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Get The Financial Help You Need To Get Through A Medical Emergency

Medical EmergencyAn unexpected medical emergency can absolutely devastate an individual’s finances. It could be the result of an accident or the effects of a long, sudden illness that tap entire savings accounts. For those that don’t have insurance, the results can be even bleaker. There are a few alternatives to help those experiencing financial difficulty due to medical emergencies.

 

One of the quickest solutions to acquiring funds needed to pay for emergency medical procedures or hospitalization is through the use of car title loans. While not as well-known as traditional bank loans, an auto title loan is a short-term loan that can help get a family or individual through a tough financial situation.

 

A vehicle title loan is easy to obtain. Anyone who owns a vehicle that has a clear title can qualify. Title loan companies such as Florida’s Embassy Loans can help those with cars and trucks that are completely paid for or are almost paid off. The vehicle serves as collateral for the loan. Interested parties can start the process by filling out an application. Embassy Loans allows its applicants to fill out an application in person or online.

 

Once the application is complete, Embassy Loans will require prospective borrowers to provide a form of photo identification, proof of residency, and the title to the vehicle. Applicants’ identity and residency will be verified and then Embassy Loans can move on to inspecting the vehicle. The company has 21 different inspection stations throughout the state where applicants can take their vehicles for inspection.

 

The first part of the inspection involves making sure that the vehicle’s identification number (VIN) matches that of the title. Next, the car or truck will be assessed for value. This is an important part of the process as the vehicle’s value will ultimately determine how much money can be borrowed.

 

When the inspection is finished, the final terms of the loan can be drawn up. All that is left is for the borrower to pick up his or her money. From the time a borrower begins an application to the time that person receives his or her money is typically an hour. On many occasions, a title loan is processed completely on the day that it was started. The result is that borrowers with emergency medical expenses can receive the cash they need to get them through their difficult time without being left in financial ruin.



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.