While people are already familiar with car title loans or vehicle title pawn, some others are still ignorant of the fact that they can even get a loan against their motorcycle title as well. Well, if you are here, then you are sure to find out about motorcycle title loans and how a motorcycle title loan works.
Getting a loan against the title of your motorcycle is entirely different from getting a loan from the bank. The process is much easier, and you can qualify for the loan even if you do not qualify for a loan with a bank.
In life, some unforeseen circumstances do arise, and you may need more non-traditional methods for raising money to tackle such emergencies.
If you own a motorcycle, or you are almost through with making a complete payment on your motorcycle, then you could be able to use the motorcycle title as collateral for a loan.
A motorcycle title loan is another form of an auto title loan. And getting title loans on motorcycles presents you another option for financing that project when you are a little short on your planned budget.
A title loan on motorcycles offers you a lot of benefits compared to getting funding from other conventional methods like banks and credit unions.
You use the title of your motorcycle as collateral to get this loan. And the money you collect could be used to settle that critical situation that requires urgent financial attention, as well as liberate you from any outstanding financial burden.
Bad credit or a poor credit score has nothing to do with your eligibility to access motorcycle title loans. So, if your current poor financial status is your concern, then you don’t need to worry. This type of loan allows for that, and people in such situation can easily access it.
So if you are reading this right now, it is possible that you are looking to rebuild your credit through the help of a title loan. Or that you need help with paying your bills on time, or you would like to learn more about how to get a motorcycle title loan, then you are in the right place.
What is a Motorcycle Title Loan?
A Motorcycle Title Loan is an auto title loan that requires the clear title on your bike as collateral. It is quite similar to getting a car title loan.
To access a bike title loan, the value/condition of your bike and your ability to complete payments of the loan are important. These criteria also determine the amount of the loan you can access.
Some people out there do not own a car or vehicle, but they have a bike or motorcycle. That is why Car Title Loans California offers motorcycle title loans to customers. So, if you own a motorcycle with a lien-free title in your name, then you are eligible to access this type of loan.
Motorcycle Title Loans are a better choice in times when you need to get quick cash to settle urgent financial obligations. They are also a better alternative to other forms of loans.
With Car Title Loans California, you can get quick cash from $2,500 up to $50,000 once your loan request is approved.
Do you need cash to pay off an outstanding bill quickly? Are you facing some financial burdens that require urgent cash? Or have your loan request been turned down at a bank? You can get the cash you need simply by tendering your motorcycle title as a security guarantee.
We give you the opportunity to continue riding your motorcycle while you pay off the loan. You get your motorcycle title back once you complete repayments.
How to Get a Motorcycle Title Loan
By now, the question probably running through your mind is; how do I get a Motorcycle title loan?
It is easy to get your motorcycle title loan approved. If you are in California, then with Car Title Loans California, all you need to get approved is a clear motorcycle title and a valid government-issued ID (such as your driver’s license).
Of the numerous motorcycle title loan stores in California, Car Title Loans California stands out. When you approach us to get a motorcycle title pawn, our experienced title loan representatives will ensure you get the cash you need fast and easy. We are the best motorcycle title pawn in California.
Once you sign and you receive the loan amount, you are bound by law to repay the loan. Failure to comply leads to a default, which could result in your motorcycle being repossessed and resold in an auction.
As the law requires, how much your loan amount will be, how long the loan will last, the interest rate, repossession terms, and rights, or any other necessary information involved with your loan will be completely spelled out in your contract.
Our representatives will also further explain the details of the contract to you so that you don’t worry about not understanding the terms of the contract. Our policies at Car Title Loans California are consistent with the bylaws set by both state DBO and federal regulations, so, you are in good hands.
How Do I Apply For a Motorcycle Title Loan?
For your convenience, we have provided you several options. You can visit any of our offices within the state of California for your motorcycle title loan application. You can also apply for a title loan quote on your bike right online or over the phone when you give us a call.
There is some vital information we will require you to provide. These data include;
- The make, model, and the mileage on your motorcycle.
- Your personal details (your name, address, phone number, and valid means of identification)
It only takes a few minutes to fill out and complete the motorcycle title loan application. Once the application is complete, our customer service personnel will follow up your application, guiding you through the entire process, and finally, come up with a loan amount you motorcycle qualifies you to access.
The process is quick and stress-free, and you will receive the money on the same day of the application, within minutes.
