The Florida-based car title loan company now offers two new, convenient ways for borrowers to make loan payments on their vehicle title loan.
February 15, 2022 10:00 am EST
POMPANO BEACH, Fla., Feb. 15, 2022 (Newswire.com) –
Rapid Auto Loans offers car title loans of $300 or more throughout Florida for people facing financial hardship and needing cash fast. Car title loans are alternatives to traditional loans and use the value of a vehicle as collateral. Even better, the applicant has 12 months to pay off their title loan and can still drive their car in the meantime. These loans have helped keep countless Florida residents safe from collections, foreclosures, and utility cuts.
In an effort to make the process even easier, Rapid Auto Loans is delighted to announce that it will now accept two new payments for loan repayment: Venmo and PayPal. The price remains the same for any online payment. Simply login to the account and use all connected accounts to make a payment. It does not create any additional work for applicants and does not limit other payment options such as checks, debit cards, or using Walmart’s MoneyCenter or at a local 7-11 store with their Bill Pay services.
“We are always looking to improve the customer experience and are working on a customer platform to include an app in the future,” said Vana Geradi Ross, chief operating officer of Rapid Auto Loans.
To apply for a car title loan with Rapid Auto Loans, all the applicant needs is a driver’s license, the vehicle title being used as collateral, proof of insurance, and to complete a car title loan application. car in person or online.
Additionally, a title search is performed to ensure that there is no existing lien on the vehicle used for the loan. If there is a co-owner of the vehicle, he must also be present to sign the car title loan.
The philosophy of Rapid Auto Loans has always been to help people access funds quickly and as easily as possible. Adding Venmo and Paypal as payment methods is just another way the company is doing this.
About fast car loans
Rapid Auto Loans is a South Florida-based car title lending company with offices across the state. Unlike other title lending companies, borrowers have a 12-month repayment plan with competitive interest rates. Applicants do not have to rely on income verification or a credit score to determine eligibility for a car title loan. To learn more about fast auto loans, visit www.raloan.com or call 954-960-7099 to speak with a customer representative.
Source: Quick Car Loans