|
What
is a "Title Loan"?
A "Title Loan" is a loan secured by your vehicle.
How
do I apply?
Click
here to fill out our online application.
What
do I need?
To
complete your loan, you will need to bring the following to our office:
- Vehicle
- Arizona Vehicle Title (If the current loan is not paid off and with another lender, current loan info is very helpful.)
- Valid Drivers' License or State ID
- Five References with Names, Addresses and Phone
Numbers. (They will not be contacted.)
| Helpful items:
Proof of Insurance (Comp. and Collision insurance info if loan is greater than $2000.)
Proof of Income (Paycheck
stubs, W2's, taxes, or bank statements.)
Proof of Residence (Rental
or mortgage agreement, utility bill in your name, etc.)
|
|
What
will it cost me?
5% per month on the principal unpaid balance.
How
long does this whole process take?
With
all requested documentation, you'll have your money in less than 30 minutes!
Why
should I do my loan with Presto Auto Loans?
There
are several reasons why your "Title Loan" should be with Presto Auto
Loans.
- Cheaper
- No additional fees
- Presto's Title Loan payments include both interest
and principal.
Because Presto's interest is much lower than other companies,
Presto's
payments are rarely as high as other companies
interest only
payments. At
Presto, the amount that you owe will keep going
down with every payment you make.
- With every payment on time you pay both interest and principal - so at
the
end of the loan term you are totally paid off and we take
our lien off your
title.
- No prepayment penalty.
- We report all accounts to all three major Credit Bureaus.
- Help improve your credit.
- No vehicle year or mileage limitations.
|
|
|
