Cincinnati, Ohio (PRWEB) August 3, 2009
Check 'n Go, a leading payday loan provider, now provides title loans for their customers in Calif., N.M., and Ariz. The title loans, released in May 2009, are available on Check 'n Go's website for loan amounts up to $10,000 which is a higher loan amount than their traditional payday loan.
The title loan, powered by 1-800-LOANMART™ , is based on the current wholesale value of the vehicle, which includes the year, make, model, and condition of the vehicle, and any amount still owed. To be eligible for a title loan, the applicant does not need to be employed.
"The Check 'n Go Title Loan is a product we can offer to our customers who are in a situation where they need more money than what we can offer them with a payday loan. To begin the process, all you need to do is fill out an application with your personal information, vehicle and insurance information, income, and vehicle loan status and terms," said Michael Cammon, Vice President of e-Business for Check 'n Go Financial.
Once a title loan application is received, Check 'n Go provides an application reference number, as well as the loan amount the applicant may be eligible for.
The auto title loan does not affect the ownership of the vehicle during the duration of the loan. Also, the title is returned to the vehicle owner upon the loan being paid off in full, which is normally around nine to 18 months.
About Check 'n Go
For more than 15 years, Check 'n Go has been a leading provider of convenient consumer financial products. Headquartered in Cincinnati, Ohio, Check 'n Go provides products and services that preserve consumer choice and increase access to credit for millions of American families. As a founding member of the Community Financial Services Association of America (CFSA), Check 'n Go is a leading advocate of CFSA's Best Practices promoting responsible lending and consumer protection. Check 'n Go operates more than 1,000 locations in 29 states and online at http://www.checkngo.com.