Have you ever had an emergency and asked yourself the question: ‘how do I get extra cash?’. The need for cash is one thing almost all American citizens have experienced. At some point in life, we do find ourselves in such situations and have to seek some financial assistance.
We might urgently need some cash to start up or support a business, to pay the school tuition fees, to clear unpaid and accruing bills or to cover the expenses of a planned trip and perhaps any other financial emergency that might cause an embarrassment.
When faced with such situations it might become very difficult for us to clearly see the possible options, so here – a title loan is one great way to get quick cash support when you urgently need it and rescue yourself from the depth of such bad situations; Get a loan on your car, using your car title as collateral.
This is one quick and reliable option to explore when you are in critical need. So are you considering a reliable car title loan company – especially if you live in California? Please allow us present to you: Car Title Loan California; the right door of hope you need to access and find help in times of critical need.
In this article, we’ll present you with facts about the subject of title loans; what they mean and how they work, as well as what you need to have to qualify.
What Title Loans Mean
A title loan is a means of getting a quick short-term loan. They may be quite expensive, but they are a great way to get that cash you need and to get the cash fast too. Since it is a secured loan, you will have to present a collateral in exchange for the loan, and the collateral here is the title of the car.
In getting an auto title loan, you are willing to surrender the legal document that shows your ownership of your car to get a loan in exchange. So a car title loan can be your savior if you’ve got no other option, if your back is against the wall, if you are at a tight corner, depressed because of an urgent need that requires cash fast.
Car title loans are also called pink slip loans, auto title loans or vehicle title cash advance., and it is not limited to cars and vehicles only. A motorcycle, camp truck, van or SUV can also qualify for a title loan.
How Title Loans Work
The way a car title loan works is not as complex as most ignorant folks think. Most people are judgmental – sort of about title loans because they partially understand the concept or they are completely unaware of how it works. Now, this is how a title loan works;
In a pink slip loan, you are receiving an amount of money as a cash advance against the value of your car, with your car title or pink slip as collateral. So basically, as far as you have a car or vehicle in your possession, with a clear or salvage title in your name, you can get a pink slip cash advance.
If what you have in your car is an equity, no problem. An auto equity loans work the same way car title loans work. The loan amount you can access depends on how much your car is worth, or how much equity you have in the car. The higher the car’s value or equity, the more cash you will qualify for.
With Car Title Loans California, it works a little different but better. For example, though auto title loans are short-termed, we give you a payment period of 24 to 36 month, much longer than what is offered by our competitors.
We also run your car or vehicle through Kelly Blue Book to determine the recent wholesale value. And we give you as high as 85% of your car’s value, much higher than what any other title loan company can offer. Though there is no specific credit requirement that you must have to get a title loan.
Like any other type of loan, an interest is involved. So you pay back whatever you borrow with an interest. You do not give up your car to collect a title loan, although you could lose your car through repossession if you fail to make payments regularly as agreed.
Compared to traditional banks and credit unions, a car title loan from a title loan lender is designed to work differently, with easier processes.
Title Loan Calculator
Before deciding to get a title loan, you also need to be well equipped to know what to expect, and if it’ll suit you. There are also some simple but necessary calculations that are vital to carrying out so you wouldn’t wind up in the dreaded debt cycle, paying charges you easily could have avoided on a loan you took simply because you ignored some vital details.
A title loan calculator is a tool that can help you take out a loan that will perfectly fit into your financial plan according to your financial strength. It is a computing system that is used to calculate how many loans you can get, as well as what your payments will look like.
Title loan calculations also provide you with an estimated value of your car title loan, giving you an estimate rundown of your total repayment amount and at what interest rate you are making the payments.
These estimates from the result of the title loan calculator provide you with the right figures about the title loan, and also helps you determine if the title loan is something you can easily afford without any stress on your finance.
This financial calculator requires you to input simple data to find out the title loan estimate; like the number of months the loan will last (loan duration) and interest rate. For example, to know your payment plan, you will need to input;
- this loan amount you intend taking (principal),
- how long you expect the loan to last, and
- an interest rate (could be that of a competitor).
You estimate your title loan to find out how much cash you could receive, as well as how much regular payments you are to make monthly. The estimate of a title loan calculator is based on the principle of simple interest involving a principal, interest rate and time.
Quick Cash, Bad Credit
People take out a title loan for so many reasons, especially people with bad credit or poor credit records. In times when you face critical financial burdens and need quick cash to take care of such urgent needs, then a vehicle identity loan is what you need. But then, one question we hear from most folks is ‘is it even possible to get a title loan with a bad credit?’
