If you are going through financial, stress and could use some extra money, putting your RV down for RV title loans could be your ticket to peace of mind. The best option for such a loan is getting one from TFC Title Loans.
#1. Why TFC Should Be Your First Choice?
TFC offers RV title loans in California, New Mexico, and Arizona. They offer lower rates and larger loans than the competition and don’t charge prepay fees. TFC checks your credit score with Experian, but that does not affect your loan. You can pay off the loan over a period of 24 to 36 months, and you get to maintain possession of the RV during that time. Instead of holding the RV, TFC holds the title as collateral. The amount of the loan is based on the RV’s value as listed.
#2. Getting A Title Loan on My RV
In order to get this loan with TFC, you will need to fill out an application, either online or over the phone. The application requires your name, phone number, email, and the make and year of your RV. You will also need a government-issued ID, the title to the RV, proof of insurance and income, four references, and photos of the vehicle. Once TFC has received the information, you can go to one of their locations, let them inspect the vehicle, and sign off on the terms of the loan. You will receive your payment as soon as the next business day.
#3. What About My Travel Trailer?
Yes, you can get a title loan on your travel trailer as well. The process and requirements are similar to the RV title loans, but with a travel trailer title loans, you can get same day service. You will still need to provide your name, number, email, proof of insurance and income, and the make and year of your trailer. TFC will check with the DMV to make sure your registration is up to date. For this loan, five references are required, and you will need to provide pictures of your odometer and the front, back, and interior of the trailer. You will be able to maintain possession of the trailer while repaying the loan since TFC only needs to hold onto the title. These loans, like the RV loans, are available in California, Arizona, and New Mexico.
#4. What About My Mobile Home?
TFC also supplies title loans for mobile homes. The process and requirements are similar to those for RV title loans but require five references, pictures of the front, back, interior, and odometer. Your name, number, email, proof of insurance and income, and the make and year of your mobile home are required when applying for this loan. TFC will contact the DMV to make sure your registration is up to date, and your insurance company in order to make sure your insurance is up to date, as well.
Mobile home title loans from TFC come with same day service. Like with RV and travel trailer title loans, you can keep your mobile home in your possession while repaying the loan, since TFC only requires possession of the title as collateral until payment is complete. In addition, like the other loans mentioned above, this loan is available in California, New Mexico, and Arizona.