Is there any Pay day auto loan place that does auto loans where you don’t need a title?
I am looking for a payday auto loan. I have a car but I am still paying car notes on it. I heard there are auto loan places out that that does loans and you don’t need the title.
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December 12th, 2010 at 5:32 am
I would say skip on the pay day loan. Unless you have a really good job and know FOR SURE that you can pay it back when it’s due. I was actually looking into them for the first time a few weeks ago when my husband and I were low on money and had some bills due. However, after researching it, I found out that most people end up paying more in interest fees than the loan was to begin with. Isn’t there someone you can borrow money from or do you have a credit card? I know credit cards aren’t great either but the interest paid on that would be a lot less than a pay day loan.
Just type in pay day loan online and it will pull up a bunch of sites. Some of which do not require any info about your car. They just take your checking account info and take their money back that way…so make sure you are going to have the money there for them to take if you do decide to go this route.
Good luck.
December 12th, 2010 at 6:31 am
No there are not. I assume you are asking about a title loan not a payday loan. When someone takes out a title loan you are pawning your car but if you don’t have a title you don’t own the car so you have nothing to pawn. You must give them the title to get any money.
I believe all you need for a payday loan is your most recent paycheck to prove you have a job.
Either way, payday loan or auto loan the cost to you will be astronomical. If you’re not 110% you will be able to pay it off in a couple of weeks avoid them like the plague. They are all little more than thieves preying on desperate people.
December 12th, 2010 at 7:16 am
If you want to find the lowest auto loan quote, try this site
http://Best-Auto-Loan-USA.com
Here you can get quotes from all auto loan companies in your area, its the best way to find an affordable auto loan with a reliable company.