TurboTitleLoan.com Reveals Consumers' Untapped Financial Resource

    SALT LAKE CITY, UT, November 11, 2013 /24-7PressRelease/ -- Consumers who find themselves in a financial bind and in need of funds quickly, can use the equity in their paid off vehicle to secure an auto title loan. TurboTitleLoan.com, a leader in the online auto title loan industry, explains that most consumers are unaware of their ability to use this hard-earned asset to meet their short term financial needs.

A vehicle with a free and clear title is an asset, and as such, has value and equity. Many consumers overlook that value when searching for ways to gain access to funds quickly. A common misconception among vehicle owners is that the only way to tap into the money they've built up in their car is to sell it. That option leaves the consumer in the unenviable position of being without a vehicle. It can also be a time consuming process that doesn't fulfill the consumer's need for fast access to funds. TurboTitleLoan.com wants to inform people with urgent short term financial needs and potential car title loan customers that selling their vehicle is not their only option.

An online auto title loan is a short term loan secured against a person's vehicle. It can be equated to a "home equity" loan where the amount of the loan is based on the equity in the home. The equity that the consumer has built by paying off their vehicle is used by TurboTitleLoan.com to determine the available amount of the loan. Making use of an auto title loan is faster and more convenient than having to sell a car and seek traditional financing. In most cases, an auto title loan from TurboTitleLoan.com can be funded in one business day. In the few cases where funding can't be completed in one day, it is normally completed in two business days. Using their vehicle as collateral on an auto title loan allows the consumer to keep and drive their vehicle. Their short term financial needs are met quickly without the inconvenience of being without a car.

"People have worked hard to pay off their cars and build equity. Now they can put that equity to work for them," said a TurboTileLoan.com spokesperson. "Consumers should realize that they're sitting on a financial asset that can help them when they need funds in a hurry."

About TurboTitleLoan.com:

TurboTitleLoan.com strives to make the auto title loan process as convenient for the customer as possible. They have made transparency; security and customer service the cornerstones of their business since its inception.

Founded in 1999, TurboTitleLoan.com is an online specialty lender that has served thousands of satisfied customers across the United States. TurboTitleLoan.com has revolutionized the auto title loan industry by moving the entire process from application to funding onto their secure online platform.

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