The answer is simple; you can get quick cash even with your bad credit with a title loan on your car.
On like traditional lenders or other forms of lending like a payday loan, title loans are usually issued by the credit-based lender. Although car title loans are an asset-based loan, which does not pay much attention to your credit history, your credit report is one vital criterion that is required to know how trustworthy you can be in terms of repayment.
Even if your credit is poor or bad, you can still get a title loan as long as you have a car, a car title or pink slip in your name, and you can provide the necessary requirements. However, at Car Title Loans California, we need to do a quick credit analysis to enable us to reach a payment plan that you will find convenient and can pay without any pressure on you.
How Do You Get a Car Title Loan?
You can get a title loan in just three steps;
- Provide the requirements
- Get an approval
Requirements for getting an Auto Title Loan
Here are some of you need to get a title loan;
- Your personal details: Whether you do a physical, an online or an over-the-phone application, you will have to provide your basic bio-data. Here, you will be required to provide your full name, e-mail, phone number and residential address to be included in a database of lenders and for identity validation.
- Your car or vehicle: this is like your major key to qualifying for a pink slip loan. The car you are presenting has to be sound and roadworthy. Your car’s value is what determines how much cash you can get. So it is vital that your car can qualify you for even more title cash.
- Clear or salvage car title: The collateral – your car title must be in your name. if you happen only have a certain amount of equity in the car, you can get an auto equity loan, provided your equity in the car is reason enough.
- Car inspection: this is a major requirement since it is the stage where the actual amount you are entitled is determined. The internal and external condition of your car will be checked and evaluated.
After a brief inspection of your car, we will hold on to your car title and hand over the loan sum to you. As long as you diligently make your payments, you keep possession of your car.
- Simple documentation: This is where you provide some basic papers to authenticate the details in your application, and to facilitate the collection of the cash advance. These documents could be;
- a means of identification or any document to verify your identity. A valid government issued ID is another important document to verify your age as well.
- proof of residence
- your car or vehicle insurance
- Proof of your monthly earning (a regular salary, benefits, or a functioning business) to know how reliable you can be concerning repaying the loan. No reasonable lender would want to give you a loan knowing that you won’t be able to repay the loan. Putting you in the worst situation than you were before taking a title loan.
- Photographs of your car to show the interior and exterior of your car, including the mileage reading of your odometer. The mileage reading determines the actual current value of your car so that we can evaluate and reach the maximum loan amount that you are qualified to access.
- Names and other basic details of references that will stand as guarantors in case you begin to face difficulty in repaying the loan. Your references will also have to confirm that they know you.
note that car title loans are not permitted in every state in America. However, California is one of the states where title loans are permitted. Since we are licensed to operate within California, and our requirements are in line with state laws.
Online Car Title Loans
A title loan gives you the opportunity to get quick cash. The process becomes even faster when this title loan is completely online. No waiting or long queues at a title loan office, no prolonged paperwork. Simply by filling up an application online, you can get a 100% instant car title loan.
By now, you already know that there are so many other options for you to get the funds you need, but you don’t stand a chance of you getting this cash fast through any of those options. The thing is, when the need for the cash is pressing and urgent, a swift financing option is what you should go for, and this is where a title loan saves the day.
Be it emergency medical bills, repairs, and maintenance, tuition fees, or any other form of life’s uncertainties, do not fret. Go for a car title loan. With only a few things we require from you, you can get the cash you need.
You can apply for an online car title loan by simply providing us with some information in our online application form. An online auto title loan service offers a completely online application process, giving you the loan you need in just three steps;
- Apply for the loan
- Get an approval
- Receive your cash
Compared to the stress or the long queue you may face when applying for a title loan in a physical office, the requirements for an online auto title loan application are simpler and brief.
Simply by providing basic information like your;
- Full name,
- Phone number,
- Vehicle year, and
- Vehicle make,
you can find out instantly online how much cash your car qualifies for. These requirements are what will facilitate your online title loan approval process.
To get an online title pawn loan with Car Title Loans California, visit our website to get started, complete the instant title loan application form at the top of our webpage, and find out how much fast loan amount you qualify for. There are no application charges whatsoever.
We provide you with an easy online application on our website. And if you feel stranded or confused anywhere along the line, you can call us on 1-844-242-7467, and we will guide you through the entire auto title loan process.
Benefits of Car Title Loans
When most people think of title loans, they see it as a one-way ticket to more debts. But in actual sense, this is not the case. When you take out a title loan, you open yourself to a host of benefits.
