Title Loans Germantown, Tennessee
Borrowers have an advantage when it comes to refinancing title loans in Memphis/ Germantown. With loan options like flex loans as well as regular refinance plans, it has never been easier to lower monthly payments than it is now. Loan Cheetah offers would-be borrowers numerous options.
While very often people come to us looking for a title loan, a flex loan shouldn’t be overlooked: Each type has its advantages.
Here’s what you need to know:
A title loan is a collateral loan. In this case, your car or truck functions as the security for your loan. Your loan contract will have a specific start and end date. Once your last payment is made, your loan is paid off. If you’d like to get a new loan, you’d have to begin the process again.
A flex loan is really a line of credit. It has a definite start date, but an open-ended closing date. As long as you keep your line of credit paid up, you can continue to borrow against the line of credit indefinitely.
If you want to refinance your title loan, you have a couple of options that we can offer you. You can visit with us about refinancing your loan directly. Or perhaps you might even opt to roll the rest of the title-loan payment over into your flex loan so that you have one convenient monthly payment. Talk with us about it so that we can help you explore your options.
However, given that most people come looking for Loan Cheetah for a title loan, that’s primarily what we’ll concern ourselves with for the rest of this document.
Title Loans Germantown: How to Apply
We make applying for title loans in Germantown a very easy process. We’ve designed our application form to be tech-friendly. It’s accessible via computer, phone, or tablet. We also don’t need much information from you. Getting a loan from us is a whole lot quicker than getting it from some traditional lending institutions.
Here’s what we need from you:
- Your car’s information – it make/ model
- Its mileage
- Its year
- Your full name
- Your zip
- Your phone number
Once we receive all of this information, two things will happen:
- You’ll get a loan estimate from us. It’ll let you know the approximate amount we can give you on your title loan. It’s based on the data you’ve given us about your car. We don’t need to run credit, because you have loan collateral.
- You’ll get a call from one of our local representatives. He/ she can talk with you about any questions you have concerning your title loan, including letting you know when you can come in and pick up your money. You can also get some clarification on a flex loan if you’d like. That information will help you understand the difference.
Title Loans Germantown: How We Protect You
Title loans come with many protections built in. Our industry is highly regulated on both the federal and state level. These regulations serve as guidelines for us and as protections for you.
In more concrete terms, this is what it means for you:
- You’ll get a detailed loan contract
- You’ll find your loan amount in it
- You’ll see your interest rate
- You’ll find your pay-off date for the title loan
- Other pertinent information
Getting a Loan From Us
- Loan Cheetah has several different loan options. Choose from a title loan, a flex loan, or even a loan refinance.
- Applying is quick and easy.
- Our loan products can help you rebuild your credit.
- You’re protected when you get a title loan.
Why not explore all our loan options? Why not see what title loans in Germantown can do for you?
