Is a Car Loan the Best Way For You to Get Extra Cash?

Is a Car Loan the Best Way For You to Get Extra Cash

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So you find yourself suddenly short of cash. Happens to everyone from time to time. Perhaps it's this unexpected bill coming in that you hadn't budgeted with, or your boiler decided to break down on you. And you just know the bank isn't going to lend you any money since you and them don't really see eye to eye. What ever, you ask a ted retorically, should you do?

Go out into your drive way and take a look, buddy. If your car is from 1996 or later, you're in luck. You can actually use the collateral in your car to secure a loan right here in Fullerton, California. These car loans, also referred to as pink slip loans, auto title loans or auto loans, are the one way that nearly anyone can secure a bit of extra cash these days.

So how do you do this?

First, dig out the pink slip of your car. You know, the one that says you are the owner, clear and free, and everything. You will also need to make sure that you have a clear title, which means that it is completely paid off and it should not currently be used as collateral. Other things that you need to bring when applying for a car loan using Car Title Loans in Fullerton include personal references, proof of residency, proof of income and proof of identity. You will also need to make a comparison of the rates of interest used by the various loan providers. Finally, make certain that your budget can easily handle the payments.

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