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

BlogBlogFinding The Best Car Title Loan Company

Finding The Best Car Title Loan Company

You Are ApprovedThere are a number of different options for fast cash loans. As the financial picture in the U.S. began to falter in the late 2000s, these types of loans became more popular as traditional borrowing came to a halt. Banks, credit unions, and other financial institutions have taken measures to curtail their lending. Those looking to borrow have found it difficult to do so, thus the rise of the quick cash loan.

 

The car title loan is one such loan. An individual who owns a car that is in good shape and possesses the title to it can use the vehicle as collateral to obtain a loan. The process is easy. An interested person fills out an application either online or in person. The lender will verify an applicant’s identity and examine the title and the vehicle.

 

A value is established for the vehicle and a loan agreement is drawn up. At Embassy Loans of Florida, this entire process can take as little as an hour until a borrower receives his or her money. There are no credit checks or other paperwork involved that typically makes traditional loans take longer. There are numerous car title loan firms available. Finding the right one can be tricky. You can help yourself by doing the following when looking for a title loan lender.

 

  1. Find out if any of your friends or family has ever borrowed money using a car title as collateral. If so, ask about their experience and, if favorable, request a name and phone number so that you may call them.
  2. Make your list of title loan companies. Begin some research on each firm to make sure they are legitimate. You can easily find out if the company is licensed to operate in your state and you may want to verify that any information you gather is, in fact, true.
  3. Contact the companies that you decide are best. Compare what each company offers as far as features and benefits. Weigh each company’s offer. You would prefer a flexible payment plan, reasonable interest rate, and quick approval.
  4. Choose the company that meets your needs and goals.

 

Embassy Loans of Florida is one of the state’s leading consumer finance companies and has helped thousands of customers obtain car title loans to allow them to borrow money when most needed. The company features a streamlined approval process and can help you get your hands on cash very quickly.



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.