|By PR Newswire||
|April 4, 2014 06:18 AM EDT||
SALT LAKE CITY, April 4, 2014 /PRNewswire/ -- Having recently changed their business model, and having introduced their new lower interest rates, TurboTitleLoan.com has added two new features to their website allowing consumers to gain valuable information regarding the company's online auto title loan product. These features are an interactive map and a new, state-specific "loan calculator".
TurboTitleLoan.com has always featured a "loan calculator" on its home page giving customers an estimate of their potential monthly payment. The improved, state-specific loan calculator allows customers to get an accurate estimate that reflects the interest rate in their home state. The interactive map will allow customers to click on their home state to view documents, interest rates and any other pertinent information regarding that state, price comparisons and the auto title loan process.
Access to these new features will allow customers to immediately see the significant savings they will enjoy and assure them that TurboTitleLoan.com is operating in accordance with state regulation.
TurboTitleLoan.com has sought and been granted licensing in multiple states. State licensing limits the amount of interest a company can charge on a loan. The rate cap varies by state. TurboTitleLoan.com's new interest rates will range from 12-36% APR. In states with no cap in place, TurboTitleLoan.com will only charge 36% APR, by far the lowest in the industry. These new rates translate into significant savings for the borrower, in many cases thousands of dollars over the life of the loan.
"Our goal is to give the customer as much information as we can on our website, making it a quick, easy and informative experience," said TurboTitleLoan.com's spokesperson.
TurboTitleLoan.com is a vehicle equity lender. They have helped thousands of satisfied customers across the United States gain access to needed funds in a timely manner. TurboTitleLoan.com revolutionized the auto title loan industry by moving the entire process from application to funding onto their secure online platform. Transparency, security, affordability and customer service are the cornerstones of their business.
This press release was issued through 24-7PressRelease.com. For further information, visit http://www.24-7pressrelease.com.
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