If you’re funding car title loans, there’s a cool, free tool by Trucar.com.
You can get a collateral valuation instantly: https://www.truecar.com/trade/
Just enter the VIN, Make & Model, or License Plate Number and you’ll get an instant cash offer from a dealer. How do we use this tool? Just enter the VIN, Make & Model, or License Plate Number and get an instant cash offer from a dealer. We get the dealer value and offer our borrowers a title loan from 30% to 50% of this value. It seems to be a good barometer for LTV calculations.
That’s all folks!