Title Loans Hallandale Beach, Florida

Car Title Loans Hallandale Beach — Platinum Lending, LTD provides superior online car title loan services throughout all of Hallandale Beach!

Hallandale in Broward County, Florida is best known for its greyhound racing at the Mardi Gras Casino and the Village at Gulfstream Park. The city also boasts of having several splendid beaches and recreational activities, which are truly the best places to enjoy life to its fullest. However, all these enjoyments become a dream if you are under financial burden and facing a lot of problems due to financial crisis.

While you might have tried various sources to get quick cash, their hectic and drawn-out loan approval process and also the higher rates of interest as well as hidden charges imposed by the traditional credit unions stop you to go ahead with such types of loans.

However, title loans in Hallandale Beach, Florida is regarded as the best financial solution by the financially-strait people in the city, especially when it comes to dealing with any sudden arisen financial emergency. They consider it the best way to obtain quick cash during such financially-critical situations.

Title Loan: An Easy Way to Garner Fast Cash

A Hallandale Beach title loan, also dubbed as a car title loans Hallandale Beach or a vehicle title loans Hallandale Beach, is a short-term loan that every prospective borrower can obtain by putting up the title of his/her vehicle as collateral with the lender. One of the unique features of Hallandale title loan is its ability to offer you instant cash based on the equity in your vehicle. You can garner cash up to $10,000. Generally, the title lenders offer this type of secured loan for a period of 30 days, but its duration can be further extended beyond 30 days, only if the lender and borrower reach at a mutual consent.

Moreover, keeping the title to your vehicle with the lender never means that you will be deprived of your driving rights, rather you continue to enjoy the driving of your vehicle all through the loan period.

Cash Assurance to Bad Credit People!

The popularity of Florida title loan has been constantly increasing by virtue of its cash assurance to the bad credit people, especially those who often unsucceed to garner quick cash from the mainstream financial institutions. Where most of the traditional lenders, including banks, never provide an affordable loan to you without checking your credit history minutely, the title lenders never consider your credit score as an important parameter to decide your loan eligibility. What matters to them most is your financial problem and they work accordingly to pull you out from it. This way, you can take out a Hallandale Beach title loan in spite of your bad credit score.

Other remarkable benefits of title loan:

Get cash in your hand or have it transferred into your bank account in less than an hour
All types of vehicles allowed, but their conditions decide your title loan quote.
All credit scores approved, but surrendering the title to your vehicle is a must
Continue to drive your vehicle despite submitting the title to your vehicle.
Competitive interest rates, better than the traditional credit unions
Hassle-free approval process
Easy repayment options
Refinancing options

Follow Just 4 Quick Steps to Acquire Title Loan Cash!

Hollandale Beach title loan companies have simplified their loan approval process as fast as possible so that you can cover all expected and unexpected financial requirements. In order to acquire the title loan cash instantly, just follow the 4 quick and simple steps:

Step 1: Fill out an application form, describing all of your personal details and details of your vehicles, such as the year, make, model, mileage, and condition of the vehicle.

Step 2: Submit necessary documents, such as the age proof document, your valid identity proof, monthly income certificate, residential proof document (s) and title paper of your vehicle

Step 3- Allow the lender to inspect your vehicle and determine the loan size

Step 4- Sign the contract and get the cash.

Title Loan Laws in Hallandale Beach, Florida

The Florida legislature has enacted the Florida Title Loan Act in 2000 to protect the borrowers against predatory lenders. Before this vital Act, the title lenders in most of the Floridian cities, including Hallandale Beach and Hollywood, used to charge an annual interest rate of 200% on a title loan. The Act does not allow for charging higher interest rates.
At present, no title lender in the city can charge an interest of 30% per year for the first $2,000 loan amount to be borrowed; 24% annually for loan amount between $2,000 and $3,000; and 18% a year on any title loan worth more than $3,000.
As per Chapter 537, Florida Statutes, the Florida Title Loan Act, a title loan company must hold a license from the state Office of Financial Regulation to operate in Hallandale Beach.
As per the state law, a title loan company must sign a written agreement with you before proving the loan. The agreement should categorically mention the size of the loan and its interest rate.