So far, you can see how easy it is to get a car title loan completely online. So if you are in need of money to handle a critical need, one sure way to get quick funding is an auto title loan. Here are some of the benefits of getting title loans on your car’s value;
- Simple and fast application process. It only takes you few minutes – 5 to 10 minutes to apply, and not more than 24-hours to get your money.
- Quick approval. you get the title loan approval as fast as you can provide the loan requirements needed. If you can do that within minutes, then you get your cash in minutes – on that same day.
- Though title loan interest rates are high, our interest rates are quite competitive and relatively low (the lowest you can find in California). We offer you the best rate for your budget that you can find.
- Title loans contract terms are milder and more comfortable, with no hidden fees or charges compared to other funding options.
- Your current credit status is not a deciding factor in your qualification for a car title loan in California. With your poor credit, you can get a title loan.
- At Car Title Loans California, our car title loan policies exclude role overs. But from your monthly income, we will work with you to reach a repayment plan that will suit your financial plan.
- You already know that auto title loans are typically short-termed. But here at Car title loans California, we offer you a longer payment period – 24 to 36 months.
- With our efficient car title loam calculator, you can expect to receive a higher loan amount of at least $2,050 up to $50,000.
Do you have a car of your own? Then you can use what you have to get that urgent cash you need. Anybody can benefit from a car title loan. And it is important you find and choose the best auto title loan company near you.
The application process is quick, straightforward, and it takes a very short time to get the title loan approval. It can be done online or over the phone. The application process totally cuts off the complex documentation associated to conventional loans and focuses on the basics.
A car title loan can reasonably improve your life if you have a poor credit history. You can get a payment plan that will perfectly suit your current financial status and budget. We will even allow to pay back your loan as early as you can without paying any prepayment charge.
A title loan is a guarantee that you can get money fast using your car title as collateral whenever you are penniless or in need of quick cash to settle any urgent need.
The major benefit of pink slip loans or auto title cash advance is that you will keep driving your car while you pay the loan back. Furthermore, in most cases, the payments are kept low so you can pay off the loan without any uncomfortable pressure.
It’s Easy to Get an Auto Title Loan Near Me
Car title loan California is the one-stop title loan company for access to quick cash loans. Whether you have poor credit or no credit status at all, it is easy to get a car title loan with us whenever you need money for any need that arises.
Getting a car title loan in California and its environs are easy. If you apply now with us, it only takes very little effort on your part, and you can get your car title loan approval in minutes! We can even approve your title loan over the phone or online. We will ensure that you get the money fast and on the same day, you apply.
- It’s quick,
- It’s stress-free, and
- The entire process is not complex at all.
If you reside in or around California, then you can easily get a car title loan from near you. The thing is, there are dozens of title loan lenders scattered around the US – California. And if you live in California, finding an auto title loan is no problem at all. Be it Los Angeles, San Jose, Riverside, San Francisco, Sacramento, or any other county within the state of California, you can get a title loan near you.
There is always an auto title loan provider near your location. And if you’re thinking of the best title loan program or service you can get, they should be your No. 1 choice. Car Title Loans California has dozens of locations scattered within California. So anywhere you reside in the state of California, you can easily get a title loan from any of our locations near you.
The reason why we have our offices close to you is for your convenience and comfort. We are 100% committed to assisting you to get the quick cash you need for that emergency.
Car title loans or auto title cash advance has been the major funding option that most American citizens subscribe to in recent times. These loan service products come in different forms across the US, including RV title loans, motorcycle title pawns, auto equity loans.
And yes, there is a Car Title Loan California location near you where you can access all these title loan programs. Just in case you are still asking yourself the question, where can I find a car title loan near me? Then look no further – we’re right here. You can easily find our office locations and title loan stores close to you. For details, give Car Title Loan California a call today on 1-844-242-7467.
Is a Car Title Loan a Bad Idea?
No doubt the subject of title loans are most times a subject of debate. A lot of folks still think that the car title loans causes more harm than good to your credit. So the big question here is “are title loans a bad idea?’
From the way title loans work, as earlier described, they are usually short-term loans that you can take in a situation of a financial emergency. So we understand that when it comes to making a financial decision concerning title loans, you may feel a little uneasy, uncertain and perplexed.
