Title Loans in Maywood, California
At Platinum Lending, bad credit is not an issue when you are applying for our online title loans in Maywood. In fact, our company specializes in lending money to customers with a compromised credit history.
If you have a free and clear title and a consistent source of income, we invite you to apply for title loans in Los Angeles from your home or office. With a click of your mouse and a few strokes on your keyboard, you can get approved for cash quickly.
Millions of residents in the sunny state of California benefit from title loans. Some customers use the loans to pay monthly expenses such as rent or utilities. Other customers use title loans in Maywood to pay for back-to-school expenses and supplies. Online title loans provide a convenient way for you to get cash when you really need it.
What Are Title Loans Maywood?
When you purchased your car in California, you received a title from your local motor vehicle department. If you financed your car through a lender, the company was listed as a lien holder on your car’s title. After you repaid the loan, your lender’s name was removed from the title. Titles that do not have lien holders are considered to be ‘free and clear’.
If you have a ‘free and clear’ title, you are able to use that title as security for a loan. You can borrow up to the estimated value of your car. When you borrow money against your car’s title, you get to keep your car, and the title lender is listed as a lien holder until you repay the loan.
California Laws for Title Loans Maywood
Unlike some of its neighboring states, California does not have laws that prohibit you from using your car’s title to get quick cash. However, there are laws that govern your title loan transaction. Title lenders must put the terms of the loan on a written contract.
If you borrow under $2,500, title lenders can charge up to 30 percent for interest rates. For amounts that exceed $2,500, lenders are not limited in the amount of interest that they can charge. Our Maywood title loan representatives at Platinum Lending will work on your behalf to help you obtain affordable interest rates.
Online Title Lending
- Complete an online application using your computer, tablet or smart phone. The application will require you to provide personal information such as your name, address and telephone number. You will also need to provide information about your vehicle such as its make, model, year and mileage.
- Get a free estimate. Once you have submitted your application, you will receive a free quote of the estimated value of your vehicle. This quote does not obligate you to secure a loan with us.
- Finalize the loan. If you decide to move forward with the loan process, a title loan representative will call you to complete the process. After the full loan package has been finalized, you will receive your cash in the bank within a few days.
In order to have a successful experience with your title loan, you must follow a few guidelines. Pay your installment in full and on time. Borrow an amount of money you can comfortably afford to repay. By following these guidelines, you can join the thousands of other customers who have experienced success with Platinum Lending.