| General |
What are Appropriate uses for Auto Title Loans? 1. Consumers who have a sudden and unexpected need for cash due to common financial challenges like medical emergencies, vehicle repairs, divorce, job changes or other unexpected expenses. 2. Self-employed small business owners with an immediate need for short-term working capital. 3. Consumers who, because of low credit ratings, don't have access to traditional credit-based lenders, like banks, credit card companies, credit unions and small loan companies. 4. Consumers who need a small amount of cash immediately and don't have time to wait for a bank to approve a loan. Banks and similar lending institutions are not always able to accommodate such requests. 5. Consumers who see this service as a sensible alternative to bounced check fees, late fees or wire transfer fees. See related Item: http://www.responsibleautolenders.org/ |