Title Loans in Jacksonville Beach, Florida
An Introduction to Title Loans Jacksonville Beach, Florida
Title loans Jacksonville Beach, Florida are a way to use the title to your car or truck as collateral for a personal loan. They tend to be very short-term loans and are based on the value of your vehicle. There is no credit check or employment history questionnaire required to be eligible for title loans in Jacksonville. In fact, you can qualify for title loans with no job because the title to your vehicle is the security for your title loan.
To qualify for title loans Jacksonville Beach, you need to be the only owner of your vehicle and not have any other outstanding loans or liens against your vehicle. You must also be over the age of 18 years. Through Platinum Lending, you can apply and qualify for car, truck or motorcycle title loans online. The process is easy and it does not require much information at all, so you are able to get money in your pocket through a title loan much faster than you would through a regular bank.
How to Apply Online for Title Loans Jacksonville Beach, Florida
Applying for title loans with Platinum Lending only requires an Internet connection. You can plug in your name, contact number and zip code as well as the year, make, model and mileage of your vehicle. After filling out the online application you will hear right away from a representative about the status of your application and how much of a title loan you can qualify for.
The best part about receiving a title loan quote from Platinum Lending is that it is completely free. You will not be sitting around waiting for long because we do everything in our power to get you on your way with some extra money in your wallet as quickly as possible.
Legal Information and Regulations in Florida on Title Loans
If you are applying for a title loan in Florida, you may want to take a look at the Florida laws on title loans, which can be found at Fla. Stat. 560.401 et seq.(560.103-560.144). There are limits on the interest rates that can be charged on title loans under Florida law. If your loan is up to $2,000, the maximum interest rate that can be charged is 30 percent. If your loan is between $2,000 and $3,000, the maximum interest rate that can be charged is 24 percent. If your loan is more than $3,000, the maximum interest rate that can be charged is 18 percent.
What Makes Title Loans so Popular for Vehicle Owners
So many drivers in Florida are enjoying the benefits of title loans because they make the loan application and approval process much simpler than going through a regular bank. If you are in a tough financial spot, a title loan can help you dig out without having to go to your friends or family to ask to borrow some extra cash. As long as you make sure to pay off the required amount of your loan according to your loan agreement, you will not have to worry about losing the right to drive your vehicle. In addition, because title loans are relatively short term loans, you can stay on schedule and pay them off very quickly. There is nothing to lose by getting a title loan estimate and seeing how much you could qualify to borrow otday.