Car Title Loans: Gainesville, FL
There is nothing easier when you need cash quick than getting a car title loan. In just a few minutes, you could get a loan that puts money straight into your bank account in as little as a few hours. All you need is a clear car title with no liens against it to get started.
Title loans in Gainesville are a different type of loan, and they are meant to help borrowers when they are most in need. Whether you just had an expense hit that you couldn’t plan for, or if your budget simply won’t make ends meet this month, a Gainesville title loan is there to help you. Most borrowers get between a few hundred and a few thousand dollars quickly and without any additional stress.
Title loans in Gainesville work simply by using your car’s title paperwork as collateral for the amount you borrow. You keep the actual car, but your lender holds onto your title during the lifetime of your loan. The title comes back to you once you have paid everything down in full, and in the meantime you get a secure loan quickly and with minimal added stress.
The Title Loans Gainesville Residents Love
When it comes to title loans in Florida, Gainesville residents have a number of options which is why Platinum Lending is here to help. We work with Gainesville borrowers to find completely online title loans that are custom fit to meet their personal borrowing needs. To get going, all you need to do is fill out a short online form detailing a bit of information about your car, such as:
- Its model year
- Its make
- Its model
- Its style
- And its estimated mileage
We will take this information and use it to generate a free, instant title loan estimate letting you know how much you may be able to borrow. Then we take over all of the hard work. A member of our team will go through Platinum Lending’s database and look for the title loans Gainesville borrower trust more than any others.
You will review loans custom selected based on your unique personal borrowing needs, and you will be able to select the one that works best for you. We will be there to answer any questions you have, and help you get one of the title loans Gainesville residents love.
Florida Title Lending Regulations
Title loans are an easy way to borrow, but they are still a loan and they still come with certain rights and responsibilities on behalf of the borrower. In Florida, a lot of these have to do with interest rates. Understanding these state regulations will help ensure that you are getting the most from your loan.
In the state of Florida, the terms of title loans are dictated by Chapter 537 of the Florida Statutes. According to this, borrowers cannot be charged over 30% per year on any loan they take out, with interest rates varying depending on the actual amount of the loan.
Additionally, in order to receive your loan you must also receive a written agreement signed by you and the lender. This agreement must specify how much you are borrowing as well as the interest rate. It must also include language regarding what happens if you default on the loan. More information regarding Florida title loan regulations can be found with the Office of the Attorney General.
To make sure you get a loan that is compliant with state and local regulation, just get in touch with us at Platinum Lending. We will make sure you have a secure, trustworthy loan right from the beginning.