The Untapped $4.2 Billion Title Loan Market: Who’s Desperate for Fast Cash?!
Why Subprime Lending Isn’t the Villain You Think It Is Lend money to subprime consumers who need quick access to cash but lack traditional credit options. With car titles as collateral, you can offer life-saving loans for emergencies like car repairs or medical bills, while ensuring your investments are secured. It’s a win-win opportunity: help […]
How to Start a Title Loan Business
Want to start a car title loan business? Here are a few tips. Visit a car title loan company and get a title loan! Yes, step one is to actually go through the loan process as a real car title loan customer would. The best way to learn the “behind the scenes” process is to […]
Title Loan Lenders Getting Scammed by Phony .VIN Websites
If you’re a title loan lender, read on. If not, DELETE NOW. We offer car title loans in more than a few states. In Los Angeles, we charge 8% to as much as 18% per month on the loan principal. Depends… Heavy competition! In Texas, it’s closer to $25/per $100 borrowed. Every state is different. […]
Car Title Loan Business Profits Explained-Google Searches for Car Title Loans Increases 33%.
Are you in “the business of lending money to the masses?” Do you still think of yourself simply as a payday loan lender? A check casher? A bail bondsman? A personal or installment loan provider? If you do, you are WRONG! You’re a “Financial Service Center.” You sell money! You sell money in the form […]
Starting a Car Title Loan Business
Starting a title loan business in California? You want to start a title loan business? Need the basics? What can you charge title loan borrowers in fees and interest? How do car title loans work? (This piece is focused on starting an auto title loan business via the Internet or a store-front in Calififornia. As […]
Example Bill of Sale for Car Title Loan
Looking for an “Example Bill of Sale for Car Title Loan” business? A “bill of sale” is a state or province legal document that transfers ownership of a car, trailer, truck, RV, motorcycle… from one person to another. It is used in situations where the previous owner retains possession of the vehicle. A bill of sale […]
Texas Car Title Loan Business Profits
How to Start a Texas Car Title Loan Business You want to learn how to start a car title loan business? Read on… According to The Texas Star Telegram, the typical Texas household is $40,000 in debt. They don’t make it clear whether this includes all Texas home loan mortgage debt; stupid. The one thing […]
Car Title Loan Checklist
When you’re running a car title loan business it’s critical to use a “Car Title Loan Valuation Checklist” to systematically place a value on the car title BEFORE you fund the title loan. Title loan valuation checklists don’t have to be complicated. Just the basics in addition to a few pictures. Title loan pictures should […]
How to Set Up a Title Loan
How to open a title company? You still trying to figure out how to set up a title loan company? Still spending hours on your computer “Googling: How to Start a Title Loan Business?” Still haven’t invested in our “How to Start a Car Title Loan Business?” Here’s some ideas we still use in our […]
How to Open a Title Loan Company
Open a Title Loan Company To open a title loan company, You Must Do This! You want to open a title loan company? READ THIS! THIS IS CRUCIAL! You, or a member of your team, MUST become familiar with the appropriate title loan laws, statutes, legislation, licensing requirements and specific reporting requirements of your state or […]