Two years ago, we bought a new car. At that time, we gave some cash and made a car loan to cover the rest.
We did a car loan with specific payment conditions which included twenty four fixed payments and after that period of time we have several options. We can renegotiate the loan and extend it for twenty four more payments, we can get a new car or we can end the contract and return the car. This loans are a type of rental and at that time it was the best solution for us.
Now that our first loan is ending, we have to decide what to do. I´ve been looking for other types of car loans online to check if I can reduce our monthly payments. I found that if you´re in the opposite situation you can do Pink slip loans. I didn´t know this loans before, they´re appropriate for those who have a car but need money and they´re also called Collateral loan. With this type of services your car is evaluated and you can get a percentage of it´s value. Your loan can be approved, even if you’ve been denied credit elsewhere.
A Car title loan can be a solution if you have a car and need money for an emergency. You need to have all legal papers of the car but you can manage all the process online.
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