Utility Truck Title Loans
We are now offering utility truck title loans to our customers. In order to qualify for the loan, first and foremost you have to be able to prove income. Whether you receive disability, ssi, unemployment, it will have to be proven. If you are self employed you will have to provide bank statements.
If you are self employed but don’t have a bank account you will not qualify. You would then need a cosigner.
If you have a job where they take taxes, social security, benefits, out we will need to see your most recent paystub. If you have an open bankruptcy you will not qualify. No more than one repossession.
- You only need to have a 510 Fico Score to qualify. This is down from a 530 which it was before. We will pretty much look at anything over a 500.
- Minimum car value $2,250. Extra $250 allowed to take care of DMV Fees.
- Income has to be at $2,000 per month. $2,500 if there is a co-signor to meet the required amount.
Utility truck title loans are loans where your utility truck is the collateral in the loan. You can continue to use you utility truck for work while paying the loan off. This increases borrower confidence knowing that they can still use their vehicle to work.
Utility truck title loans are short tern high interest loans. Utility truck title loans are generally for people with challenged credit. Title loans are generally used for emergency situations like bail money, funeral expenses, medical bills, rent, immediate home repairs like a bad roof, water damage, etc. You may want to consider asking a family member or friend if it’s possible to save on the interest. If not we are happy to help.
Call us for a free quote (855)334-5525.