Title Loans Casselberry, Florida
Whenever you’re in need of some extra cash, you have a few loan options available to you. You may apply for a personal loan from the bank or line of credit may be able to tide you over until your next paycheck. But one great option that seems to be overlooked too often are title loans.
Unlike a standard bank loans, title loans provide a unique opportunity to people who may struggle to receive financial support from their bank. Without basing your application on your credit score, bank account, and income, a title loan only considers the sale value of a vehicle that you own.
How Title Loans Casselberry Can Give You a New Opportunity
If you’ve been unsuccessful applying for bank loans or credit cards, a title loan is still an option that is available to you. To qualify for a title loan, you just need to be the sole owner of a vehicle, including a car, truck, SUV, motorcycle, boat or RV. You can get commercial vehicle and semi truck title loans, as long as you are the owner and it is without other loans or liens.
To receive title loans in Orlando, you and your potential loan provider come up with an agreement to exchange the title of your vehicle for the loan cash. As a temporary deal, you both understand that those items are only yours temporarily. In determining the terms of your loan, you will also set a date that the items will be switched back.
Your title loan provider will hold on to your vehicle’s title without taking any action until you repay your loan. If you successfully pay your loan and the interest on the pre-determined due date, the title will be given back to you without any additional hassle or steps. But if you are unable to make your loan payments, the terms of the loan may need to be renegotiated.
The steps following a missed payment will depend on your loan provider, so you’ll want to ask questions about what should happen before you enter into the loan agreement. If you are smart about the money that you borrow, this won’t be something that you need to worry about.
Filling Out an Application for Title Loans Casselberry
Title loans Casselberry are easy to apply for, which is one of the major benefits of getting a title loan over a standard bank loan. If you’re ready to fill out your Platinum Lending application for a title loan, you’ll want to follow the following steps:
- Give Your Information: The first step of the application process is to give your basic contact information and an overview of the vehicle you would like to pawn. Platinum Lending will require you to give the vehicle’s make, model, year and mileage as well as your name and phone number.
- Check Your Estimate: The free estimate you get for submitting an application can give you an idea of how much money you can qualify with a title loan.
- Finalize the Details: The title loan process is not finalized until you speak with a loan representative. While talking with the representative, you will be given the next steps for securing your loan and getting your money.
These are the same steps you would follow if you’re wondering how to get a title loan without a job. Because your vehicle is the main point of title loans Casselberry, a loan can be secured for almost any car owner.