“What ARE ‘Pink Slip Loans’?”
Pink slip loans with 800LoanMart allow people who have bad credit and yet have paid off their automobile to be able to borrow money—cash—based on the value of their vehicle instead of credit scores.
If you have bad credit—and heaven knows in today’s economic climate that’s not too uncommon—you know it’s not worth your time to go to a bank looking for a loan when you need money; especially when you need several thousand dollars. The same goes with going to a credit union. Heck, the same most likely goes with approaching family members or friends. Money is tight in just about every family. Our nation’s economy is hurting, and it seems like the climate is conducive to bad credit. And lenders are more cautious than ever.
But you CAN get a cash loan if you’ve paid off your vehicle or are close to it, and if you’re 18+ years of age and reside in California, Arizona, or New Mexico. The agents at 800LoanMart aren’t restricted like bankers and other traditional lenders by regulatory constraints governed by established credit performance. So they have more freedom, and can loan you cash based on the value of your car, which serves as collateral on the loan.
So if you think you didn’t stand a chance and you were unsure about pink slip loans, now you’ve been educated and guess what?
You can apply online, call the toll-free number, or even apply in person.
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