What to Expect
What to Expect When Contacting 722 Redemption
- An Experienced Agent Will Explain Your Vehicle Options to Determine Whether or Not Our Programs Will Benefit You!
- Our Main Objective is to Save You Money!
- To See If You Qualify, Please Have the Following Items Ready When You Call:
- VIN (Vehicle Identification Number)
- You can find this on your vehicle registration, insurance card, title or even on the vehicle itself.
- Current Mileage
- Your Current Monthly Payment Amount
- i.e. $550/month
- The Amount of Payments Remaining OR Your Current Loan Balance
- VIN (Vehicle Identification Number)
If We Proceed With a Redemption Loan, We May Ask For These Items
- Proof of Income
- Vehicle Registration
- Driver's License
- Picture of Odometer/Mileage Reading
Here are the Steps of Completing a Redemption Loan
- Initial Contact/Savings Analysis
- Credit Application
- Conditional Approval
- Paperwork Request (See Above)
- Full Approval
- Vehicle Appraisal/Valuation
- Send Paperwork to Attorney
- Attorney Files the Motion to Redeem in Court
- If the Motion is Objected, We Will Work With Your Attorney as Needed to Get Approval From the Courts
- Judge Signs Order Granting the Redemption
- Loan Contract Sent to You
- Once We Get The Contract Back, We Will Pay Off Your Current Creditor For the Agreed Amount