When you need cash right away, auto cash title loans, also called pink slip loans can be the best option. Lenders use your auto title as collateral, and issue a pink slip loan which can be used to get emergency cash, when you need to pay for medical expenses, a mortgage payment due or for a major home or car repairs.
Title cash loans can benefit borrowers with bad credit because loans with collateral tend to have lower interest rates and fees than unsecured short-term loans.
Getting Money Delivered from Title cash loans in Phoenix
Each lender may choose a different mechanism by which to deliver money for a cash title loan. Some choose to issue a paper check and send it overnight or by regular mail. This delivery option is usually the lengthiest. One of the quickest ways to get the cash is an electronic direct deposit of funds into a checking account.
However, if you have bad credit and don't have access to a checking account, you can ask your lender to make accommodations for your pink slip loans payment and deliver cash via Western Union or MoneyGram.
Lenders usually pay out Title cash loans during normal business hours, Monday thru Friday. Most lenders are closed for business on the weekends and cannot process a loan application until Monday. In order to get the quickest possible approval and turnaround, you can submit your application online. Internet applications can usually be submitted throughout the weekend.
Wilshire Consumer Credit is an Phoenix lender that promises quick approval and cash delivery when you submit your application online or the phone. Cash title loans can be approved rapidly and processed quickly, often in as little as 48 hours. Wilshire Consumer Credit will also allow you to keep and drive your car while you pay back the loan.
To get your auto cash title loans approval within minutes, apply here!