Benefits of an Auto Equity Loan

 

Benefits of Revolving Auto Equity Loans

A revolving auto equity loan is similar to a regular title loan but with greater flexibility. Based on good payment history and the value of your vehicle you have the following benefits:

• After making 6-payments you can automatically borrow an additional $500 – $1,000*
• Thereafter, anytime your loan balance is below the original loan amount you qualify to top up your loan
• Your revolving credit benefit is good for up to 5-years
• Your loan will report to Equifax and build your credit

Note: * Automatic qualification is dependent on good payment history and the vehicle retaining the equity required to qualify for the loan. The automatic loan amount increase to $1,000.00 is based on the credit check option originally being selected.

See “How It Works” for more details.