Emergencies can happen at any time : Sometimes its ok to get a loan

Submitted by Autopawn

Emergencies always seem to happen at the worst times. Whether it is an unexpected house repair or braces for the kids, these little surprises often come when you are short on funds. You’ve heard bad stories about payday loan places, with their sky-high interest rates and severe penalties. You’d rather not ask relatives.

A new option to consider is a car title loan. With a car title loan, we lend you money based on the equity you have built up in your car. There are many reasons why a car title loan is a good option for you.

• You get to keep driving your car.
• With interest rates lower than payday loan places, more of what you pay brings down your principal and less goes to interest.
• No credit checks are performed and we do not report to a credit agency.
• Credit history is not a factor in loan eligibility, so don’t worry if you have had some bad luck in the past.
• No insurance is required.
• No hidden fees.

If you have a history of credit trouble, a car title loan can also help improve your credit rating.

If you have questions about car title loans or think a car title loan is a good option for you take a look at sites like http://www.autopawn.com/ for more information.

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