Title Loans in Chico, California
Not everyone is fortunate enough to get a personal loan these days. With changing laws and tougher requirements, most average, hard-working American citizens are left out in the cold when it comes to loans approval. Loans are demanding and if you have studied bank loans or credit unions, you know that not just anyone can apply; unfortunately, most loans cater to those who already have or those who have a good financial reputation. But what about you –the average, hard-working American who might not have much to show for yourself except years of long hours and some minor assets, what can you do?
The answer is easy and you might not have even heard of it –title loans in Chico, California are here to save you from financial headaches and heartaches. California title loans can help you escape money matters in a few hours, keep reading to learn how you can get a title loan today in Chico, California.
Title Loan Requirements:
If you own a car, you are eligible for a Chico title loan. You must present proof in the form of a car title that you should have on file somewhere. If you have misplaced or lost your car title, contact your local DMV or the DMV where the car was registered to obtain one.
If you do not own a car, but are paying one off and are close to ownership, you are eligible for a Chico title loan. You must collect your car payment receipts either from your own personal files or from the leasing agency where you signed the contract.
If you do not own a car or are not close to paying off a car, then unfortunately you are not eligible.
You must show proof of age, meaning a state of government issued photo ID that states you are at least 18 years of age. The ID must be valid and not close to the expiration date.
You must fill out and sign a title loan application that you will obtain from the title loan agency where you are inquiring.
Title Loan Car Quote
Each title loans Chico comes with a free car quote. This is a standard part of the process and takes only a few hours. There is no fee what-so-ever for the car quote. A team of car specialists, who have been in the title loan business for years, will look over your car thoroughly with the assistance of the Kelley Blue Book. The title loan estimate will earn approximately up to but not greater than 75% of your car’s equity. In most cases, applicants will be offered a few hundred to a few thousand dollars.
Title Loan Contract
The title loan contract will be presented to you by your title loan lender. It must be written in the language in which your car estimate and loan was discussed. If there are any questions or doubts about the contract, ask your lender immediately. If you feel uncertain or need clarification about the contract, don’t hesitate to contact a financial expert or a lawyer prior to signing any legally binding document.
Title Loan Payments
Title loans in Chico offer several payment plan options. This is one reason why title loans in Chico are so popular because they really do cater to their clients. There is a payment plan to satisfy each and every customer out there –even you. Customers should carefully analyze their regular bill schedule in conjunction with their employment status prior to selecting a payment plan.
If at any point, the customer should find the payment plans difficult to manage, the lender should be contacted immediately. There are consequences for late payments and/or default payments, therefore clients should be responsible and realistic about the payment plan schedule or any issues that should arise around paying back the loan.