Title Loans in Laguna Beach, California
There is a good chance you’ve seen commercials on TV, or you’ve glanced at advertisements discussing title loans and wondered just what they were. These short-term loans are gaining in popularity, and you probably have neighbors, coworkers or friends that have title loans in Los Angeles. These kinds of loans are designed for folks that probably wouldn’t meet the requirements for a traditional loan, which include credit checks. Unlike traditional loans, title loans in Laguna Beach don’t require good credit. This may come as a surprise to some folks, but it can make the difference between obtaining a loan when you really need one and having no other financial options. As the name suggests, title loans with Platinum Lending are loans, which are secured with your vehicle’s title rather than your credit. Lenders hold onto your title according to your agreement until the loan obligation has been paid. Even though the lender holds your title, customers are still free to drive their vehicles wherever they wish. To provide exceptional customer service and streamline the process, we have a quick application for online title loans. Customers can take advantage of free estimates for loan amounts, and we have several convenient store locations within California where borrowers may collect their cash.
Enjoy Great Benefits with Title Loans Laguna Beach
- Customers can choose payment options that work well for them.
- Borrowers still have full use of their automobiles.
- Loan approval does not involve any kind of credit checks.
- Platinum Lending goes out of their way to see that customers are happy and satisfied with loan arrangements.
- Simple online application that makes it easy to apply and saves time.
- Customers may receive cash in hand in about 24 hours.
- Caring professionals work with each client to meet their specific needs and answer their questions before a contract is signed.
Legal Regulation Tips for Title Loans Laguna Beach
Before signing a contract, it’s always a smart idea to learn about legal considerations. Title loans in California are perfectly legal when dealing with a licensed company. Lenders offering loans in California must limit interest rates to 30 percent each year on loan amounts, which are under $2,500. Interest rates may be higher on larger loan amounts.
According to the state of California, lenders are entitled to charge late fees, administrative costs and processing fees when applicable.
Qualifications and Requirements
Frankly, acquiring a title loan is supposed to be easy and quick. There aren’t many requirements to qualify. You’ll need to have some income from one or more sources. Most people qualify with income from their current jobs, but people can also get title loans without a job if they have income from Social Security or a pension plan for example.
You’ll need to own your automobile and have a copy of the clear title. In addition, you need to present identification.
Getting Your Title Loan
Applying for title loans in Laguna Beach is simple and fast. You’ll need to answer these questions on the online form:
- What is the make, year, model and style of the auto?
- What is the current mileage on your auto?
Unlike other banking institutions, you should receive a quick estimate of a loan amount. If you’re happy with the loan estimate and wish to follow through with the application process, you can contact one of our loan representatives to discuss the next steps for completing your loan. Customers will work with the lender to determine payment arrangements and locate a convenient store to collect the loan money.
Whether you’re in need of quick cash or can’t qualify for other types of loans, title loans in Laguna Beach are a nice alternative solution.