The Net Lender is a financial aid company that assists clients in need of quick cash. In case of a financial emergency, the recent government shutdown being a prime example, The Net Lender’s car title exchange provides a source of money that is quick and easy to obtain.
The United States Government shutdown saw 800,000 government workers be either furloughed or required to work without pay. The shutdown was halted on the 25th of January, and the result is a large number of people who need a bit of help getting back on their feet. The Net Lender can provide the resources these people need to recover from the month they just spent without pay. The company stated that, “We have been helping California residents acquire the money they need for many years. We work hard to provide honest and fair rates for quick monetary relief, and will work with you to set up a payment plan that accounts for your income.”
The Net Lender is able to lend a client money by using the latter’s car title as collateral. The value of the car determines the maximum amount the client can borrow, and state limitations or the regulations of the company in question determine the lower limit. In the case of TNL, the minimum amount a customer can borrow is $2,600 and the maximum is determined by the value of the car. Regarding the requirements for a successful application, The Net Lender advises its potential customers that, “If you own the title to your vehicle, you can apply for emergency funds with The Net Lender online.” The company has branches all across California. A full list of locations is available at https://www.thenetlender.com/locations/.
This option is considered advantageous in that it makes funds easy to obtain and does not affect the recipient’s credit score, nor does it take past credit into consideration. Whether the client needs money to pay off bills that they can’t afford to pay at the moment or a little bit extra to survive a crisis, this car title exchange program ensures a quick and easy way for anyone with a car to procure cash.
They are not without disadvantages, however. They generally attract high interest rates, and failing to pay the loan results in the loss of a vehicle, so customers should be clear about the length of time they to make repayments when applying. In addition to this, the process is only available to people with cars, which excludes a large number of people from making use of it. However, a car title exchange program like this still provides a convenient and easy way to obtain cash, despite the few drawbacks involved in using it. More information can be found at https://www.chicagotribune.com/suburbs/park-ridge/community/chi-ugc-article-benefits-and-realities-of-borrowing-with-tnl-2019-02-05-story.html.
TNL requires that the client’s vehicle be worth at least $2,000, though customers are conveniently allowed to keep the car while making their repayment. The Net Lender is willing to work around pre-existing credit, and even help clients pay off the original amount they were burdened with. Regarding a customer’s credit rating, TNL said that, “You are not required to have really good credit to apply with us. Our premier lending network helps us make it possible to find the ideal financial aid for your particular needs.” As long as the client makes at least $1, 200 a month, their employment status is not a factor in determining whether or not they can receive their emergency funds. Applications are typically approved and granted within 24 hours, depending on how quickly the customer provides the required paperwork. A client was quoted as saying, “I received my money within 24 hours.”
A review from a satisfied customer said, “Getting a title loan was significantly easier than I anticipated,” and, “If I’m ever in a tough position again, I’m confident that they may be able to help me out! Incredibly nice and very helpful!” Another review stated that, “They have an outstanding line-up of professional associates.”
Further information on the company and its many branches can be found at https://www.pressadvantage.com/organization/the-net-lender-locations. Their main offices can be found in San Diego, Los Angeles and Sacramento.
The Net Lender goal is to help people get money in times of a financial emergency.
August 25, 2020 – TNL Helps Hoosiers During COVID-19 Pandemic
January 14, 2020 – TNL Comments On Financial Literacy In The US And Educates Consumers In 2020
December 09, 2019 – TNL Continues To Educate Americans That Are Having Financial Difficulties
October 27, 2019 – The Net Lender Educates Consumers On Handling Financial Difficulties
October 16, 2019 – The Net Lender Helps People Who Are Struggling Financially
August 20, 2019 – TNL Spreads And Revamps Sites
July 19, 2019 – TNL Provides Education On The Importance Of Choosing A Reputable Company For Financial Aid
June 28, 2019 – The Net Lender: How To Get Emergency Funds With Minimum Risk
May 20, 2019 – TNL Explains Why The Younger Generation Is Struggling With Money
May 14, 2019 – TNL Plans Expansion Into California