As you shop around for low interest personal loans, you’ll likely quickly discover that many of the best deals out there require a good credit score. If you have a bad credit score, getting a low interest personal loan is far harder, but it’s by no means impossible.
In fact, if you need a loan today and you don’t want to face a credit score check, then consider calling us for a safe, reliable and affordable car title loan. We can award you thousands of dollars on the same day of request, without even checking your credit score!
Call us now at 1-888-500-9887 to get the money you need today!
To find out more about car title loans and other personal loans for bad credit with low interest rates, read on:
Bad Credit Personal Loans with Low Interest: 5 Options
Fortunately, even if you have bad credit this doesn’t necessarily mean you have to be saddled with a loan that has insanely high interest rates. To get the very best loan with a bad credit score, consider one of these 5 low interest loan options:
1.Take Out a Credit Card
While a credit card doesn’t mean a cash loan (unless you get a cash advance loan with your credit card) you could use a credit card to finance your current financial needs, but you’ll have to be careful. Credit card companies often lure in their customers by offering low interest rates, even to bad credit holders. The interest rate will skyrocket if you fail to repay the credit card regularly though, so you’ll need to make regular repayments in full if you want to keep your interest rate stable. Shop around credit card companies to find the lowest interest rates, and you should be able to score yourself a deal.
2.Get a Title Loan
A title loan works by awarding car owners with a cash amount based on the value of their car, in exchange for taking temporary ownership of your car’s title (also called its “pink slip”). To qualify for a title loan, the car owner usually must either own their car in full or only have a few remaining payments left, and typically the car has to be worth at least some set value (Car Capital’s loans require vehicles worth $5,000 or more wholesale value).
A huge benefit to taking out a title loan is that many title loan companies don’t require a credit check, so whether you have a good or bad credit score, your loan can still be approved without too much of a hassle. What’s more, many title loan companies let you know up front what interest percentage you’ll be charged from month to month, so you’ll have a clear idea of what your repayment plan will look like from day one.
To get a car title loan as fast as today, call us now at 1-888-500-9887. We won’t require a credit check and we’ll let you continue to drive your car as much as you want!
3.Get a Home Equity Line of Credit
If you have a terrible credit score but have significant equity in your house (because you made a huge down payment of you’ve paid off a major part of your mortgage already), then you could qualify for a home equity line of credit. This type of loan uses a portion of your home’s equity as collateral and in return lends you a line of credit based on your home’s value. The beauty of this type of loan is that home equity loan companies will often charge their customers very low levels of interest, making it an excellent low interest loan for bad credit holders.
4.Apply for a Loan through a Credit Union
Credit unions typically offer lower and more reasonable interest rates than standard banks but to go through them you will often need to be part of a certain organization that is associated with the credit union, such as working within a school district or a certain government sector. While it can be tricky to get approved as a customer at a credit union, if you qualify it can be more than worth it as they are known for offering very low interest rates and because they may be willing to approve you for a loan despite your bad credit score.
5.Borrow from a Friend or Member of your Family
If all of your options have run out, and you still can’t get a loan because of your poor credit score, you may want to ask friends or family for a loan. Going through a loved one could allow you to borrow money with either no or very low interest, and it’s highly unlikely that they would want to make an official credit check on you, but make sure you know exactly what the repayment is up front to avoid any confusion further down the line. Your friends and family may be more than willing to help you out financially, but be aware that if you aren’t able to pay them back in a timely manner, it could cost you the relationship. Tread cautiously!
Car Capital Financial
For a loan that doesn’t require even having a credit score, choose Car Capital Financial, Southern California’s premiere car title loans company. Title loans are issued based on your ability to repay the loan. We’ve been awarding title loans clients throughout the Southland for over 15 years, delivering the money they need within as little of 30 minutes from receiving their call. We’re ready to get you the money you want today, so call us now! Call us now to get your loan today: 1-888-500-9887