Why An Auto Equity Loan Is The Best Choice

An auto equity loan is one of the best ways to get the cash you need for financial emergencies. Whether you need a major car repair or are trying to avoid late fees, we can help you by offering you a loan secured with the equity in your vehicle. The process is easy, you will have access to the cash fast, and it’s better than the alternatives.
Just consider how the alternative stack up against our title loans to see that we are the best choice.

Sell Unwanted Items

This is great advice, but it has a few fatal flaws. First, it assumes that you have items of value that you no longer want just lying around. Second, putting it up for sale does not mean that you will find a buyer. Third, what will you do if you decide you want or need that item, but you sold it for pennies on the dollar? Unless you have already been considering selling an item, you are better off visiting us for a low-interest loan.

Borrow from Friends and Family. This is truly a dangerous ground. The fact is that most friends don’t want to loan you money, and they would really rather you didn’t even ask.

It’s not that they don’t cherish your friendship, but there will be a nagging fear in the back of their mind that you may not repay the loan. If something comes up and you are late with the repayment, it could create a chasm in the friendship that you can never overcome.

Borrowing from family is even worse because you still have to see them on holidays and at reunions. Are you going to worry that they’re talking to other family members about how they made you a loan? Will there be a family feud if you struggle to pay them back? It’s better to avoid these situations completely by just investing in an auto equity loan Grapevine with VIP Title Loans.

When you take an auto loan with VIP, your information is kept private, the loan is confidential and you won’t have to endanger personal relationships. We’ll work with you if you’re struggling to make payments, and you won’t have to put friends or family on the spot by asking to borrow money.

Borrow from Agencies

If you have great credit, then you can borrow the money from your local banker. Unfortunately, this isn’t an option if your credit is poor. That same bad credit means that you probably don’t have the funds available to take a cash advance on the credit card.

Payday lenders are available to provide you with a short-term loan, but you will have to repay that within a few short weeks. Are you really going to have the money on hand to make that payment? These lenders also may not be able to write the larger loan you need.

Before you start sofa diving for change and selling off your grandmother’s prized silver collection, call VIP to see how we can help you. Our loans are based on the value of your car, so your bad credit isn’t a problem. We offer larger loans, lower interest rates, and more attractive repayment terms than any other title or payday lender.