Advantage Finance LLC Now Offers Extended Payment Plans for Auto Title Lending and Securities Lending Buybacks in Houston and Area
Stuck in a 30 Day Title Loan? visit our website https://www.cartitleloanshouston.com for a quick quote.
November 13, 2017
Advantage Finance, LLC, a full-service auto title lending company, serving Houston and surrounding areas, has recognized a need in the auto title lending industry: to provide consumers with an alternative to auto title lending at very low cost. short term and interest only. Advantage has met this need by providing consumer securities buyback programs with principal and interest loans with extended repayment periods. Advantage repays the consumer’s short-term loan by arranging a longer-term title loan with better terms for the consumer. The repayment schedule for these loans includes both the principle and the interest, which is often less than the interest on the consumer’s original loan. This arrangement helps consumers by leveling their payments and making it easier to repay the loan.
According to an Advantage executive, “We help many consumers who are stuck in very short-term securities lending; some as short as thirty days. We finalize a title buyout by giving them a new title loan with an extended repayment plan. In these cases, the repayment schedule includes both principle and interest. These are not interest-only loans. This is a great benefit for people as it reduces and softens their repayments.
Here is how the program works. A consumer with a very short term (typically 30 day) auto title loan works with one of Advantage’s representatives to complete what is known as a “title loan repayment”. Advantage arranges a new title loan with an extended repayment period to pay off the current short term loan. In addition, the repayment plan for this new loan includes both the principle and the interest, often with a lower interest rate. The consumer is helped in two ways: by reducing the monthly payments and by giving him a longer period to repay the loan. This program is, in effect, a refinance of the original title loan.
“It’s a win-win situation for our customers and for us. We are able to help them restructure their debt, and they can lower their monthly payments and smooth their repayment schedule. Our goal is to provide the community with a service that is both valuable and fair, ”says an Advantage manager.
The Advantage Finance team, with four branches in Houston, offers the most comprehensive package of auto title lending options on the market today. For more information and to connect with one of our professionals, visit our website.
Advantage Finance, LLC.
SOURCE: Advantage Finance, LLC
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Advantage Finance, LLC. (https://www.cartitleloanshouston.com/)
12 November 2017 06:00
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