Are you in need of a little extra cash in a jiffy? You don’t have to go to the bank, fill out stacks of paperwork, and then wait for days before you find out if they’ll approve your loan. Sara Graves, the co-founder of US Title Loans, understood the assignment and knows what happens in the loan market. Hence, they came up with a helpful connecting platform.

With them, you can connect with a network of lenders and get a cash advance on your car title in an hour or two. In this post, we’ll give you the information you need to get started.

The truth is, sometimes you need cash now but don’t have the time or patience to wait for a loan from one of the big banks. In those cases, US Title Loans can be your answer.

If you’re considering applying for short term loans, it’s important to understand how loans from US Title Loans work. Well, lucky for you, this article is all about that. Read on to find out more about US Title Loans and the short-term loan broker services they offer.

What are US Title Loans?

US Title Loans has  a network of hundreds of cooperating lenders that provides quick cash funds to customers who need money that day. The company was founded with the goal of bringing lenders and borrowers together while providing an alternative to payday loans.

With a quick and easy loan process and competitive rates from network lenders, US Title Loans is one of the fastest growing loan brokerage companies in the country.

You may be wondering what makes US Title Loans different from other loan brokers in their niche. It all starts with their No Judgment Policy.

Why Does US Title Loans Have the Best Lender Network?

“The No Judgment Policy”

What is the “No Judgment Policy?” Some lenders in the marketplace offer loans with a small set of exceptions, which allows them to collect interest on a loan that later gets pushed into collections. The truth is, they are no different than payday lenders and pawnbrokers—people who charge excessive interest rates on short-term loans.

US Title Loans’ lenders do not do that, because they know you will get your money back if you pay it back. They don’t need to charge high interest rates to make up for defaults, so they can give you a better rate than almost any other title loan lender.

The Loan Process

How does the application process work? Your background check is performed and verified by their lenders after you apply online or over the phone. Once your application has been approved, you will be asked to make an appointment with a local lender.

Once you are at the lender’s office, they will review your proof of income and identity to finalize your loan. If you live in one of the states that US Title Loans serves, you will sign a contract with your lender that has no obligations before you get the money.

Easy Repayments

Other companies that provide short-term loans require you to get the loan there and then pay it off quickly. US Title Loans’ lenders do not require that, so you can take up to 12 months to repay the loan. Your lender will provide all of the information for tax purposes and let you know when and how you should submit your repayment. This is also where you’ll receive your receipt, so you can send it to your tax representative at the end of the year.

An average customer has their loan returned within a week, making US Title Loans an effective and quick assuring tool to get the financial help that you need.

Short Term Loans

If you find yourself caught in an emergency situation and need money fast, short-term loans via US Title Loans could be your savior.

Essentially, short-term loans are loans that are paid back quickly, usually within 1 to 12 months. They are an alternative for people who want long-term loans but can’t get them for a variety of reasons.

This is usually because the loan is to be used for something like a large purchase or an emergency expense that you would need the money for more quickly than you might need a longer term loan. The typical repayment period on these loans is 2-4 months.

They can be a great option for those with bad credit or who may not have any other good options available to them in the short term. The maximum amount you’ll be able to borrow will typically range from $300 to $1000.

 

Keep in mind, however, that these are high-interest loans that should be used as a last resort when you have no other means of borrowing money. You can use the information we’ve provided to make your application process simpler and save yourself time and hassle. As always, you should read the fine print before signing any financial agreement with a lender.

What Are Some Alternative Sources of Short-Term Loans?

• Offer your unwanted items for sale

Do this online or through a few local garage sales. You might be able to sell more than you expect, and it will be a good way to get rid of items that are no longer useful in your life.

• Think about getting a personal loan

Personal loans can improve your credit score and get you back on track toward managing your finances effectively. You can connect with lenders for this loan service on US Title Loans to fulfill your needs.

• Use other sources of income to pay off your debts

Maybe you have another source of income that you’re not using right now, like some savings in the bank or a trust fund. This could be money that’s set aside specifically to pay off debt.

• Create a budget

Setting a budget is difficult, but it will help you understand exactly where your money goes each month. You can then work to cut back on unnecessary spending and use your extra income to pay off debt.

• Pay off your debts

This isn’t an easy process, but many people do it through the power of a tax refund check or a settlement check from a lawsuit. If you have a large sum of money coming your way, consider having to pay off all your debt at once. Take the time to work out a budget and determine how much of your settlement or refund you can put toward each loan. Having said that, we will talk more about the tips to get out of debt in the following section.

What Are Some Tips for Getting Out of Debt?

●       Track your spending

This will help you to understand exactly where your money goes each month. You can work to cut back on unnecessary spending and use your extra income to pay off debt.

●       Get organized

This will help you put a budget together and make it easier for you to stay on track with your finances. It will also help you avoid overspending in places like restaurants or on shopping trips.

●       Apply for a loan

This is the easiest way to resolve your debt once and for all.

Get Started Today

In conclusion, US Title Loans has a consumer-friendly network of lenders for you to get money fast when you need it most. US Title Loans is a nationwide company that connects you to short-term loan providers at competitive rates.

They are confident that your experience with US Title Loan will be great. If this is your first time using the service, you will be impressed with how fast you can get the money you need. It takes less than 24 hours for them to approve your application and get the cash in your bank account.

After that, you just need to send a check to pay down the loan, and you don’t have to deal with any other paperwork. The loan is free of any hidden fees or interest rates, and it is exactly what they advertise. Reach out to US Title Loans and their lenders when in need of a little extra cash.