Title Lenders Have a Bad Reputation, Why is Auto Equity Loans Different?
First thing you need to know is that here at Auto Equity Loans, we treat our clients as though they are part of the family from the moment they walk in the door. We welcome them into our offices as Guests and hope that by the end of the loan process, they leave our offices as our Friend.
So why choose us over them?
We give you an amortization schedule of your payments, and we show you that your payments are going towards both your principle and interest. If you go to another title loan company, you will see how they won’t even give you a schedule to know when your payments are due and how each payment is split up on your account.
We also have the best interest rates for your loan. When you get your loan, we go over your options of repayment. You will choose your own terms and depending on the amount you borrow; your interest rate will be adjusted. Other lenders say they will charge you a certain percentage and then later you find out they lied to you and are charging you more than what you expected. If you happen to choose one of those other lenders over us, do not fear, you can always call us and see how we can bail you out!
Most of the other lenders only have intentions on making money instead of helping their clients. Here at Auto Equity Loans, our Motto is ” You Deserve Better”! When you call us, we are always happy to help. We want the client to feel as though we are going to be there for them and to let them know we are going to work as hard as we can to help them.
If you ever come into trouble and get behind on payments, we are always going to try to work with you on getting your account current. We can refinance your account so you would get an additional 30 days to get yourself back on your feet again before the next payment would be due. We don’t want to repossess your vehicle, we want to keep you as a client.
When we call our clients, and let them know they may be eligible for more funds, we always make sure they are not going to be making payments beyond their ability. Other lenders are just looking to get you more funds so they can charge you more and let your account go into collections knowing that you were not capable of affording the loan. They want to repossess your vehicle.
Most Lenders don’t even explain the contract to you, they only inform you of your terms and what interest you’re going to be charged. They hope you won’t see what they have in their contract and just have you sign it not knowing anything but what they have told you. Auto Equity Loans explains every part of the contract to you. We make sure that before the client leaves our office, they understand what they are signing and makes sure that everything on the contract is correct. We also make sure to give our clients a copy of the contract, a copy of their ability to repay on the loan, and a copy of their amortization schedule so they know when payments are due. We want to make sure our clients have all the information that we have as Loan Officers.