Frankly speaking, chances of getting a second title loan before paying off the first one is low but not impossible. However, there are ways that can help you get another title loan even if you already have one. Many consumers come to us with important questions about title loans.
One of the questions we hear often is, What if I already have a title loan with another company?
This question is asked about 20 times a day and believe it or not, some title loan lenders actually compete for this business.
The short answer is, “It depends.” We are happy to help you determine the best way to proceed if you already have a title loan with another company.
In many cases, we can still help you with financing after resolving a few details. There are several reasons you may want to do this and this is the reasons why MOST people do it:
- You are behind on your current loan and you are worried about default. This way you can have the other loan paid off and start fresh.
- You are in a loan with a high-interest rate and you found one like car title loan California which is the lowest game in town. This is a very good move and can save you hundreds if not thousands of dollars!
- Your current title loan company is being jerks even when you pay normally. You simply do not like them.
- You need more money or you need another loan.
Some people get into a financing situation with another lender and find themselves stuck with high interest and exorbitant fees.
When this is the case, Car Title Loans California may be able to step in to help. The right question to ask here isn’t, “What if I already have a title loan with another company?” but “Can I get a better car title loan than I already have?”
It’s often possible to refinance a title loan already in place with a new loan. What’s more, it may be possible to accomplish this financing at a more competitive rate to save you cash in the long term
Most People complain that car title loans have very high interest rates and therefore they have been advised to pay them back as soon as you have the cash to do so.
But we are an exception to every rule and if you really need a second title loan, here we have written a few ideas that can help you to get a second loan.
Car Title Loans California wants to help you no matter what your situation is. That’s why in most cases we can refinance any title loan you already have with a lower rate at Car Title Loans California and pay off your existing title loan.
You can apply your second title loan with us. This online auto title loan application works both on a mobile or laptop/desktop.
You can get up to $50,000 or more. We offer great benefits: Instant Approval – Better Rates – Secured and Confidential Application – 100% Registered & Licensed Lenders. Visit us now and start saving money today!