How Does it Work

How does a revolving auto equity loan work?

Similar to a regular title loan a revolving auto equity loan is based on the positive value of your vehicle. This positive value is reduced by any amount owing, required repairs, etc. This difference is the equity and is what you are loaning against. You can loan around 50% of the equity in the vehicle based on dealer value. Please refer to “Revolving Equity Benefits” that highlight the advantages over traditional title loans. As a premium lender our programs offer many features & benefits including:

• No credit check
• No proof of income
• The credit check option you may be eligible for a longer term, lower interest rate, increased loan amount and lower administration costs
• Automatically qualify for revolving credit for up to 5-years
• No early payout penalties
• We report your payments to the credit bureau, which will improve your credit score
• Easy qualification
• Competitive loan rates
• All vehicles may be eligible that meet the minimum equity requirement.