If you suddenly find yourself wondering how you’re going to keep the power on in your home, how you’re going to pay for a medical appointment, pay your auto insurance or even how you’re going to get cash to fund a fun activity or trip, getting it doesn’t have to be hard. While there never truly is a substitute for working hard and building up your savings, there are times that just might not happen. Events can happen that put you behind in your finances, but when they do there are options for you.
Usually when they find themselves in a tight spot, people look to one of three places to take out a loan or seek assistance:
But what if you needed another option? The good news for Missouri residents is there is another option with car title loans in Ferguson and other surrounding areas. Even though car title loans have been around for a while, many people still don’t know about them or hear the wrong information. But car title loans in Missouri could actually be the best way to take care of situations where you need a personal loan.
If you’re trying to get a loan from the bank, you’ll find out pretty quickly that you’ll have a lot of requirements you’ll need to meet. If your credit isn’t good, you’ll usually find the terms of the loan very unfavorable. Your employer can sometimes offer you assistance including sometimes a payday advance, but not all do. Your friends or family could be an easy source for a short-term loan, but borrowing money from them could also cause a lot of friction in relationships. Taking out car title loans in Ferguson allows you to avoid these kinds of situations.
Our online title loans in Kansas City do not require you to have good credit or even any credit for that matter. We do not tell your employer either that you’ve taken out a title loan. All you need to be eligible for the loan are the following:
The amount you’re given for a title loan is a portion of what your vehicle is currently worth. We have an online application to let you find out how much it’s worth, and you can get a quote for your title loan. Our car title loans in Ferguson still require you to bring your vehicle to our store because we have to inspect and make sure they are running properly and match the description, but the online application can make sure things are already moving when you come to our store.
After completing the online application and coming to our store, you’ll need to make sure you have the correct documents with you. Those include the following:
We’ll go over your documents and finish the inspection, and if you’re approved for a title loan you’ll know in minutes. You’ll receive your funds later but usually within 24 hours.
Some people misunderstand that when you use your vehicle to get a title loan, you do not give it to us. You give us your title to keep until the loan is paid off, and we return it promptly when it is, but you get to keep driving your vehicle. The important thing to know is title loans are given 30-day periods and you must make the minimum payments within those 30 days. Also, the maximum amount you can get with a title loan is $5,000 according to Missouri law.