Download
1 / 2
20 likes | 28 Vues
Do you have a title loan that you want a company to buy out. The reasons people may be looking for this is to lower their interest rate, or to increase the size of their loan – ie to get more cash from their loan. Or perhaps you are not happy with your current title loan lender for a number of reasons – are they being not as friendly as you would like or perhaps they are threatening to repossess your vehicle for late payment. There are companies out there that buy out title loans.
E N D
Companies that will Buy Out Your Title Loan Do you have a title loan that you want a company to buy out. The reasons people may be looking for this is to lower their interest rate, or to increase the size of their loan – ie to get more cash from their loan. Or perhaps you are not happy with your current title loan lender for a number of reasons – are they being not as friendly as you would like or perhaps they are threatening to repossess your vehicle for late payment. There are companies out there that buy out title loans. How to choose a car title loan buy out company Most auto title loan lenders are able to help buy out a title loan. They also call to this as a refinance – because essentially that is what is happening, they are buying out your loan. We finance a whole lot of other companies title loans, and can help you avoid repossession today! Contact True Financial, we are based in Los Angeles, California however we are affiliated with lenders throughout the US that are able to help you refinance your loan. Case Study 1: Max had been in a title loan for 2 years and was not happy with the amount of interest he was paying. He got behind on payments due to some issues not getting enough overtime at his casual job. He contacted True Financial. Upon looking at the loan he had with another lender, we were able to refinance Max’s loan and save him $180 a month. It also gave Max some time to avoid repossession and get his finances back on track. Case Study 2: Avril lived in long beach and approach us asking us to buyout a title loan from another lender. She had tried negotiating with her current lender as she was wanting to take out more money on her loan as she wanted to borrow more to pay for some medical bills. After inspecting her vehicle, which was over 10 years old, we were able to refinance Avril into a lower interest rate loan the same day as she applied for finance. Title Loan Refinance steps When looking for lenders when you want to refinance a title loan, there are a number of things you can do so that you are prepared to help get you the most competitive offers. Firstly, make a list of lenders that you want to approach. You can compile the list from reading online reviews or from looking up lenders in the phone book. Make sure you find a lender near you as many states have different licencing requirements. Next, have a look at the reviews online for the lenders and find out what other customers experiences has been with that company. Chances are, if others have had bad service then you will be no different. Some online title loan lenders are large while other smaller lenders offer a more personalized approach to service and collections on the loan. Next you will want to reach out and make contact with the lenders. Many lenders allow you to apply online for a title loan refinance but often if you prefer you can go in and visit the lender in person. While this takes more travel time, it may provide for a more seamless one
stop shop approach to obtaining a refinance. That’s where it helps to find a lender that is located near you, many lenders are have multiple locations, such as offices throughout Los Angeles in cities covering such diverse areas and locations such as Whittier, Long beach and Santa Ana. When you go in you will need to let the lender know who your current loan is with and how much you owe. Don’t worry if you do not know exactly how much you owe as the lender you go to would be able to contact the other lender to obtain the payout or payoff figure for your loan.
