Registration Loans in Phoenix to the Rescue!

Have you ever felt as though you were drowning in bills? Perhaps you and your family were hit hard financially during the Covid-19 pandemic or you just started a new job, but are still falling short. It is ok. Registration loans in Phoenix are here to rescue you from unpaid bills and excessive, unnecessary late payment fees. And, your best bet is to visit a 1 Stop Title Loans location for help.

But, I Don’t Own My Car! Can I Still Get a Registration Loan in Phoenix?

Registration loans in Phoenix were designed for this exact purpose. Many people think they need to completely own their car, without any lienholders, in order to secure a loan. This is untrue.

A registration loan in Phoenix still allows you to use your vehicle as collateral to obtain a loan. A registration loan in Phoenix is a way you can get money by using the registration of your car. This means that you are still making payments on your car to a lender, like a bank or credit union. You can get a lump sum of money with a registration loan, should the need arise.

How Long Does it Take to Get Cash After Applying for a Registration Loan in Phoenix?

Applying for a registration loan in Phoenix is easy and you can get cash fast. You can begin the application online, by phone or in person. You must finish the process in person at one of these fine locations.

What Do I Need to Get a Registration Loan in Phoenix?

If you are ready to apply for a registration loan in Phoenix, you will need a few things to get started. The following is what you need to have when you apply for a registration loan at 1 Stop Title Loans:

  • Current Arizona Registration
  • A recent bank statement
  • Account number and a debit card
  • Proof of income (pay stub, pension statement, etc.)
  • Proof of residence (i.e. utility bill)
  • Bring your car
  • Have a valid ID and be 18 years or older

What Can I Use the Money For?

There is really no limit to what you can spend your cash on, once you receive your fund from your registration loan in Phoenix. Here are some great ideas:

  • Pay off a bill or loan that you have fallen behind on.
  • Take a mental health day from work or splurge on a vacation.
  • Help a friend or family member out that might be going through rough times.
  • Get your pet to the vet if they need a check-up.
  • Buy prescription glasses, contacts or get that dental exam you have been skipping out on.

Can a Registration Loan in Phoenix Take My Car?

The good news is that you do not have to give up driving your car while you make payments on your registration loan in Phoenix. However, you must continue to make your payments on the due date. Failure to keep making payments could result in your car being repossessed. This means that your lender can take your car if you fail to pay off the registration loan in its entirety.

Usually, your lender will attempt to collect the remaining debt themselves or possibly assign the account to a third-party collector. They may also take additional action and sue you in civil court for the balance. This may mean your wages are garnished for the amount you owe.

Your best bet is to only take out a registration loan in Phoenix when absolutely necessary. It is also important to always make at least the scheduled, minimum payment. At 1 Stop Title Loans, we will work with you and your budget.

Why Should I Trust 1 Stop Title Loans for a Registration Loan in Phoenix?

1 Stop Title Loans is the valley’s leader in title and registration loans. Our friendly customer service is second to none. We want to see you succeed with your finances and be confident in your decisions. The best part is that we do not charge any prepayment fees. This means you can pay your loan off early, at no extra cost!

Final Thoughts on Registration Loans in Phoenix

For millions of Americans, tough financial times are commonplace. For those in Phoenix, you can rest easy at night knowing that there are options out there, like a registration loan to help get you by for the moment. We are here to help you weather the storm.