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

BlogBlogWhy a Car Title Loan is Better than Other Monetary Loans

Why a Car Title Loan is Better than Other Monetary Loans

Title LoanWe all need money in a hurry at times and this is why monetary loans exist. There are several types of loans that are available in Florida and many that allow you to get money quickly. One of these, car title loans, are superior to other loans for a variety of reasons. Though you will have your choice of personal loans, payday loans or even bank loans, you simply will not get the same benefits that you will get when you choose a car title loan.

No Credit? No Problem
When most people think of loans, they think of credit.  When it comes to bank loans, if you don’t have good credit, forget about getting one…it won’t happen. So, for people who have bad credit, what do you do?  Well, if you are the owner of your vehicle, you can get a car title loan. Because you will be using the value of your car as collateral, you won’t need any credit history and even bad credit is perfectly fine.

Do You Need a Large Amount of Money?
Though you may just need $200 or $300 to get you to your next payday, many people will need more than that, especially in an emergency situation.  In this case, you may try a payday loan, but you will quickly find that most payday loan companies will only give you less than $500.  What if you need $800? $1000?  $2000?  Once again, the answer will come from a company that offers car title loans. The only limit you have when you choose a car title loan is the value of your own vehicle.

Need Money Now?
Emergencies happen and sometimes you just cannot wait for days in order to get the money you need. With a bank loan, you can often wait weeks and with a payday loans, it can take days. However, if you choose a car title loan, you can get the money in a matter of hours.

Now that you can see that a car title loan is a better choice than other loans out there, what are you waiting for? Contact Embassy Loans today and find out if you qualify.



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.