Apache Junction Truck Title Loans for Cash
Trucks are a valuable tool in the Valley of the Sun. Especially with the incredibly rapid construction happening in what seems every corner of the valley, trucks are becoming more and more valuable by the day. Maybe you’re in construction, or have a truck, and need fast cash. Get an Apache Junction Truck Title Loan with the leading Apache Junction lender: Phoenix Title Loans. We’ve been lending on trucks for over a decade, as well as vehicles, making us absolute experts at the valuation of trucks.
Why does this matter? Because if we know the accurate worth of your vehicle, we can get you the most cash, and feel confident about our loan allowing us to offer favorable title loan terms as well.
What Kind of Trucks Do You Loan On?
We can do truck title loans on anything you can drive down to us. Whether they’re your good old traditional pickup truck, a commercial truck, or some kind of construction truck, it’s good for cash. We’ve done truck title loans on entire fleets before — Phoenix Title Loans are truly the experts.
As a professional lender, we do highly suggest that you make sure that you bring your truck to one of our eleven locations in the best possible condition. This means, inside and out. Because our associate will note the make, model, year, color and mileage at the beginning of the assessment. Followed by examining the exterior and interior’s condition. As well as have you start the vehicle to listen to the engine, and its overall running condition. After that, you both will return inside, to check the current market value, and continue with the paperwork.
We also base our valuations on a fair market price: Kelley Blue Book’s Private Party value. There’s a secret Black Book that many of us might not know about unless you’re in the industry that also gives estimates, but that’s not how the majority of us actually value our trucks so why would we use that? Our Apache Junction Truck Title Loans are fair and accurate to get you the most amount of money.
Apache Junction Truck Title Loan Payment Information
So how’s the whole repaying of the Apache Junction Truck Title Loan actually work? Pretty easy actually. Once you’ve secured an Apache Junction Truck Title Loan from us, you don’t have to make a payment for 30 days. Each month, all that we require you to pay is the interest that accrues over those 30 days until you’re ready to pay back the loan. It’s always a wise idea to pay a little more than what the minimum monthly payment is as this lowers your future monthly payments, and helps begin to pay off the principal balance.
Or, you can choose to have your title loan set up with amortized payments. Which means that when the loan starts out, the majority of your payment goes towards the interest. But, with each payment, a little bit more goes towards the principal with each payment. Therefore, by the end of loan, the majority of each payment is applied to the principal. And, usually the last payment, is actually the final payment. However, there could be a bit of principal remaining. So, please clarify with our associate before you sign the paperwork.
If you’re ready to get the cash you need with an Apache Junction Truck Title Loan, reach out to Phoenix Title Loans today! We have an Online Title Loan Application, and a live chat active most hours of most days. We’re also open on Sundays meaning we can get you the cash at whatever day you need it on.
DISCLOSURE: Loan amounts, terms, and rates vary by applicant and are subject to final approval. Not all applicants will qualify for the maximum advertised amount. All loans are secured by the value of your vehicle, which must be titled in Arizona and owned free and clear, unless otherwise stated.
Representative Example: A $2,000 auto title loan with a term of 12 months and an annual percentage rate (APR) of 35.99% would require 12 monthly payments of $200.96, for a total repayment of $2,411.52. All applicable fees and finance charges are included in the disclosed APR. This representative example is typical of a preferred loan with 25% Loan-to-Value ratio, $5,000 loan amount minimum, and a credit score of 700 or higher. Actual loan terms may vary based on vehicle value, requested loan amount, repayment ability, and applicable state regulations.
Early repayment is allowed at any time without penalty. Paying off your loan early may reduce the total cost of borrowing. Borrowers may be eligible for interest reductions when loans are paid off within an early payoff window, where applicable. We do not require a credit check for most auto title loans; however, all applicants must demonstrate the ability to repay the loan. Proof of income may be requested for underwriting purposes but is not always required for approval.
Approval times may vary and are subject to identity verification, vehicle inspection, confirmation of clear title status, and review of all required documents. While many loans are funded on the same day, some may require additional time for processing.
Phoenix Title Loans, LLC complies with all applicable federal and state lending regulations, including but not limited to the Arizona Revised Statutes Title 6, Chapter 5 and Title 44, Chapter 2.1, the Truth in Lending Act (TILA), and the Equal Credit Opportunity Act (ECOA). We are committed to transparency, fairness, and the responsible servicing of every loan. For borrowers who prefer to communicate in a language other than English, translated disclosures may be available upon request.
