New Auto Title Loan Payment Process!

By: PRLog
Exciting news and another example of companies striving for a better way of business. A new installment type of payment plan for auto title loans has been implemented by some Phoenix Arizona title loan providers. Now you pay the principal and interest with every title loan payment made. Plus you can choose how long the loan term will be with a maximum of two years and a minimum of one month.
PRLog - Oct. 21, 2014 - PHOENIX -- With the economy unstable, at best, many people find that they need a short-term loan from time to time to help them get through difficult times. Consumers can use short-term loans to consolidate debts, deal with medical issues, fix unexpected home repairs or get out of a jam.

While there are a number of different options for short-term loans, some companies have loan products that may be ideal for certain customers. Examples of short-term loans are title loans, pawn loans and personal loans. A few loan comapanies offer all of these types of loans and have a new installment auto title loan making it easy for customers to break the cycle of debt. These new auto title loans are set up with generally a two-year cycle. Each time a customer makes a payment, part of the interest and part of the principle is being paid. The customer also has the option to pay the loan off early saving them money in the long run. They may also be able to choose a shorter initial loan term.

This type of title loan payment cycle ensures that the loan debt is being paid off each month. Now short-term loan companies can offer a simple process for lending that makes it easy for nearly any vehicle owner to qualify for title loans. If you live in or around Phoenix Arizona and you own a vehicle, you will probably qualify and may be able to take advantage of this new type of title loan process. An auto title loan can help solve financial problems that traditional banks and institutions may not be able to solve.

If you find yourself in a financial crunch, can not borrow money from someone or can not pass a credit check. These type of loans are a simple remedy and are additionally ideal for those with bad credit. As long as you have a clear title, plus a few more qualifications, you will most likely walk out with cash in hand. There is no limit either with certain lenders, many will work with you to determine the right amount based on the value of your vehicle and other factors.

Visit here to learn more about how to get an auto title loan or visit Arizona Title Loan Information. There you will find detailed options and a path to experts that will be happy to work with you and help you determine the best type of lending product.

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