Auto title loans are a quick way to get that much-needed cash. But how do you know if they're trustworthy? What if you're getting involved with a scam? The good news is that there are trustworthy title loan companies out there. But you need to know what to look for.
Want to know if the title loan company you're working with is legit? Here are some things to look out for!
Using these tips, you can identify whether a title loan company is trustworthy and worth giving your business. Remember to keep these things in mind when researching a potential lender; before giving them any personal information.
Online reviews are a great way to see how others have experienced the company. You will soon be able to see if the public consensus is more positive or negative. If the majority of the reviews are positive, then take this as a good sign. Be sure to check for different names under the reviews. If they're all written by the same person, it may be a scam. If the wording is too generic, this should also be a warning sign.
Can't find any reviews? Well, then it's best to be cautious.
State registration is a big one and will help to put your mind at peace. In Florida, financial consumer companies should be licensed under Florida Statute Chapter 516. This license allows for a lender to conduct business in Florida. Without a regulatory state license, you should be very cautious to proceed. Just because a finance company has its licensing information visible, doesn't mean it's legitimate.
For complete peace of mind, you can always check with your individual state's agency. A registration check is important when searching for a trustworthy title loan.
Just because a company has a website doesn't mean that it's trustworthy. A tip is to look for the padlock symbol found in the URL bar. Also, check to see that the URL starts with "HTTPS" and not "HTTP". Both are signs that the website is encrypted and secure.
The first thing to do is to check for a phone number. If you can't find one, then proceed carefully. It's best to call the number and ask one or two company-related questions. This will help you to verify the identity of the company. Next, look for a physical address. Once you find this, look it up on Google Maps to confirm that it is a business.
At Rapid Auto Loans, we will set your mind at rest that we are who we say we are. Not only do we follow all the above requirements, but our team speaks for themselves. We have a unique business strategy when it comes to car title loans.
Here's what sets us apart:
Our application process is simple. You start by completing our online application or by calling in. We then determine the amount that you qualify for based on the information you provide. Next, you'll have a quick appointment at one of our authorized inspection centers. Lucky for you, these are scattered all over Florida! After the interview, we'll verify you, and you'll leave with your check in hand. It's that simple.
We don't base your auto title loan application on your credit score or your bank account behavior. We believe that your financial affairs should remain private. We don't require proof of income or expenses. We determine your funds based solely on your vehicle's value.
We also offer easy finance plans. These are designed so that you will only pay a total of 12 monthly payments. And you will only start paying after the first 30 days. We also offer our clients a 10-day grace period on every payment. Our relationship with our clients is what's important to us.
Rapid Auto Loans has Florida covered. Our solid reputation and unique approach to title loans are what sets our company apart. Why not give us a call and chat with one of our friendly team members. You will immediately start to feel peace of mind. Give us a call at 954-678-5781 or check out Rapid Auto Loans on Facebook for that peace of mind.
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