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The most popular type of personal loan sought is an unsecured loan, or a signature loan. After the applicant is approved and a loan offer is extended, their signature is all that is required as their promise to repay the loan. Although this type of loan is favored, the criteria to qualify is slightly tougher than that of a secured loan since the repayment is based off of the applicants credit worthiness, debt to income ration and perceived character rather than providing a monetary item to be used as collateral on the funds being obtained. A secured loan provides the lender with collateral in addition to the applicants promise to make their monthly payments on the agreed dates and for the agreed upon length of time. This type of loan is a title loan. Although the borrower is able to keep their vehicle, they are required to provide the lender with the clear title to the vehicle; once the loan has been paid back in full it will be returned to the borrow. If the loan is defaulted on and an open communication between the lender and borrow subsides, the vehicle will be confiscated and sent to auction in order for the lender to recoup the remaining balance owed on the loan. In other words, the borrow has sacrificed ownership of the vehicle in loo of paying their debt.

Personal Loans from $100 - $1400

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Where Every Loan Begins with a Conversation and Ends with an Air Hug Personal Loans from $100 - $1400 Monthly Installment Payments Up to 12 Months Call Now Approval in as Little as 30 Minutes

Business History
A signature loan offers the opportunity for you obtain funds for whatever you needs without providing collateral. Established credit is required. Once you are approved, you will sign the appropriate paperwork with the promise to pay back the loan in the agreed upon time frame.




Requirements:

Established Credit

Income Verification




You can get your funds in as little as 30 minutes. And we offer flexible payment arrangements. Call us to start your application now with the loan company that treats you like family.
Hours
Regular Hours
Mon - Fri:
Sat:
SunClosed
Services/Products
  • Cash Loans
  • Bad Credit Loans
Payment method
check, cash
Neighborhoods
Woodlawn Lake, West Side
Amenities
1 Hour Service, Affordable Monthly Payments, Apply By Phone, Competitive Rates, Convenient Parking, Daily Service, Family Friendly, Handicap Accessible Parking, Integrity, Reliability Quality, Loans, Locally Owned and Operated, No Appointment Necessary, Open During Lunch, Payment Plans, Saturday Hours, Walk-Ins Welcome.
Languages
English, Spanish
Accreditation

BBB

Other Link

www.alamoloansa.net

Social Links
Categories
Financial Services, Alternative Loans, Financing Services, Loans, Title Loans
Other Information

Wheelchair Accessible: Yes

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