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Loans You Can Obtain Without A Credit Check

No Credit CheckBorrowing money without a credit check is possible. If you are like the many people who suffer from a poor credit history, there are options available for borrowing money. Two of the more common loans that do not require a credit check are the payday loan and the car title loan.

Title loan companies like Embassy Loans of Florida are not particularly concerned with an individual’s credit score. They are not really concerned with a person’s income either. If an individual has a vehicle that is paid off and has no liens on its title, that car or truck can be used as collateral to secure a loan. The amount that can be borrowed is determined by what the vehicle is worth. Car title loans are very popular because they are easy to obtain.

The process starts by filling out an application. Applications take just a few minutes to complete. Embassy Loans will verify a person’s identity and the title of the vehicle. The car or truck is assessed for value and then the final terms of the loan are drawn up. Applicants can borrow larger amounts of money (several thousand) with a car title loan.

Once the loan documents are signed, a borrower can pick up his or her money. Typically, an auto title loan at Embassy Loans is completed in an hour. Many borrowers are able to acquire their cash the same day that they fill out their application. Since the loan is secured by a vehicle, there is no need for a credit check.

A payday loan is very similar to a vehicle title loan. It is also a short-term loan that is independent of a person’s credit history. As long as you have a job and can prove it, a payday loan company will allow you to borrow using your next paycheck as collateral. A payday lender will verify a person’s identity and source of income. They will also take a look at an applicant’s basic expenses.

Payday loans are usually for smaller amounts of money. The typical payday loan averages around $500. Once approved, the borrower will write a post-dated check that will re-pay the loan. The post-dated check usually coincides with the borrower’s next payday. Like an auto title loan, there is no need to check a person’s credit for a payday loan. The loan is secured by the borrower’s paycheck.

Both payday loans and auto title loans give borrowers with poor credit histories an opportunity to borrow money when necessary.



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.