Auto Equity Loans Launches Three New Offices

July 15, 2010

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WILMINGTON, Del. — Auto Equity Loans, a provider a short-term loans based on "clear and free" auto loan titles, announced it is opening three new offices in Wilmington, Bear and Newark, Del.

"Banks have shut their doors to consumers who need short-term loans," said David Levi, a spokesperson for Auto Equity Loans. "We have an open-door policy, and make getting a loan simple and painless. We give individuals and business owners the freedom they need to bounce back."

Due to recent successes in Arizona, Auto Equity Loans indicated it is broadening its reach to help more individuals in need of immediate cash.

According to officials, the company offers competitive rates and allows the customers the ability to establish the terms to pay back the loans. Auto Equity Loans also indicated it waives any processing, lien and application fees. In most cases, the company's management said they will make interest rate reductions for customers who make payments on time.

Customers who pay off their loans prior to the end of the term are not penalized, officials added.

"We offer our customers loans up to 90 percent of their vehicle's value," said Levi. "No other title loan company will offer you more for your loan or provide you with the ability to set the terms of the agreement. The best part is that you maintain possession of your vehicle."

Business owners are also invited to apply for a title loan to help purchase equipment, buy needed office supplies, make payroll, or any other needed service or commodity to run their business more efficiently.

For more information, visit www.aequityl.com or www.detitleloans.com.

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