Irrespective of the fact that there are so many risks involved with pawning your car title for a loan, you may also be wondering if this option of getting fast cash is a great idea. Well, here are some facts;
|Title Loans||Other Options|
|Quick cash||Takes a long time to get the cash advance|
|Easy and simple loan acquirement process||Complicated process, with too many conditions|
|No credit, no problem!||Your credit is a vital criterion|
|You still make use of your asset – your car||When it involves collateral, you give it up for the loan|
A car title loan is quite straightforward to get, and the cash can be received very quickly too. If you apply for an online title loan, you could receive your cash within minutes of application, in 24 hours. Once you have provided all of the necessary information required, it gets easier from there.
Getting a loan from conventional lenders like banks and credit unions can be a very stressful and tedious adventure. On like other funding options like conventional lenders, there are no complex documentation and the process sticks to the basics, which are;
- car title, and sometimes,
- proof of residency.
Your credit report is not a yardstick for accessing an auto title loan. You may have poor or bad credit and still get the loan. In fact, this type of loan is designed to assist folks with credit that is not so great. Traditional banks and credit union are credit-based lenders, so your credit score is a major determinant of your eligibility for a loan. Your credit has to be perfect before you can get a loan from a bank.
Title loans also work faster (in almost all cases) than other financing options out there. And while your car title stands as the collateral, you still keep possession of your car or vehicle.
There are testimonies of some folks who successfully managed to rebuild their credits via the convenient payment plan of a title loan. So car title loans can be great tools for people who are in a critical financial situation and know they will have the money to pay off by the time the term ends.
Title Loan Providers in California
It is an established fact that when you have emergency expenses and you need to settle them as quickly as possible, it is easier to get a title loan on your car. But then, choosing a title loan company that offers such service – a title loan provider is more important. It will surprise you to know that one thing most individuals search for online is a car title loan company and hoe to find the best title loan, the lender.
We should point out here that a title loan provider has to be licensed to operate and offer title loan services within a state. So when searching for a title loan company, consider a licensed lender in your state of resident first. For best result, narrow down your search for a title loan lender to your city of residence.
There are several title loan providers in the US and a fleet of them in California. For example, if you reside in Los Angeles and you are searching for a title loan company, looking up “car title loans in Los Angeles’ gives you a better chance of meeting the right loan lender. if you desire the best title loan from a trusted title loan provider in California, Car Title Loans California is your one-stop auto title loan company.
Different title loan providers work with different policies. Some are efficient, others are not. But in your lookout for a title loan provider, consider the following tips;
- Ensure that every of the title requirements and stipulations is outlined and explained in details by the provider so you know exactly what you are getting into. This will also help you escape the dilemma of hidden charges and unexplained fees.
- Be careful not to fall into the trap of title loans middlemen. These companies exist mainly online, collect your information, claim to offer you a mouth-watering title loan service, only for them to ship you off to an actual title loan lender for profit.
- Pay attention to online reviews from costumes that have taken out these loans from your company of choice. If more people say good about the title loan provider, then it’s possible you could enjoy the same satisfaction.
Once you are confident about the lending company you have chosen, then you can go ahead to send them the information required of you.
You are not alone if you need to get a loan or find a great title loan lender near you. Do you live in California, and need the best title loan provider in California? There’s only one that is ideal; Car Title Loans California.
Why You Should Choose Car Title Loans California
Don’t let the weight of circumstances put you on the edge when picking a car title loan company here in California. Remember that the quality of loan experience you get depends on the choice you make, and that’s why Car Title Loan California is here to offer you the best services and help you get the funds you need, quickly.
-Convenience Cash Advance: Are you living in northern California – San Francisco and you need cash in your pockets and need it really fast? Do you also want to get a cash advance from the best Car Title Loan lender in San Francisco? Then Car Title Loan California is here for you. We are dedicated and committed to assisting you to get fast loans in San Francisco, California.
-Flexibility: Lay aside the weight of too many paper works and hiccups. There ought to be a difference between getting a Car Title Loan from a lending company and getting a typical loan from a traditional bank, right? That’s why Car title loan California – San Francisco is here to make that difference clear.
Car title loan California is flexible, unlike getting a loan from a traditional bank which is tiresome and sometimes almost impossible as a result of excessive documentation and obligatory requirements. Not to mention the long waiting period you must go through before getting the funds and that’s only if you are lucky to get an approval, or the futility of approaching a bank or credit bureau with a poor credit score.
-Budget-friendly Policy and hassle-free: We understand there are other options of getting a cash advance like payday loans and pawn shops, but they also come with a lot of disadvantages and that makes getting a cash advance on your vehicle or car title the best option. A car title loan offers you a more flexible loan contract policy that will fit into your current budget, and suit your financial needs.