{"id":444,"date":"2022-07-20T18:38:09","date_gmt":"2022-07-20T18:38:09","guid":{"rendered":"https:\/\/www.onlinetitleloans.net\/?p=444"},"modified":"2022-07-23T00:03:08","modified_gmt":"2022-07-23T00:03:08","slug":"registration-loans-near-me","status":"publish","type":"post","link":"https:\/\/www.onlinetitleloans.net\/registration-loans-near-me\/","title":{"rendered":"Registration Loans Near Me"},"content":{"rendered":"

\"Title<\/a><\/p>\n

Registration Loans<\/h2>\n

How Do You Qualify for a Vehicle Registration Loan in Arizona?<\/strong><\/p>\n

\"onlineFor those who don\u2019t own a home, a car is likely the most valuable fixed asset they own. And when they need financial flexibility or some extra cash, it\u2019s common for them to use their car as collateral for a loan. In most cases, a title loan is the preferred financial vehicle for those situations. But here in Arizona, they\u2019re not the only option. Car owners can also opt for a vehicle registration loan under certain circumstances. Here\u2019s everything you need to know about them and when they might be a good option for you.<\/p>\n

The Basics of Vehicle Registration Loans<\/h3>\n

\"\"When a car owner takes out an online title loan<\/a>, they\u2019re using their vehicle as a guarantee that they\u2019ll pay back the principal, plus whatever interest they owe. But to do that, their car must be fully paid off, with no outstanding loans or other liens on the title. The trouble is that the most common length of car loans today is 72 months \u2014 meaning that most people have quite a while to wait before they can take out a title loan.<\/p>\n

A vehicle registration loan, by contrast, doesn\u2019t require an unencumbered car title. That means car owners can access vehicle registration loans at any point in the ownership cycle. And that makes them a much more flexible and accessible option than title loans.<\/p>\n

Does Every Car Qualify for a Vehicle Registration Loan?<\/strong><\/p>\n

In general, any car registered in the state of Arizona should qualify for a vehicle registration loan. And unlike title loans, the book value of the vehicle itself doesn\u2019t matter. That means even older vehicles in less than prime condition can qualify. The loan issuer won\u2019t even examine the car before issuing the loan. They\u2019ll only be concerned with its ownership documentation.<\/p>\n

The only tradeoff involved is that vehicle registration loans normally come in smaller amounts than a comparable title loan. This is because they\u2019re meant as a short-term loan product that doesn\u2019t rely exclusively on the asset value of your car, so there\u2019s a limit to how large a loan the lender will underwrite.<\/p>\n

Does Every Car Owner Qualify for a Vehicle Registration Loan?<\/h3>\n

The criteria that Arizona car owners have to meet to qualify for a vehicle registration loan are fairly straightforward. To qualify for such a loan, a car owner must:<\/p>\n