McCormick Ranch is one of the biggest planned communities in the entire state and has a convenient location near Scottsdale. Though the history of this neighborhood dates back to the 1920s, it wasn’t until the modern era that it really came into its own. Many assume that those living in this area never have money problems because it features a number of homes that sell for a million dollars or more, but there are people living in this community and struggling with their finances every day. Those who need cash quickly and own a vehicle can easily apply for one of our title loans.
If you never applied for a title loan before, you may not understand how these loans work. You put up the title to your vehicle, and we use that title as collateral. If you stop paying before fulfilling the terms of your loan, we can actually use that title to take over the ownership of your vehicle. We take every step possible to keep this from happening though because we want you to feel happy with our service. If you experience any issues that will lead to you missing or skipping a payment, we recommend that you call us and see what options are available.
One reason so many McCormick and Scottsdale residents apply for loans with us is because we streamline the process. Did you know that you could actually start the application process on your computer or any other device connected to the internet? You can use your work computer, tablet or even phone. The questions we ask are so basic that it might take you five to 10 minutes or even less to fill it out. You need to know the year, mileage, model and make of your car as well as your own name and phone number. We also require your current zip code because we want to locate the closest office or branch that can help you.
The total amount that you can borrow against your car depends on its condition and just how much it is worth. If you have a car that is only a year old, you can usually borrow more than if you had a truck a decade old. Once we decide how much that vehicle is worth, we’ll follow Arizona laws regarding how much we can charge in interest. Loans of $500 or less are subject to an interest rate of 17%, but if we loan you $5,000 or more, we drop that interest rate to just 10%. When taking out title loans McCormick Ranch applicants will find that we give them all the loan documents required by law. The documents you get tell you how much you owe in total and when each payment is due.
Auto title loans in Scottsdale are great for anyone who needs just a little extra cash between paychecks. While you can pay off your loan with low monthly payments over time, you can also come in and pay off your total loan anytime you want. As we offer bad credit loans online, you don’t need to worry that your bad credit will keep you from getting a loan either. Not only do we not need a social security number, but we will not pull your credit before giving you a loan. With our title loans McCormick Ranch residents with a clean title and a guaranteed source of income qualify for a loan based on their cars, trucks and other vehicles. You can also drive your vehicle while you are paying off your title loan. Also don’t worry about repossession, repossession is the last thing that lenders want to do, they will try their hardest to setup a payment plan that works for you.