5% (18% to 30% APR), with 15-18 Month Terms.

No Prepayment Penalties!

Embassy Loans uses “Title Loans” for advertisement purposes only and provides auto equity loans. Embassy Loans Inc. is licensed under the “Florida Consumer Finance Act” under Florida Statute 516 and as such Embassy Loans is exempt from any licensing requirements under the “Florida Title Loan Act” to the extent that any of Embassy Loans’ activities involve the making of a loan of money to a consumer secured by bailment of a certificate of title to a motor vehicle.

© 2024 · Embassy Loans · Site built by DMA

Frequently Asked Questions

What is an Auto Equity Loan?

An auto equity loan, sometimes known as a car title loan or a car equity loan, is a type of loan that allows you to borrow money by using your vehicle as collateral. The loan is secured by your vehicle, meaning you agree to use the equity in your car to back the loan. 

What is an Unsecured Personal Loan

An unsecured personal loan is a loan that does not require collateral. Funds are provided based on your credit worthiness and your ability to repay. 

What Is the Credit Builder Program

The credit builder program is designed to help individuals establish or improve their credit score with the primary purpose of building a positive credit history through regular payments.

Can i have more than one Loan at a time?

Embassy Loans can only extend one loan at a time and it’s advisable to start with one and focus on making payments in a timely manner to prevent default.

What happens if I miss a payment?

Missing a payment can have negative consequences, including late fees, a drop in your credit score, and potential default on the loan. Consistent, on-time payments are crucial to benefit from the program.