There are no penalties for paying off the loan early. This distinguishes us from other title loan companies in the industry who levy penalties for prepayment. We do not put a penalty as we feel it is unfair to the customer.
Los Angeles, CA (PRWEB) August 07, 2013
Residents in Greater Los Angeles can now avail car title loans ranging from $2600-15,000 with Tfciloan.com in less than an hour. With a streamlined process, customers will be able to get a loan immediately once the documents are submitted and approved. The company had been working for some time now to make application process quicker and more efficient.
“In fact it is you who controls the process of sanctioning of a loan. You need to submit paperwork – vehicle title, copy of driver’s license, proof of income, proof or residence – and the process depends on how fast you can surrender documentation. Most of our customers do get the loans on the same day they apply,” said a senior executive with the company.
Loan sanctioned depends on several factors, the most important being the vehicle used as collateral. The customers’ credit history has no bearing on the outcome of the loan processing process. The customers can usually borrow up to 50% of the car’s wholesale value. They can freely use the vehicle after the loan and all they need to deposit with the company is vehicle title. The loan period can be up to 36 months. If the customers want to reduce incurred interest, they may opt for a shorter loan period.
Apart from instant loan, what distinguishes Tfciloan.com is their no-prepayment clause. As the executive said, “There are no penalties for paying off the loan early. This distinguishes us from other title loan companies in the industry who levy penalties for prepayment. We do not put a penalty as we feel it is unfair to the customer.”
Getting a title loan has no effect on the ownership of the vehicle and one remains its registered owner. Tfciloan.com is added as lienholders on the title until the loan is paid off. When the loan is repaid, they will remove themselves as lienholders and return the title to the owner. Clicking here would take to the company’s website where one can find information on instant car title loans. See page line to get tipped about the process of vehicle title loans.
About the Company
Tfciloan.com has been dealing in cash loan for car title since 1994. The company opened its first office in Los Angeles and during the past two decades, they have been expanding throughout California, Arizona, and New Mexico. The company handles all DMV paperwork related to vehicle title, making the process hassle-free for the clients. On the home page of the company website, one can find pool of info on quick vehicle title loans.
Trading Financial Credit LLC
3055 Wilshire Blvd, Ste 300,
Los Angeles CA 90010