How to Apply for a Loan When You Have Bad Credit

June 20, 2015 / Comments (0)

Millions of people have bad or no credit these days. Sometimes it is due to poor choices in the past that keep coming back to haunt you. In other situations, credit scores can be damaged by sources outside of your control. Unfortunately, securing an emergency loan with bad credit through traditional lenders is essentially impossible. Here at Cash Plus, we understand that mistakes happen, and we provide an alternative way for you to get the cash that you need fast – an auto title loan. Read on to learn about bad credit loans in Los Angeles.

What Is an Auto Title Loan?

An auto title loan is a loan that uses your vehicle as collateral. Instead of relying on traditional means of securing a loan, such as your credit score or financial standing, we simply analyze the value of your vehicle, and lend you money based on that. We hold onto your car’s title until the loan is paid back, and you get to continue driving your vehicle as usual. If you do not pay your loan back, your car may be repossessed as a last resort. If your car has value, you can qualify for bad credit loans in Los Angeles.

You Probably Qualify!

You might feel doubtful – that is completely normal. Many of our customers feel like the odds of getting a loan are comparable to winning the lottery. The simple fact is that most of them don’t realize that our bad credit loans in Los Angeles are very different than traditional loan options that most people are used to. If you have been rejected in the past, now there is a better option. With some basic paperwork and a car title, you can have the cash that you need in your hand today.

Getting Pre-Qualified

We streamline the process so you can get your money fast. First, fill out the basic form on our website. This tells you how much money you qualify for. From there, you can choose a loan plan that fits comfortably into your budget. A few minutes later, one of our helpful customer service representatives will get in touch through phone or email to help you complete the pre-qualification process.

Finishing the Easy Process

Once you are pre-qualified for bad credit loans in Los Angeles, all you need to do is process the necessary paperwork, and you will have cash in your hand within minutes. We will require your vehicle’s title and insurance information, a copy of your driver’s license, and proof of address. Other documents may be requested depending on the loan amount and other factors.

Making Payments

We work with our customers to come up with a payment plan that works. We don’t want you to struggle to pay back the loan, and we certainly don’t want you to fall further into debt. Before signing any paperwork, we will make sure that you feel comfortable paying the loan. The average time to repay bad credit loans in Los Angeles is 12 to 36 months. Of course, you are more than welcome to make multiple payments, larger payments, or early payments to bring your balance down as quickly as possible.

We Service All of California

Our agents are located throughout the greater Los Angeles area, but we are able to fund loans anywhere in California. If you’re not local to Los Angeles, don’t hesitate to get in touch with us. We may be able to send a loan specialist directly to your home or workplace. Here at Cash Plus, we go to great lengths to make sure that getting bad credit loans in Los Angeles and all throughout the Golden State is convenient and simple for you every step of the way.

Make a Positive Change

Cash Plus is here to make a difference in your life. We understand that sometimes finances become difficult to manage. Our loans have given countless CA residents that second chance that they so desperately needed. If you use your money wisely, this opportunity can be a monumental step towards a better financial future. If you have had a tough time in the past, it is time to take control of your finances with our bad credit loans in Los Angeles.

The Cash Plus Difference

Unlike many other alternative lenders, we really do want to see you succeed. Other bad credit loans in Los Angeles can make your financial problems worse. We value our customers, and we take important steps to make sure that they can pay off their loans. We work within your budget to provide a solution to your financial problems. There is absolutely no obligation to checking your status, and you can be pre-qualified in as little as two minutes. Why not look into your options? We are confident that you will like what you see.

Get Cash Today

Cash Plus provides you with a safe way to get cash immediately. While we do hold on to your vehicle’s title, you get to keep driving your car every day. As long as you pay back your loan, we give you the title back. Our terms are fair, and our customer service is exceptional. If other bad credit loans in Los Angeles have left you with a sour taste in your mouth, now is the time to embrace a better option. Contact us today for additional information, or simply fill out our initial form online today.