Rod Aycox is founder of Select
Management Resources which is the parent company to LoanMax, North American
Title Loans and Midwest Title Loans. He is considered to be the pioneer for
introducing the notion of “quick and easy” loans and has done more to expand
the availability of title loans than anyone. Through the companies he
established, he helps cash-strapped customers by giving them an immediate
source of finances for emergencies and other unforeseen expenses. All you need
in order to receive a title loan is the title to your vehicle and a copy of
your ID and you’re in and out under twenty minutes or less, no hassle, credit
checks or prepayment penalties.
Everyone, no matter how rich
or poor, will come across a situation where they are in extreme need of money
but don’t have the liquid in hand. They might have even thought of getting a
traditional loan but then think of the hassles of prepayment penalties, paper
work and credit checks, which more so often seem to keep them from getting the
loan all together. Rod Aycox gave people an outlet because his business fills a
void left behind by banks and credit unions unable or unwilling to provide high
risk loans to those who don’t have good credit. Rod believes that just because
you have bad credit, doesn’t make you a bad risk!
Rod Aycox's business only
deals with title loans, which are very different from pay-day loans. Critics
often times like to confuse the two. A payday loan is where the borrower
borrows a relatively small amount of money lent at a high rate of interest on
the agreement that it will be repaid when the borrower receives their next
paycheck. However, lots of times with payday loans you are paying additional
fees and often times make a bad situation momentarily better, and then a whole
lot worse!
Rod's businesses has stayed
thriving for over 25 years and runs over 1,000 stores in more than twenty
states nationwide. Rod Aycox's main goal is to serve residents in each
community with instant loans and eventually reach world-wide.
