We wanted to alleviate some of this stress by making the process fast and easy. Our clients get cash they really need and they get to keep their vehicle so their daily life is not disrupted.
Los Angeles, CA (PRWEB) January 13, 2009
Wilshire Consumer Credit ("WCC") based in California recently launched its auto equity loan Website, 123FundMe.com, and has expanded its service to residents of South Carolina. As long as the client has a "clear" title to the vehicle, they can be approved for up to the value of the car.
It is possible to obtain auto equity loans in South Carolina, title loans are similar but not available in some states. Recognizing that the process of obtaining car title loans or auto equity loans can be stressful, 123FundMe.com allows clients to find out first if accessing the cash in their car is worth it. In the privacy of their home, South Carolina residents can fill out an easy three-step questionnaire to tell them how much money they can get and if a loan is possible. Soon after, a phone consultation with a loan advisor can finish the process.
Because of 123FundMe.com's secure three-step process, all the applicant needs to do is provide their vehicle information and then verify that information. No VIN is required and the credit rating has little impact on approval. An applicant's privacy is always protected.
"In this economy, people are feeling a lot of stress, particularly about money," WCC Vice President Bernie Delaney acknowledges. "We wanted to alleviate some of this stress by making the process fast and easy. Our clients get cash they really need and they get to keep their vehicle so their daily life is not disrupted."
The car title loan industry, known as auto equity loans in South Carolina, is often thought of in a bad light and is accused of taking advantage of clients in need of cash, but WCC prides itself on offering some of the lowest interest rates in the country and there is no prepayment penalty if things turn around and a client can pay off the loan early. "We don't want to penalize people when their circumstances turn around," says Delaney.
Getting cash from the equity in a vehicle opens up a lot of opportunities for the clients who apply at 123FundMe.com. The funds can be used to make much needed repairs on the vehicle, on their home or anything else the client needs. Once approved, there are no limits on how the cash is spent. Since the loan amount is based on the value of the car, 123FundMe.com offers higher loan amounts than paycheck loan businesses offer.
Called auto equity loans in Charleston, SC, title loans in other cities, can also help clients reestablish their credit because bad credit is not a deterrent for WCC. By setting up payment plans and making monthly payments on time, a client can work their way back to a good credit rating. This is a huge plus in this economic environment where a lot of people have fallen on hard times and their credit has taken a hit.
It is easy for South Carolina residents to find out if an auto equity loan is right for them by visiting http://www.123FundMe.com. If they have any other questions, they can contact a loan representative through the Website.