Title Loan Tips

What Are Short-Term Loans?

No matter how well we manage our money, unexpected expenses can still take a toll on our pocketbooks. Not all of us can borrow money from friends or family, which is why many choose to take out short-term loans. While getting the cash you need quickly can be tempting, there are several things you should consider before taking one out. Here, the experts at Rapid Auto Loans explain everything you need to know about short-term loans.

Tips For Saving Money on Your Monthly Electric Bill

The electric bill is one of life’s expenses that sneaks up on you. Depending on how you run your household or business, the cost can be frightful (and unexpected). Saving money on your electric bill frees money to spend on other necessities, pay off loans, and save for retirement.

What Are Some Payday Loan Alternatives?

When you find yourself in a rough patch, getting quick cash can be challenging. Many people resort to payday loans as their go-to option. Payday loans come with high-interest rates and can put your paycheck in jeopardy. Here are some payday loan alternatives to consider.

Do You Need A Cash Advance?

Are you in a tight financial situation and wondering how you can get out? A cash advance or payday loan are two of the resources available for anyone who urgently needs money. They can be lifesavers in unexpected situations such as house damage or minor car troubles. They also come with a lot of strings attached. One of the biggest being the astronomical interest rates charged for payday loans and the like. Rapid Auto Loans offers a better form of cash advance: a car title loan. With 30 minutes approvals and no-contact inspections, Rapid Auto has made the process easier than ever.

It's The Season of Giving; Do You Need Quick Cash?

Car title loans give you quick cash when you’re having trouble financing Christmas or Hanukkah gifts this holiday season. These loans use the value of your vehicle as collateral for your loan. Ultimately, car title loans can also help you stay current with your bills.

The Five Perks Of An Auto Equity Loan

As much as we try to be responsible adults and plan ahead with our finances, there are often times where life simply has other plans for us. An auto equity loan is one of the best options if you run into an emergency and urgently need access to money.

Applying for a Car Title Loan

A car title loan is a type of loan where the borrower uses their car to guarantee the repayment of the loan. The borrower gives the lender their car title to use as collateral for the loan. This allows the lender to offer you a lower interest rate on your auto title loans because they are less at risk if you default on your payments.

Car Title Loans: Rapid Auto vs. The Competitors

Car title loans offer quick cash to someone facing financial hardships and needing emergency money. These loans use the value of your vehicle as collateral for the loan.

personal loans

personal loan can be a lifesaver for those unexpected emergencies in life. Whether it's the washer that's packed up, or some unplanned medical expenses, unwanted expenses have a way of piling up at the worst times. Sometimes we just need that bit of extra help. But how do you qualify for a personal loan when you have bad credit? Here’s some news you may rather enjoy: You are not your credit score, and it is possible to get a personal loan with bad credit.

Get The Funds You Need With Quick Loans Regardless Of Credit

If you’re in search of fast funding, a quick loan could be your best option. Quick loans, such as car title loans, allow you to obtain the funds you need and still drive your car. Learn more about car title loans and how they work.

Are Title Loan Companies Trustworthy?

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. 

How Do Title Loans Differ From Payday Loans?

Times are tough, and we all know what it’s like to need some extra cash. At a moment’s notice, your entire world can flip upside down, and you could need some help. Well, if this happens, you’ll have a few options available to you. Two common loan options are title loans and payday loans. Let’s look at the differences to see what’s best for you.

Quick Cash When You Need It

There may come a time when you need quick cash and seem to be out of options. Fortunately, Rapid Auto Loans has a solution. It may be that you are struggling with a negative credit history, but this shouldn’t prevent you from accessing quick cash when you need it! At Rapid Auto Loans, we can assist you in borrowing money based on the current equity of your vehicle. Let’s look at how this works.

Personal Loans vs. A Car Title Loan

Sometimes, the money that we need isn’t always available. Whether you need to pay for unexpected medical bills, plan a wedding, or even make rent, there are various financing options available. In most instances, personal loans require a decent credit score and lengthy paperwork. In comparison, car title loans work differently, allowing for fast approval and no credit check.

apply for title loans online

At Rapid Auto Loans, we offer title loans online to those looking for ways to get emergency cash when they need it most. Unlike a payday loan, this loan uses the vehicle’s value as an exchange for funds. We never look at your income or credit score to provide these loans. Ultimately, the amount of money you can borrow with title loans online will depend on the value of your vehicle. The average loan from Rapid Auto is $2,000.

Rapid Auto Loans is a consumer finance company licensed under Florida 516. The term title loan is used for marketing purposes only.
All loans have a repayment period of 12 months and there is no minimum prepayment penalty. Interest Rates are determined and approved by the State of Florida based on the borrowed amount and the maximum APR (which includes interest rate plus fees and other costs for a year) is 30%. You pay interest only for the time your loan is outstanding. Below is a representative example of the total cost of the loan, including all applicable fees:
3,233.68

APPROVED LOAN AMOUNT

0.00

Government Fee

25.00

Credit investigative Fee

11.55

Documentary Stamp Tax

3,270.23

Total amount Financed

11/1/2016

Original Loan Date

29.07%

APR

316.39

Monthly Payment (x12)

Rapid Auto uses “Auto Title Loans” for advertisement purposes only and provides auto equity loans. The lenders are licensed under the “Florida Consumer Finance Act” under Florida Statute 516 and as such lenders loans is exempt from any licensing requirements under the “Florida Title Loan Act” to the extent that any of lenders activities involve the making of a loan of money to a consumer secured by bailment of a certificate of title to a motor vehicle.