By carloansadmin • January 8, 2014
Many consumers have had their credit report damaged due in part to the current economic problems around the country. Problems with your credit score can leave you with remarkably fewer options for money in times of trouble. If you are in need of money, but have imperfect credit, there are only a few choices available for you.
While a long-term loan from a bank could be a good option, unfortunately, these loans are not available and not a good fit for many consumers. First, long term bank loans tie up consumers for long loan periods, up to 36 payments or more. Often, these loans are based primarily on credit history. This means many consumers will have trouble obtaining a loan. Lastly, a loan from a bank can take a relatively long time to process and obtain. In many situations where you need money, you need it immediately.
Another option for a consumer with poor credit is payday loans. While these are short-term loans, the problem with payday loans is extremely high interest rates.
The better option for short-term loans is a title loan
on your car. This a loan based on the value of your car and your ability to repay, and which can provide a comparatively lower interest rate than payday loans. We offer multiple repayment options, and scheduling around the customer’s payday and bill due dates. We do our best to work with customers so that payments can be made.
A car title loan stands out as a terrific option for consumers with limited or no credit history, but who own a car with a clear title. With us, there are many repayment options. You do not have to give up your car during the course of the loan, which is required by many other car title companies. Give us a call or put in an application on our site. We can get the loan process started quickly.
The post How Do I Get a Loan with Bad Credit? appeared first on (EN) 1(800) Car-Title®.
USA Patriot Act Disclosure: Important information about procedures for opening a new account
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you apply for a loan, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.
Loans may be made by one of several lenders, including: Wilshire Commercial Capital L.L.C. dba 1 (800) Car-Title and Wilshire Consumer Credit, a licensed lender in certain states. Loans not available in all states. In California, loans are made pursuant to a Department of Business Oversight California Finance Lenders License. See State Disclosures for additional information.
Accessibility Statement. We are committed to ensuring digital accessibility for people with disabilities. We are continually improving the user experience for everyone and applying the relevant accessibility standards in compliance with Web Content Accessibility Guidelines. For feedback on our website accessibility or if you have any problems with the access of our website please call our toll-free number 800-589-0290 or email us at WilshireCustomerCare@WilshireConsumer.com and we will assist you.
Wilshire Commercial Capital, LLC dba 1 (800) Car-Title and Wilshire Consumer Credit is located at 4727 Wilshire Blvd, Suite 100, Los Angeles, CA 90010.
TO REPORT A PROBLEM OR COMPLAINT WITH THIS LENDER, YOU MAY WRITE OR CALL Tracy Bergiman, Director of Compliance, 4751 Wilshire Blvd. Suite 100, Los Angeles, CA 90010, 323-837-5775, tbergiman@westlakefinancial.com.
New Mexico Only: This lender is licensed and regulated by the New Mexico Regulation and Licensing Department, Financial Institutions Division, P.O. Box 25101, 2550 Cerrillos Road, Santa Fe, New Mexico 87504. To report any unresolved problems or complaints, contact the division by telephone at
(505) 476-4885 or visit the website: https://www.rld.nm.gov/financial-institutions/.
Copyright. Wilshire Commercial Capital, LLC. dba 1 (800) Car-Title and Wilshire Consumer Credit. All Rights Reserved.