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Raising Capital And Financing With Personal Loans And Title Loans In Austin, TX Personal loans are a great option if you need some extra capital to make a purchase or even to consolidate your debts. Though your rate is at least partially influenced by your credit rating, a personal loan will almost always have a more favorable rate than the vast majority of credit cards. For this reason, if you lack assets or capital, it is usually far more advisable to get personal loans. Austin, TX credit card lenders are well-known for having astronomical interest rates that far surpass the typical rates of a personal loan. Additionally, personal loans are relatively quick and easy to obtain when compared to other types of loans such as long term loans. The documentation process is less tedious and you are not always required to explain personal reasons why you need the loan in the first place. If you need loans in Austin, TX and need to raise extra capital, a personal loan may be your best option. Your Trusted Austin, Texas Provider For Title, Personal And Cash Loans. Cash loans are a wonderful tool to have in your financial tool belt. If you are unaware of this type of loan option, you need to understand that this is a very short term loan. Sometimes short term cash loans are also referred to as payday loans, payroll loans, paycheck advances, or salary loans. Though there are many names for this lending option, they all revolve around providing you with the money you need now and repaying them once your regular employment check arrives. This is a great tool to use if you come up a little short before the end of the month. If you need a little extra income to get through the rest of the month and you live in the Austin, TX area, consider a cash loan from Payment 1 Financial Group. Some smaller loan providers ‘specialize’ in these types of loans, but they are not reputable or accountable. Some have even been known to hide unfair clauses in their contracts to nickel and dime their clients to death. On the other hand, we have been providing services to our clients for over a decade and we are well respected within the community. The Most Responsible Lender Of Title And Personal Loans In Austin Our financial services also include title loans. Austin, TX is littered with irresponsible title loan lenders, though, and our services are more responsible than other lenders’ services. Some of the more dubious lenders use title loans as a way to unfairly secure debt and protect themselves from their borrowers, but instead of basing the terms of the loan on income, they base it on property valuation. Essentially, these types of loans use a title (i.e. your lien-free car title) as a form of collateral for the loan. If the borrower fails to make payments in accordance with the timeframe or violates other terms of the loan, the lender then has a claim to the borrower’s vehicle. When you base the terms of the loan off of income, the vast majority of borrowers won’t have a problem repaying. The problem is that when irresponsible lenders base the terms of a loan off of property valuation, they create terms that are unfavorable and skewed. We feel that companies who engage in this type of lending are doing the people of Austin, TX a disservice. This type of lending is controversial and is seen by many as an irresponsible practice. Instead of using property valuation, we use proof-of-income to gauge whether or not you will be able to responsibly pay back your loan in a reasonable amount of time. This helps prevent seizures of personal property like automobiles and helps to protect your credit. Planning Your Future In Austin, TX With Title, Personal And Installment Loans Installment loans are a great way to break up a very large expense into smaller, easier to mana