Pink Slip Loans are an easy, fast, and straightforward way to raise money in a hurry. They’re handy for people with bad credit scores or those who need more money than what’s typically available with a payday loan or personal loan lender.
What makes pink slip loans so great? They’re convenient and simple, but they can also give you access to thousands of dollars with an online title loan. You only need a car worth a few thousand dollars on the wholesale market to get a pink slip loan and a clear title.
When you take out a pink slip loan, you won’t have to spend hours filling out paperwork or days waiting for the money to come through because these online title loans are fast, simple, and easy. Hyperlend's pink slip title loans are typically funded the same day they’re applied for!
How Do Pink Slip Loans Work?
That’s easy – pink slip loans use the equity you’ve built up in your car (based on the amount of money your car is worth) as collateral that you can use to get a typical personal loan. This is why they require you to have a vehicle that’s either fully paid off, or has a few remaining payments left. If you don’t own your car outright (or aren’t very close to owning it outright), you can’t use it for a pink slip loan.
To submit an application for a pink slip loan, all you’ll have to do is contact Hyperlend to fill us in on some details about your vehicle, including:
- Its make, model, and year
- Its mileage and condition
- A current photo of the car
We’ll also need information about you to generate a title loan estimate. These details include:
- Your name and address
- Your phone number and email
- Your employment information
Your credit history is also sometimes required for vehicle and semi truck title loans. (don’t worry if you have bad credit or limited credit payment history, we may still be able to help!) We’ll use this information to determine how large a loan we can offer you, with the amount of the loan mostly set based on the value of your car. If you accept the loan terms, we’ll invite you into our local office to sign the paperwork, then deliver your loan in cash or via electronic transfer.
Steps To Get Cash For A Pink Slip From Hyperlend
Here’s a breakdown of the steps involved with getting a pink slip loan from Hyperlend Car Title Loans:
- You contact the lender to request a loan, providing essential information to see how large a loan you can get
- The lender makes you an offer; you accept that offer, then both you and the lender sign paperwork agreeing to loan terms
- The lender takes temporary possession of your pink slip (used as collateral to secure your loan)
- You get cash for your pink slip and that amount is based on the value of your car
- You start making small, affordable monthly payments to pay off the loan
- After you’ve fully paid back the loan, your lender will return your pink slip to your name
That’s all you need to get $2,500 or more with your vehicle's pink slip as the security for a loan! There’s no easier, faster way to raise thousands of dollars in mere minutes, so if you’re in a hurry to come up with some serious cash, you need to call Hyperlend right now! We know exactly what's required for pink slip car title loans and we have a no hassle online application that takes less than 15 minutes!
Advantages of Pink Slip Loans
What makes pink slip loans better than the other available short-term loans or even title loan offers without a car? That’s simple:
- Pink slip loans have a fast, easy, streamlined, and simple application process. They require only some essential paperwork and a simple credit check.
- Pink slip car title loans are available to almost anybody with a car whose wholesale value is over a few thousand dollars and who has a decent credit score.
- Pink slip loans can get you lots of money quickly, meaning thousands to tens of thousands of dollars.
Remember, though, that different title loan companies offer different lending terms. Some charge higher interest rates, require you to repay the loan more quickly, or even force you to leave your vehicle with them until the loan is fully paid off!
Here at Hyperlend, you can rest assured that you’ll borrow on the best possible title loan terms. We provide plenty of time to pay off your loan and will not restrict your driving (as long as you continue making monthly payments on time).
Be careful when shopping for your pink slip loans or car title loans, as there are many scam artists out there looking to take possession of your car by any means necessary! Also, be careful when speaking to companies wanting to give you more for a vehicle title or pink slip than you initially requested.
Apply For A Hyperlend Pink Slip Loan
Hyperlend offers cash for your pink slip and most applicants with a paid off vehicle can qualify for funding in one business day or less! Call 800-971-3022 or apply online to find out how much your vehicle is worth!