Apply for a car loan using a car's Title

Apply for a car loan using a car's Title
I am not new to acquiring loans especially one week before my monthly salary. I did personal loans many times before because I need to pay my telephone bills, electric bells, water bills and some time tuition fees for my kids. It is really very hard to budget my monthly salary now because before both us were earning and at least we were able to stretch our monthly budget. My wife worked as a clerk in our city but she was included in manpower reduction since she is not regular but rather a casual employee. Right now we are planning to have a mini store in our house to sustain our daily our daily expenses. The problem is we could not find a bank or company lender that would lend us money without collateral. I could not use my home as collateral because I am afraid I could not pay my loan and if they will take my house we are nowhere to go. I am also using my car to take my children to school and as a service for me to go to my field works. Personal loan is very small for us to start a new business which is mini store that I mentioned earlier.

I am positive that doing business will help us in the long run rather than working eight hours a day as employee and be fired later on without any warning. Right now we decided that I should be employed and my wife will start a small business until it will be able to sustain us. Many of my friends started small but now they have their business as their source of huge income without a boss to buzz them every day of their lives. 

Last week was the turning point when I met my old college friend who is now a very successful retailer, he told me about auto title loans. Honestly I never heard before that you can apply this kind of loan without surrendering your property as collateral. In this case I can still use my car to bring my kids to school even if I will use it as collateral. This loan is very convenient; you apply for a car loan using the car title. The loan will depend of course of what your car’s value. They approve it and you can still use your car. Isn’t it convenient?


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