At Amber Oaks Lending, we understand how challenging it can sometimes be to pay your bills. When you have an unexpected expense, it can be even more difficult. Sometimes, you simply do not have a lot of extra money for unexpected emergencies.
Our goal is to provide you with the highest level of customer service possible while assisting with your financial emergencies. We are located in Sherman for your convenience. If you should have any questions or ever need any assistance, we are here to help.
This includes understanding the legal requirements that apply to title loans in this state. Before we are able to issue a title loan to you, we must verify that you are at least 18 years of age. You cannot legally take out a title loan if you have not attained the age of 18. In addition, we cannot grant a title loan to you if you currently have any other liens or loans on your vehicle. This means that you cannot already have a title loan on your vehicle. The title of the vehicle must also be in your name. If you do not have an original title to your vehicle, you will need to obtain a title. You may be able to obtain a duplicate title to your vehicle by contacting the department of motor vehicles.
When you take out a title loan on your vehicle, you can continue using your vehicle just as you normally would. You simply need to make regular payments on your title loan. At Amber Oaks Lending, we work to provide flexible payment arrangements. Along with competitive interest rates, we also make it possible for you to refinance your loan if you ever experience any difficulties in making your payments on time. Also, if you choose to pay off your loan early, we will not charge any pre-payment penalty fees.
One of the more common questions we receive is whether there are any restrictions regarding how the funds from a title loan may be used. This is not the case. We understand that when you need a title loan, you are likely experiencing a financial emergency. There are no limitations regarding how your loan may be spent. Some of the more common ways for spending title loans include:
You are not required to be employed in order to be qualified for a title loan. The only requirement to have your application for a title loan approved is to be able to show that you have a regular source of income. Various forms of income that could be used for repaying your title loan include disability benefits, Social Security, unemployment benefits, alimony, Workers’ Compensation, or some other form of income.
A title loan is often much more convenient than many other lending options. Many people opt to apply for a title loan because their credit cards are maxed out and/or they are not able to qualify for a bank loan. Also, you may find that the payback time for a title loan is more generous than a payday loan. You may also be able to borrow http://rksloans.com/title-loans-or/ more money with a title loan than with a payday loan.
You will also find that you will receive a fast loan response when applying for a title loan with us. Bank loan applications can often be quite time consuming. Not only does it take a long time to complete the application, but it also usually takes a long time to receive a lending decision. We provide a near-immediate response to your application. If you are approved for a title loan, you will be able to receive the funds in your account within 24 hours. You can even complete the application for your title loan online, if you wish to do so. It only takes a few minutes to complete.
If you are having a difficult financial time and need a little help, we are here to assist at Amber Oaks Lending.
When you are having a difficult financial time and you do not know where to turn, we can help at Amber Oaks Lending. Any number of circumstances could arise that might cause you to experience financial problems. Perhaps you have been ill and out of work. It could be that you were laid off from your job or that you are facing unexpected bills. Whatever the case may be, we can assist. When applying for title loans Sherman residents do not have to be concerned about their credit scores preventing them from obtaining a loan. Many times, if you have a low credit score, you will be turned down for a loan from banks or other financial institutions. We do not even require you to grant permission for a credit check because we do not run credit checks. Regardless of whether you have a low credit score, have filed for bankruptcy in the past, or you have had a foreclosure, we may still be able to grant you a title loan.
Rather than basing your approval on a credit check, we instead accept your vehicle title as collateral for your loan. To qualify for a title loan, all you need is a vehicle title in your name. The vehicle title cannot have any liens or loans against it. You will also need to prove that you have a source of regular income for making your loan payments on time. When you apply for a title loan, you can rest assured that you could receive the loan you need without worrying about your credit situation.