Loan Types

Whether loaning your car title, or pawning the car title itself, there are several different types of loans that you can take advantage of to get some quick cash.

Car Title Loans

The car title loan is the traditional method for loaning. This loan is based on, how much cash you need, and your ability to repay the loan in a timely fashion. All levels of credit are accepted.

Car Title Pawning

Working in a similar fashion to car title loans, car pawning entails using your car as actual collateral for the loan. This means that not only do you need to have an intact car that is in good operating condition, you will need to have a clean driving record and valid car registration. The built in advantage is that it eliminates the need of going through a traditional background of credit checks, that comes with a lengthy process, not to mention forms and payment for the credit check itself. Signing a request form only takes mere minutes. After submitting additional required documents, the licensed agent will inspect the vehicle, and if approved, you will receive your cash right then and there. Be sure to check around for competitive interest rates, for some can be quite steep. One more important note about car title pawning, is that if you fail to make your payments, your vehicle will be repossessed.

Motorcycle Loans

That's right, motorcycles can also be used for making loans. Provided that you have no leans on your motorcycle and you have a clean driving record, you can get cash in mere minutes. Another perk of this type of loan, is the fact that they accept all levels of credit.

Motorcycle Pawning

In a similar vein to car pawning, pawning your motorcycle title is a quick and easy process. This method also eliminates the need to go through a lengthy as well as a costly credit background check. Your motorcycle itself is used for the collateral. Upon approval of the loan, your motorcycle will be inspected by the licensed agent. You will then sign a contract with terms of payment and the applicable interest rate. Just like pawning your car, it is highly important that you keep up with loan payments, otherwise your motorcycle will be repossessed, with the difference between the appraised value of the iron bike and the payments made, making up the difference. Other loan types include signature loans as well as traditional personal loans.