What Type of Vehicles Do You Do Title Loans On?
The most common items that we loan on in Mesa are cars and trucks, as they are the most popular among our customers. However, we actually loan on a wide array of different vehicles, including but not limited to, mobile homes, classic cars, boats, airplanes, helicopters, dune-buggies, ATVs, motorcycles, RVs, and so on. Check out some of the vehicles that we have recently loaned on in Mesa.
How Interest and Repayment of Your Loan Works
We are completely flexible on the term of the loan and monthly payments. You can pay interest only, the entire loan off at any time and everything in-between. You loan on a month to month basis or as long as you like as long as your loan to value stays in line. Let’s say that you have a car that is worth $10,000 and you borrow $7,000 on it. You choose to pay interest only and your now owe $10,000 on the car, we will ask you to pay down some of your loan so that your loan to value stays in line.