On like the case with some other alternative lending options where they will ask you what the purpose of the cash, you are free to spend the loan cash any way you wish.
Be it celebrating a remarkable occasion, paying for that much-needed vacation, offsetting a critical financial emergency, paying for medical bills or helping out a friend in need; it is not in our position to know the use of the loan cash.
Benefits of a Motorcycle Loan
When it comes to enjoying the best motorcycle title loan experience or getting the best out of a motorcycle title loan, Car Title Loans California has got your back.
When life’s financial burden gets you down, and you need some extra cash to assist you to settle some bills, car title loans California is your trusted partner.
Some of the benefits of a motorcycle title loan are that;
- You will not be charged any prepayment penalty if you pay earlier than stipulated in the contract. Rather, you stand to improve your credit score if you manage to pay up on time.
- Your credit score is not a yardstick for getting a motorcycle title loan. Rather, you have an opportunity to rebuild bad credit when you keep up with your monthly payments.
- It is totally up to you how you intend to spend the cash acquired.
- There are no surprises or hidden charges. You also have the backing of the law well spelled out in the contract agreement.
- The motorcycle title loan application process is simple and quick.
- No need selling your motorcycle to a pawn shop or stranger to get cash fast for an emergency.
- An easy online application process. You provide us with much less information than a personal bank loan will require. This you can do right from the comfort of your home or office.
- Usually, you get a quick response within minutes of filling an application. Our title loan representative will respond to your application at the earliest convenience.
- Low and competitive rates
- Usually, you can get your cash on the same day (within minutes) of filling an application. And the only collateral you need is your motorcycle title.
- The motorcycle inspection is less tedious than the inspection for a car identity loan. Sometimes, there is no inspection at all. This is what contributes to the easy access to the motorcycle title loan.
If all these benefits interest you, then your next move should be to approach us and get the application process underway. We look forward to serving you!
While alternative title loan companies are much more interested in giving you a loan once you have collateral, auto title loans are a lower risk financial option. And in the case of a motorcycle title option, your motorcycle title is your collateral.
A little more cash will always be useful. And if you need the money fast, then title loans offer a more efficient option. No need to be devastated by a bank or credit union disappoints you in your quest to get a loan.
It is possible that you may want to consider other ways to raise quick money (like; banks, pawn shops, credit unions, family/friends, and strangers), but the title loan option offers more advantages over them all. Title lending companies respond faster to your needs than banks.
And when you decide to borrow from family members, you may end up creating some social tension which could avoid.
Rather than using your credit rating, or going to a bank where you will be completely stressed out just to access a loan, one easy way to get that important cash you need is to get a motorcycle title loan.
It does not matter if you have bad credit or no credit at all, Car Title Loans California can help you get the cash you need (up to $50,000). Our terms are realistic, and we can give you the loan on any age of motorcycle with a title within 30 minutes or less.
So when you feel trapped in a circumstance where you need access to quick cash, then it will be a wise decision to apply for a motorcycle title loan with Car Title Loans California. A title loan on your motorcycle is a form of secured loan where you use the title of your motorcycle as collateral.
Applying for a motorcycle title loan gives you access to a loan amount of about $5,000. And with us, the process is fast and easy. Our goal at Car Title Loans California is to help our clients get the cash they need in the shortest time possible.
As our customer, we offer you the best; with flexible terms and a stress-free process all for your convenience.
The type of loan, as well as your location, is a factor that determines the requirements for a title loan. However, the process remains the same with Car Title loans California.
First, you fill out the paperwork, and then our experienced customer representative decides on the loan amount that your motorcycle qualifies, and finally, you take your cash while you still keep possession of your motorcycle!
Loan amount requirements vary by state, and we are the best title loan company in California you can find. Contact us today. We have gone through series of tests, and we are trusted. Our motorcycle title loan application is a simple process, and you can apply in person at any of our locations closest to you.
You can also visit our website to fill out the title loan application for your motorcycle, or just give us a call if you prefer a more direct approach. After which, you then provide the title of your motorcycle and the motorcycle itself for us to take a look.
At Car Title Loans California, we understand how important your motorcycle could be to you. This is the reason why you continue riding your motorcycle throughout the loan period. We offer you an easy title loan access. And with us, you get more while you pay less.
Contact us today for your motorcycle title loan, and you will be happy you did!
Car Title Loans California is fully licensed and bonded by the DBO.