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Don’t Give Your Title to Someone Who Meets You at McDonalds

Title Loan in Fast Food Parking LotThere is a new trend, it seems, in the title loan business. Companies are springing up everywhere offering to “Come to you” to write up your title loan. Sounds convenient, doesn’t it? They will meet you at a local coffee house, and minutes later you drive away with cash in your hand. Well, there is a problem here.

Remember, your title is a valuable document. When you get a title loan, you turn that document over to the loan company. Bottom line? They trust you to pay back the loan and you have to trust them to return the title. Before the loan is done, the loan company will know a lot about you; where you live, where you work, etc. What do you know about them?

Well, if you are dealing with a title loan company with an office in Florida, and licensed by Florida, your trust level should go up. If there is any sort of problem, you know exactly where to go to work it out (their office).

Now, think for a moment about that great loan you found on the internet. Funny, the web site didn’t mention an office location. They said they could meet you at a local restaurant right after work to get the deal done. Sounds good, unless this guy doesn’t have an office (and perhaps isn’t even licensed). Giving your valuable title to a stranger in a parking lot is never a good idea. Yes, you got some money, but the title to your car is more valuable, and a stranger with no address just drove away with it.

At Embassy Loans, we do our best to make this process as convenient as possible for you. We always, however, ask you to have your car inspected at one of our offices or inspection stations. Those office facilities should give you a comfort level that you know who you are dealing with and exactly where to find us if you need to. We think any title loan company owes you an address, a phone number, and a state license number before you hand that title over. There are some things that you just shouldn’t buy from a stranger in a parking lot, and a title loan is one of them.



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.