Title Loans Maryville, Tennessee
Ah. The salvage car title loan. Some lenders don’t even want to talk with you about them. Their reluctance, while understandable, isn’t always well-founded. Although it’s true enough that these types of loans do sometimes come with their challenges, we here at Loan Cheetah have been pretty successful when it comes to offering our clients different kinds of loans, including salvage title loans.
If you’ve come here, thinking that it’s pointless to even inquire about our different types of loans, including the salvage loan, we ask you to reconsider. We’d love the opportunity to tell you more about our loans. Even if it turns out that your salvage, well, can’t be salvaged, we do have other types of loans that you could qualify for, including flex loans.
So how about some definitions? Those should help you as you try to decide which option would work for you.
First, let’s chat about traditional title loans. That’ll give you a basic understanding of what title loans in Knoxville/ Maryville can do for you. A title loan allows you to use your car, motorcycle, RV, or truck as collateral for a loan. Since you are giving us actually physical security for your loan, we won’t need to run a credit check.
Now, the salvage title loan is still a title loan, but it’s a bit trickier. If your car has been wrecked, and it costs more to fix it than it’s worth, you may opt to scrap it. You may also decide to have it fixed and get it into good working order, but it’s still marked a salvage on the title. You could get a title loan still, but that will require some legwork. (We can help you with that).
Either way, the amount of money you might possibly be able to borrow is less than a regular title loan. This type of title loan requires more creative thinking, but it’s not completely impossible.
Finally, there is the flex loan. This isn’t a loan in the sense that the two above are. For one thing, you don’t need collateral like you do for title loans. This counts as a line of credit instead just like your Visa or MasterCard does. You pay on it as you go. As you pay, your credit line opens up.
It also comes with an open-ended pay-off date, meaning that like your credit card, unless you cancel it and pay it off, it’s perpetually open-ended. This is the type of loan we were referring to earlier when we said that if you couldn’t get a salvage title loan, you still might be able to qualify for a loan.
Why not read on and learn about the application process? The hard part is really over now.
Title Loans Maryville: How to Apply Using Our Form Online
We encourage you to go ahead and apply for a title loan. We’ll only need a bit of info to get started. If you’re still not sure you qualify, sit tight. Once Loan Cheetah receives your application, someone from our office will call you. You’ll have an opportunity to visit about all of our loan opportunities to help you decide which is the best one for you.
But we’re getting ahead of ourselves. For right now, we need:
- Your name
- Your zip code
- Your phone
- Your car’s model
- Its year
- Its mileage
Once we receive this information, we’ll shoot you back a loan quote. This is based on the value of the vehicle. Following the quote, you’ll also get a call from the Loan Cheetah office near you.
This is really the time to chat with us about all of our loan options. If you have a salvage title vehicle, we can visit about that. We can also delve into a flex loan or a regular title loan during this conversation, too. You should come away from this phone chat feeling confident that you’ve found the right option for you.
Title Loans Maryville: Your Protections Locally and Federally
Title-loan companies must follow some pretty strict guidelines in order to operate in Tennessee and around the country. There are laws in place federally and here in the state that dictate this. For you as the borrower, this means that you enjoy a great deal of protection for that is part of the reason why the laws exist.
In more concrete terms, this means you’ll get a contract from us. You’ll see information like pay-off dates, type of loan, the interest rates, and other information.
Again, if you’re not really sure which one of the loans offered by Loan Cheetah would be right for you, please ask. We’d love to help you!
Final Thoughts on Why You Should Borrow
- Loan Cheetah has a number of different loan types from the salvage title loan to the traditional title loan as well as the flex loan line of credit.
- Your credit doesn’t play a role in the process.
- Apply for the title loan online at your convenience.
- Borrow with confidence. You’re protected by Tennessee law as the borrower.
How about learning more about title loans in Maryville today? It could be your best decision all week.
