Alternative to Speedy Cash
Fortunately, the world is becoming more and more aware of the dangers of financial services like payday loans, or other high interest mediums. Sometimes, however, they’re necessary to help people find the cash they need for necessities like rent or food. There are alternatives to Speedy Cash payday loans, or Speedy Cash title loans, that can save you hundreds of dollars in monthly payments and interest alike.
Phoenix Title Loans has been providing title loans to Phoenix, Mesa, Tempe, Scottsdale, Chandler, and other parts of Arizona for over 20 years! By far, the lowest monthly payments and interest rates can be found at our title loan centers. If you’re looking for an alternative to Speedy cash, then you’ve found the right place.
Why a Title Loan Instead of a Payday Loan
Auto title loans are longer term financial instruments. However, there are clear differences. First, they have lower interest rates. In addition, you can have options on the repayment plan. Which makes it easier to repay, along with paying your monthly bills as well. Most importantly, they aren’t taken directly out of your paychecks like a payday loan is.
If you’re looking for options to get cash, then consider a title loan from Phoenix Title Loans. Because our title loans are an alternative to Speedy Cash and their payday loan. With tons of locations all around Arizona, you will find a location near you. Thereby, giving you the opportunity to get the cash you need in minutes, and have time to repay the loan comfortably.
Refinancing Your Existing Title Loan to Save Money
If you’ve already got an existing title loan, then great! You’re already saving buckets in interest alone versus a payday loan. Although there are still more ways that you could save cash. Phoenix Title Loans boasts some of the lowest interest rates in all of Phoenix. Which means we also have some of the lowest monthly payments in town as well! Additionally, all of our auto title loans are amortized meaning customers know exactly what day they’ll have the loan paid off.
Alternative lenders like Speedy Cash only require minimum monthly payments of interest. Therefore, the customers still have the original principal left to pay off at the end of the loan. Phoenix Title Loans doesn’t support this practice. Instead, we highly suggest to pay as much as possible monthly above your scheduled payment. Therefore, chipping away at the principal throughout the loan, as well as the monthly accrued interest. Therefore, as each payment is made, also lessens the monthly interest, and allows more of your payment go directly to the principal. Moreover, by the end of the loan, the principal is easily paid off in full.
Refinancing your title loan can ensure your payback, while even lowering your monthly payment, interest, and in some cases getting even more cash out of your title loan than normal! It’s no doubt that Phoenix Title Loans is the leading title loan lender in town, and always has its customers best interests in mind from start to finish. Reach out today if you’d like to refinance your title loan and we’ll help you find all the savings available from your vehicle.
