Car Title Loans in EloyCar title Loan FAQWhat do I have to have?A short list includes a valid ID, clean title, vehicle insurance, references, proof of residence and income.Why do you need proof of residence?We need to make sure you live in Arizona. We are licensed in this state but not others, and we must follow Arizona laws.How much time is given to me to repay the loan?You have the option of 3 years to pay back the loan. While that is a very long time, you do not have to wait that long. There is no pre-payment penalty, so pay whenever you can or feel comfortable.Interest rates are?Low. 7.5% monthly for loans over $5,000.What about under $5,000?Only 8% monthly.I really don’t need a job?Not everyone is employed the same way. Many people have income from other sources than a paying job. We will consider any income you are making.Can I use this loan to pay off another loan?Sure. It’s completely up to you. In fact, that’s a very common usage because our interest rates are lower and we are nicer to work with. Not just polite, but will explain things thoroughly and walk you through everything.Eloy Title Loans serving Picacho, Friendly Corners, Kohatk, Anegam, La Palma, Arizola, Casa Grande, Red Rock, Dobson, Marana, Oro Valley, Coolidge and more. |
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