Can’t Pay Credit Card & Concerned About It Affecting Your Credit Score?
With the convenience of on-line shopping now, you can literally buy anything and everything with one click on your screen. However, such a convenience can also become problematic. Because with it being so easy, you can easily overspend and become addicted to on-line shopping. And before you know it, the credit score you worked so hard to achieve, can be affected quickly, if you can’t pay credit card payments in a timely manner. As a result, your credit score can quickly drop, and will need a lot of time and due diligence to raise it to its prior status.
It’s not realistic to just stop paying credit card debt and stop worrying about it, and it will all just go away. Because your credit score depends on making your payments on time. And with every late payment, or payment missed, is reflected on your credit score and affects your credit rating. However, Phoenix Title Loans, LLC is here to offer a way of how to consolidate credit card debt without hurting your credit, with our title loans. Because our title loans are secured and confidential personal loans that can help you get caught up, and back on the right path.
Here’s One Way of How to Get Out of Debt
At Phoenix Title Loans, LLC we are here with a temporary solution if you can’t pay credit card debt or are having a hard time getting caught up. With a clean and clear title on your vehicle, we can provide the highest cash offer on a title loan, with flexible options to set up payment plan. Why choose a title loan? Because the secured personal loans we offer, can put cash in your hands in less than an hour, are completely confidential, and never affect or are reflected on your credit scores.
Most importantly, our assessment of your vehicle’s value determines our cash offers. And we offer the highest amount possible, and turn it into the fast cash that you need when you can’t pay credit card’s monthly minimum, and need to get caught up.
How Our Secured Personal Loans Differ from Traditional Lending of Banks & Credit Unions
It is possible to get secured personal loans through the means of traditional lending. However, Phoenix Title Loans, LLC only requires your current and valid identification, a clean title and verification of your living address and to bring the vehicle for an assessment to one of our 11 locations. Because our title loans are based on the collateral brought in, to turn into cash when you can’t pay credit card debt or other obligations.
A secured personal loan from a bank, credit union or other traditional lending source requirements are excessive. Therefore, if you are trying to get caught up or can’t pay credit card debt, their personal loans will rely and be reflected on your credit score at the end of the day. They check your credit score and history, debt-to-income ratio, proof of income and employer, and still wait for an approval on a loan. In addition, according to Forbes Advisor, your credit score has to be at least 670, a DTI ratio of less than 36%, and consistent and a proven record of steady employment to be considered.
In the end, yes, we can help you get caught up if you can’t pay credit card monthly payments, and help you stay afloat. Although, we aren’t the only option you have. If you are looking to consolidate your full credit card debt, or are needing credit card consultation, debt relief & debt management, it is best to get a consultation from a source such as National Foundation for Credit Counseling, or another agency that specializes in these matters.
Get a Head Start Before You Arrive at One of Our Locations
Complete our loan application below, or click on the right side bottom of your screen for assistance via our Live Chat. They can answer any questions you may have, and begin the process online, before you arrive at one of our 11 locations from Avondale to Casa Grande!
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.
