Why a Car Title Loan is Better than Other Monetary Loans

Title LoanWe all need money in a hurry at times and this is why monetary loans exist. There are several types of loans that are available in Florida and many that allow you to get money quickly. One of these, car title loans, are superior to other loans for a variety of reasons. Though you will have your choice of personal loans, payday loans or even bank loans, you simply will not get the same benefits that you will get when you choose a car title loan.

No Credit? No Problem
When most people think of loans, they think of credit.  When it comes to bank loans, if you don’t have good credit, forget about getting one…it won’t happen. So, for people who have bad credit, what do you do?  Well, if you are the owner of your vehicle, you can get a car title loan. Because you will be using the value of your car as collateral, you won’t need any credit history and even bad credit is perfectly fine.

Do You Need a Large Amount of Money?
Though you may just need $200 or $300 to get you to your next payday, many people will need more than that, especially in an emergency situation.  In this case, you may try a payday loan, but you will quickly find that most payday loan companies will only give you less than $500.  What if you need $800? $1000?  $2000?  Once again, the answer will come from a company that offers car title loans. The only limit you have when you choose a car title loan is the value of your own vehicle.

Need Money Now?
Emergencies happen and sometimes you just cannot wait for days in order to get the money you need. With a bank loan, you can often wait weeks and with a payday loans, it can take days. However, if you choose a car title loan, you can get the money in a matter of hours.

Now that you can see that a car title loan is a better choice than other loans out there, what are you waiting for? Contact Embassy Loans today and find out if you qualify.