Title Loans in Chula Vista, California
Title Loans Chula Vista – What are They Really?
Title loans Chula Vista are loans that are secured by car titles. The car tied up to the loan must not have any legal or financial encumbrances. These loans are usually resorted to when the borrower needs immediate cash.
He could use the proceeds of the loan for any purpose he may deem fit. It is not the concern of the lender where he uses the loan amount. What the lender is after is the borrower’s capacity to pay.
If and when the borrower is unable to pay off his loan amount, plus interest, the lender may take complete possession of his car. There are laws in Chula Vista that the lender has to satisfy, however, before he can take full possession of the borrower’s vehicle.
If you are in need of immediate cash due to some personal or family emergencies, this is your best option. Going to the bank to apply for a loan might take a lot of time and effort, and you’re not still sure if your loan application will be approved.
How to Apply for Title Loans Chula Vista
Title loans in Chula Vista are the simplest and easiest loans you can take out from a lender. In as short as 24 hours, you can get your much needed cash. Here is what you need to do:
- Visit our Homepage
- Find the apply button in the top right corner and a dropdown box menu will appear.
- Select the type of your vehicle from the three choices given, which are car, commercial vehicle, and motorcycle.
- Click the type of your vehicle.
- A box will appear which you have to fill in with a variety of information about your car. This is part of the online title loans application form.
- Type in the required vehicle information including make and model, and year of the vehicle.
- Type in your basic personal information such as zip code, name and phone number to use for contact.
When you have accomplished the online loan application form, you will be given a free title loan estimate. Then you will receive a call from a Platinum Lending loan officer to discuss the decision.
Legal Regulations About Title Loans
The laws regulating title loans in Chula Vista offer protection to most borrowers but it doesn’t control most of the title loan lenders in the state. In light of the administrative proviso in lending laws, lenders of title loans are unregulated.
But the California Department of Corporations and the California Attorney General’s Office are in charge of upholding such laws in the state. If you want to be sure about title loans in San Diego, ask for the guidance of an attorney who specializes in providing legal counsel in this regard.
Perks of Title Loans
There are several benefits you can enjoy in applying for bad credit title loans. Some of them are:
- You keep your car.
The lender will only require you to hand in the title of your car, but you get to keep your car, and use it every day just as you’ve been doing before.
- There is no insurance required.
Most lenders of title loans in Chula Vista don’t require their borrowers to buy road side assistance protection in applying for a Chula Vista title loan.
- No credit investigation.
You will not be accosted by credit investigators to check your credit rating and credit history.