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Let’s Get Smart About Car Title Loans

Too many people get themselves into money trouble because of poor decision making. It might sound cruel, but it’s a fact. Most average Americans are only a few bad choices away from financial catastrophe. This article isn’t here to scare you, though—it’s here to help you stay smart. Follow this advice, and you may find yourself with an unexpected lifeline the next time you get into tricky financial waters.

Getting out of debt isn’t an easy thing to do, even when the economy is in good shape. There are, however, a couple of easy ways in which you can give yourself temporary financial leverage. It’s amazing to think that a small piece of good advice could be just what it takes to pay off a long-standing debt or improve your credit rating. A good credit rating will then make you eligible for more and more powerful borrowing solutions in the future.

One of the simplest and fastest places to start is by taking out a car title loan. Some people shy away from car title loans because they’re afraid of losing their vehicle. After all, if you fail to repay a title loan in time then the loan company legally owns your car. The stakes are undeniably high, but if you know you’ll be able to repay the loan in time, it can buy you the breathing room you need in other situations. The important thing is to be sure you can pay the money back before you borrow it.

Here’s what you’ll need: a vehicle manufactured within the last few years, some documentation to prove that you own it, and a strategy to pay back the money in time. Then just go to a company like Embassy Loans and fill out an application. They’ll appraise your vehicle and offer you a certain amount of money in exchange for the vehicle title. You get the title back when you return the money.

Again, don’t get freaked out by this. If you have a raise coming, a debt that you can call in, or an investment that you know will pay off before the loan is due, there’s no reason not to take it out. You just have to be sure. It’s all about keeping a clear head and taking calculated risks. If you can do that, you should be just fine when taking out a title loan.



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.