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When You Need A Source Of Fast Cash

Fast CashIn today’s unstable economy, there may come a time when you require a source of immediate cash. It may be to cover the rent, for an unforeseen medical expense, or maybe even for a vehicle repair bill. Whatever the circumstance may be, Embassy Loans has a solution. Here are some sources of quick cash when you find yourself in a bind.

 

Small Loans From Financial Institutions

 

More and more banks and credit unions are offering small dollar loans ranging from a few hundred dollars to $1,000 or more. Financial institutions are providing these loans because of a growing demand for quick sources of smaller amounts of money. These loans are affordable with APRs ranging from five percent to 35 percent. Be sure to shop around for the best available rate. Paying off one of these loans can be great for a borrower’s credit.

 

Payday Loans

 

Another source of fast cash is a payday loan. This is a small dollar, unsecured loan against a borrower’s paycheck. They are sometimes referred to as “cash advances” as a lender loans money on a future paycheck. A payday loan can be a good quick source of much needed funds, but borrowers need to be careful so they do not fall into a cycle of payday borrowing.

 

Cash Advance From Employer

 

While it may be a little difficult going in to ask the boss for an advance on your paycheck, the worst that he or she can say is “no.” If you are a good employee in good standing, it will not hurt to ask for an advance against your next paycheck. In this case, an advance from your employer is most likely a one-time deal. You probably don’t want to make this a habit.

 

A Car Title Loan

 

Many people are probably not aware that they can obtain vehicle title loans. Embassy Loans offers car title loans to those in need of quick source of emergency funds. A title loan can be acquired rather easily if you happen to be the owner of a vehicle. Car and truck owners offer up their vehicle as collateral. An application is of course necessary, as well as a clear title on the vehicle. There are a few other requirements, but the process is fairly straightforward and simple. Borrowers who find themselves in a financial mess will receive their money very quickly and can use it to meet their obligations.



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.