I'm still working on it but had a "fun" night last night an still working that out. We are not going to be charging like some of the title loans places work and the way I am setting it up, it will GIVE you good credit. If you own the car and you rebuy your car as if you went to the dealer and pay it off it will show up on your credit report that you paid off a "new" car bring your credit up. I am also working on having a way that I can help people with there credit or partnering up with a credit counseling company so we can help our clients. I don't JUST want to give them a loan and me make a profit..I want them to get the money they need and at the same time help them get better credit so they will have better options.Originally Posted by Sirscrapalot
They have a few companies that will advance cash based on your vehicle for collateral . Say you need a expensive repair or cash for some other emergency . Not saying that's the case here . Just what I have noticed in my neck of the woods.
Full article at Scrap Metal Forum: http://www.scrapmetalforum.com/off-t...#ixzz34q2yWSsH
Yup, that's a title loan down here by me, and everywhere else I've been. You bring in title, they give you cash, you lapse on the loan, they keep your car.
I've seen some that are awesome, an some that are run like Payday loan places. Where basically your set up to fail. I know Easy isn't that type of character, so I don't worry he'll be like the Payday loan ones.
I await to hear more! Stop teasing me!
Sirscrapalot - Meep. meep. MEEP! - That funny looking science Muppet that can't talk.
Also something else new is that we can give warranties on all of our cars sales (if you want it) so even if you resell your car to your self you can pick that up and its a good value...but will have more info on that and much more.
Anyway..I have a meeting coming up on this and I am also starting a youtube "show" where I will make clips off and on about what I am doing and building this company and then getting Easy Recycle back up and running =)
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