The word ‘equity’ has several different meanings. People hear the word most often in reference to real property, or a house. When you have equity in a home, it means there is some value in the property over and above any debts that are owed on the house. The same term can apply to anything you own, including a vehicle. If you owe less on a vehicle than what the vehicle will sell for, we say you have ‘equity’ in it.
Tap Your Equity With An Amazingly Simple Title Loan
If your’re in a bind and need some extra cash fast, this option can easily be overlooked. Loans For Less can pay off the balance of your loan with your credit union or bank and lend you the equity you have in your vehicle. It’s one of the easiest ways to get the cash you need in a hurry. When there are no other options, this can sometimes be a lifesaver. Interest rates will of course be higher than a traditional bank loan, but that’s because the money is so easy to get. Be sure to have a good plan to get the loan paid off because auto equity loans (title loans) are only meant to be used for a short term.
The Loans For Less Difference When it Comes to Car Title Loans
If you find yourself in need of a title loan, we encourage you to check out our competition. We’ll stack our rates and service next to anyone. We’re not afraid to be compared to every other title lender you can find. Our rates are typically 50% to 70% less than most everyone else. That’s a huge savings even over a few months. And, we lend more on your vehicle than everyone else too. It’s just what we do.
So even if you still money owe on your vehicle, if you have some equity, we can most likely help you get your hands on it when you need it fast and easy. Give us a call. We’re easy to talk to. Or Apply on Line. That’s easy to do to.
With our lower rates, compared to other similar lenders, you can even travel from outside of our normal service areas of Salt Lake City, Ogden, and everywhere around and in-between because you’ll save so much money. Get in touch with us as soon as you know you need help so we can put together something that will work for you. We look forward to seeing you!