Title Loans in Los Angeles, California
To explore other alternatives on getting personal loans, look into how much you can get for title loans in Los Angeles. Here at Platinum Lending, we are dedicated to getting you the most out of the vehicle you own by finding a lender that will work with you. Instead of using your credit to determine your loan, we use your vehicle title for a temporary exchange. As soon as you pay the loan off, you get your vehicle title back! Title loans in California can get their applicants up to $25,000 depending on their vehicle and ability to pay!
What is a Title Loan?
Online Title loans in Los Angeles work the same as other asset-based loans. You will temporarily exchange your vehicle title to secure the loan you get. Since your credit is not needed, your credit score is not a factor to determine the interest rates or loan you get. What does determine the loan is your ability to pay and how much your car is worth in the market today. When you get a Los Angeles title loan, your lender will place a lien on the vehicle. After you have paid it off, the lien will be removed and sent back to you. It is important to understand that these loans are not made to fund lifestyle expenses and are only meant to temporarily help you out in your time of need.
How to Get a Title Loan
When you apply for a Los Angeles title loan, you will have to send us some of your information including your name, zip code, a phone number we can contact you at, the vehicle make, year, model, style and mileage. With this, we are able to give you a car title loan estimate directly from our website or over the phone with one of our loan agents. The agent will also let you know the location of a lender in Los Angeles, as well as some supplementary items you must bring with:
- Photo ID (Driver’s License, State ID or Passport)
- Proof of residence (Utility bill or government mail)
- Proof of insurance (Full coverage insurance is necessary for individuals who receive a loan that is more than $2,500)
- Proof of income (Recent bank statements or pay stubs)
- Vehicle Title (You may get this at your Department of Motor Vehicles or a title service store)
The vehicle is a necessary component to finalizing your contract. The lender must do a quick inspection of the car, and make note of any damages to the vehicle that can decrease the value. If there are significant damages to your vehicle, your loan will decrease according to the severity.
To get your vehicle title, please visit:
Vehicle Registration Service
Address: 12331 1/2 W Washington Blvd, Los Angeles, CA 90066
Phone: (310) 390-3944
Unemployed or Self-Employed
You may be unemployed and are wondering how to get a title loan without a job, you can speak with your loan agent about additional paperwork you can bring in. As long as you are getting income that is reliable. If you are self-employed, you may be able to just bring in recent bank statements for your proof of income.
Terms of Your Contract
Title loans in Los Angeles has a maturity date of 30 days, which starts as soon as you get your loan. If you have not paid that loan back in those 30 days you have the option to renew or refinance with another lender. If you are already involved with another title loan lender, we can help you find a new one for lower rates and cost.