El Monte is a residential, industrial, and commercial city that makes up part of the sprawling and massive Los Angeles County. It is historically known as “The End of the Santa Fe Trail.” The Santa Fe Trail was an important way for men and women to travel from the East Coast to the West Coast and South to Mexico. Now, if you live in El Monte and are looking for a way to get some fast cash, you can use your form of transpiration – your car- the secure a car title loan.
Car Title Loans vs. Payday Loans
If you are facing a cash emergency, another type of loan you are probably considering is a pay day loan. While a pay day loan may seem like a good option, especially because it is an unsecured loan, there are a number of reasons why title loans should be the preferred method to same-day borrowing.
The main issue why car title loans should be the preferred same-day loan type is because unlike pay day loans, car title lenders will never charge unreasonable interest rates. A reasonable interest rate means that you won’t be gauged by lenders to borrow the money you need.
Equity Loans
All of our loans are from a licensed Californian lender. Whether you want to borrow $2,500, $10,000, or more, we can help you get the money you need to cover the expenses you have all in the same day that you apply. Turn your car into cash and continue driving and operating your car as normal throughout the life of your loan.
If you are wondering what you can expect to receive for you car, simply reference the Kelley Blue Book value. That is used by the vast majority of lenders when they decide what to offer you in return for your pink slip. There are a few things that you will need in order to qualify, but when it comes to receiving a loan, equity loans are some of the more forgiving lenders in the industry.
What Do I Need To Qualify For A Car Title Loan
If you are interested in taking out a car title loan, you should know what kinds of documents you will be expected to provide to car title lenders. Car title lenders can be different in terms of what is needed when it comes to approving applications, but there is a short list of documents that are typically required by all lenders.
Those documents are as follows:
- Drivers license
- A copy of your car title
- Proof of income
- Details of your vehicle
The entire process of submitting your application can take as little as 30 minutes. Here at El Monte Title Loans, we make it our priority to make sure that the process of applying and qualifying for your loan is as fast and as easy as possible.
One thing that you can do to ensure that your process goes quickly is to make sure that you also have the necessary proof of income so that lenders can know that you will be able to pay off your loan within your payment term. Even if you are unemployed, things such as unemployment, disability, social security, and more can be used as proof of income.
It is also wise to consider the fact that the better quality your vehicle is in, the better loan and deal you will receive.
Title Loan Lenders in El Monte
- TNL Car Title Loans ; 626-774-7580
11100 Valley Blvd Ste 333,
El Monte, CA 91731, USA - Check Into Cash ; 626-454-1103
12034 Valley Blvd,
El Monte, CA 91732, USA - Montana Capital Car Title Loans ; 626-238-0357
4101 Arden Dr,
El Monte, CA 91731, USA - Speedy Cash ; 626-448-2400
11000 Lower Azusa Rd,
El Monte, CA 91731, USA
About El Monte
El Monte has an interesting history when it comes to taking part in California’s iconic entertainment industry. El Monte is credited with being the birthplace of TV variety shows. Hometown Jamboree, a KTLA-TV Los Angeles-based show, was produced in American Legion Stadium in El Monte in th3 1950s. That isn’t the only legacy El Monte has in the entertainment industry. The city is also known for the long-time rock hit “Memories of El Monte” written by Frank Zappa and originally recorded by The Penguins.