Last updated 2 months ago
Your credit score is far more than just a number. A high score can help you qualify for a loan and save on interest payments. By achieving a high credit score, you demonstrate to lenders that you are a good borrower and can therefore secure better terms for your loan. In order to keep your credit in good shape, be sure to prevent the following factors from wreaking havoc on your score:
Delinquent Payments
-
If you make late payments, miss payments, or allow your accounts to go to collections, you will appear to be a risky borrower to your creditors. As a result, your credit score will be negatively affected, and your interest rates may even increase as a result. Therefore, be sure to make all of your payments on time in order to avoid the consequences of having a delinquent payment history.
Loan Default
-
When you enter into a financial agreement with a lender, you are expected to deliver what you promised. Foreclosure or defaulting on any kind of loan conveys that you are not responsible with money or that you borrowed more than you could handle. Either way, not being able to hold up your part of the deal will eventually damage your credit score.
No Credit
-
Some may feel that it is much safer to simply abstain from using credit cards altogether. However, if you want to be eligible for a loan, lenders require some kind of credit history on which they can base their decision. Create a positive FICO history by opening a low-limit credit card and using it frugally so you can improve your credit eligibility and acquire the loans you need.
Cash-n-Go provides car title loans and a variety of other loans to Phoenix-area residents—no credit required. Our loan services can help you bounce back from difficult financial circumstances. Give us a call today at (602) 652-2107 to learn more about our borrowing process.
Last updated 2 months ago
At some point in your life, it is likely that you will encounter loan amortization. Loan amortization is simply a method of repaying a loan in equal, regular installments. Part of each payment goes toward interest owed and the remainder is applied toward the principal balance. If you have a home mortgage or auto loan, you will need to know about loan amortization schedules.
As this video shows, loan amortization is a key component of the borrowing and spending process. It is important to understand how much you can afford to borrow before you apply for a loan. Learning more about loan amortization will help you make a better-informed decision.
Cash-n-Go provides efficient and friendly customer service to help you secure an auto title loan. Our representatives will offer the best loan schedule for your financial situation and will ensure that you are satisfied with your experience. To learn more about our services throughout Phoenix, call us at (602) 652-2107.
Last updated 2 months ago
For more than 15 years, Cash-n-Go of Phoenix has proudly maintained the same ownership, management, and valued customers. Our priority is ensuring our loyal customer base is satisfied with the many financial services we provide, including fast auto title loans. Explore what we can offer you by reading the following resources, and learn how a car title loan can help provide financial security to you and your family by calling us at (602) 652-2107.
Last updated 2 months ago
When it comes time to purchase a car, you are likely to apply for an auto loan in order to access the money you need to buy the vehicle. A successful loan application not only gives you a car, but also a title and an auto lien. Read on for an overview of auto liens and what they mean to auto loan recipients:
What Is an Auto Lien?
-
The money you receive through an auto loan is provided by a lender who protects their investment by creating a lien. An auto lien is a legal document that verifies the claim your lender, who holds the lien, has on your purchased car. As a result, as long as you owe money on your auto loan, your vehicle will be subject to the terms of an auto lien.
What Does an Auto Lien Do?
-
The purpose of an auto lien is to provide security to your lender, as a lien states that they have a higher claim than your claim to your car, as long as you owe money to them. Consequently, if you stop making loan payments, you lender has the legal right to repossess your car as a way of reclaiming their financial loss. If this happens, you have defaulted on your agreed loan payments and will not only lose your car to your lien holder, but also lower your credit score.
How Can You Remove an Auto Lien?
-
If you follow the terms of your agreed loan payment schedule, your auto lien will eventually be removed once the amount owed is paid in full. The only way to enjoy free and clear ownership of your car is to pay off what you owe to the lender. After you have done so, the Department of Motor Vehicles should receive official notice that the lien has been satisfied, and you will become the only owner of your car.
The friendly and knowledgeable staff at Cash-n-Go can help you decide whether an auto title loan is right for you. Visit our website, stop by one of our Phoenix locations, or give us a call at (602) 652-2107 for more information.
Last updated 2 months ago
It is important to ensure that you smartly manage your money. However, trying to keep track of all of your expenses can be a complicated and difficult task. Fortunately, you can have access to an overview of your income and expenditures with the help of the Pageonce - Money & Bills application.
Pageonce allows you to see all of your money accounts, including your bank accounts, credit cards, and investments, in one centralized place. This app also makes you aware of upcoming payments and can be used to conveniently make payments to anyone from your phone. The Pageonce app will also alert you of any questionable activity it detects, so you can feel better protected and more secure.
This app can help you see when you are in need of fast money, and the money experts at Cash-n-Go of Phoenix can assist you in getting the funds you require. Visit our website or give us a call at (602) 652-2107 to learn about our same-day auto title loans.
