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Improve Your Credit by Getting a Title Loan

Improve Credit ScoreMillions of people in the country have bad credit and many of those people live right here in Florida. If you are one of them, you know that many times, the hassles that are associated with bad credit can really put a damper on your day and can even negatively affect your livelihood. From phone calls from creditors asking you to pay off your bills to wage garnishments and law suits, all are possible when you have bad credit. Instead of having to deal with creditors, you can easily pay them off in a very simple manner…you could get a car title loan.

What is a Car Title Loan?
A car title loan is a type of loan, highly regulated by the state of Florida, that will allow you to use the value of your vehicle to obtain money. You can get hundreds and even thousands of dollars depending on the make, model and year of your car or truck. The only catch with a car title loan is that you will need to be the legal owner of the vehicle, meaning the title must be in your name. It doesn’t matter if you have bad credit either, which is why this is such a great option for those struggling to pay off their bills and looking to improve their credit.

How Can a Loan Improve Credit?
Some people are confused by how a loan can actually improve your credit. If you know how credit works, however, it won’t be that surprising. When you take out a car title loan, for instance, that act will be reported to the credit bureaus, who determine and update your credit score. As with any loan, when you get a car title loan, you will be required to pay it back. Each time you make an on time payment, that good deed will be reported to the credit bureaus. The more positive reporting that is added to your credit report, the higher your credit score will go.

As you can see, a car title loan can actually kill two birds with one stone…you will be able to pay off your debts and improve your credit at the same time. If you are interested in learning more about car title loans, contact Embassy Loans at your convenience.



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

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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.

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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.