Benefits of a Title Loan
Here are just some of the reasons why you should get a title loan with Borinquen:
Instant Cash in Your Pocket
- Instant, on-site approvals from our network of lenders
- Same day loans in 20 minutes or less
- No lengthy application period
Better Than Selling Your Car
- Selling your car requires advertising in the newspaper or online, responding to numerous inquiries before finally finding a buyer.
- Getting a loan at Borinquen gives you top dollar for your car the instant you need the money.
- And instead of selling your car and having to find new transportation, getting a loan at Borinquen allows you to have the cash you need AND keep driving your car.
Minimal Paperwork Required
- Many lenders require several bank statements, pay stubs, numerous utility bills, proofs of insurance, and even tax returns or business licenses.
- At Borinquen, we require your title, your vehicle, and a photo ID*. It’s that easy!
Flexible Repayment Terms with No Prepayment Penalties
- Payments on our single installment loans are due in 30 days, and payments on our multi-installment loans are due monthly. You are allowed to pay as often as you would like to make the loan better fit into your financial budget. If you would prefer to pay weekly, or every two weeks -- that’s great! We encourage our customers to pay as much and as often as they can.
- You can pay off your loan at any time, and you will not be charged a prepayment penalty. EVER.
Discreet and Confidential
- Borinquen takes your privacy and confidentiality very seriously. We abide by all federal and state privacy laws, and we spend a large amount of time each year training our staff on the importance of safeguarding your financial information.