Title Loans in Miami, Florida
When you are looking at getting a personal loan, quick approval and instant cash are ideal. However, the only way to get that is by getting title loans in Miami. Best of all, no credit is necessary to take out any of these loans and you can even get started on the process online! You can use these loans for whatever your need is and regardless of the need, we are here to help you out! Our lenders at Platinum Lending will be able to give you the best deals and rates on title loans in Florida so do not hesitate and find out more today!
Applying for a Title Loan in Miami
Title loans in Miami are easy to get. The process may be started over the phone or online. Completely online title loans are available for you when our offices are closed. However, since our loan agents are available to you seven days a week during regular business hours, you will get instant approval the day after you submit an application!
What Do I Need to Submit for a Miami Title Loan?
When it comes to the information you provide, you will need to submit your name, zip code, phone number, vehicle make, year, model, style and estimated mileage. Your loan can be established based off of that information, and will be contacted after it is submitted! In Florida, you can get up to $25,000 all for the exchange of your title!
After this is calculated, you will get a phone call from one of our loan agents telling you about the title loan estimate, the lender that we matched you up with, and the paperwork you have to bring with you in addition to your vehicle.
- Photo ID (Passport, Driver’s License or State ID)
- Proof of income (Recent bank statements or pay stubs)
- Proof of insurance (Some lenders will require you to have insurance; full coverage insurance is applicable to individuals who receive a loan greater than $2,500)
- Proof of residence (Government mail or any utility bill will do)
- Vehicle title (Gathered at a title service or Department of Motor Vehicles)
Why Do You Need My Vehicle?
Contrary to popular belief, the title loan lender only holds onto your vehicle title as the security of the loan. In other words, you are still able to drive your car even when you have a title loan! It is not necessary for you to provide a copy of your car keys either.
Local Department of Motor Vehicles or Tax Collector
If you need to get your vehicle title, or transfer your title from out of state or to your name if it is inherited, visit:
Consumer Benefits and Rights Regarding Title Loans
From instant approval to quick cash, there are many advantages of taking out a title loan. You also have several rights when it comes to protecting yourself from unfair consumer practices. If you are not sure if you want the title loan, you can rescind it within the next day. If you submit the refunded loan back to the lender, you will be able to receive your vehicle title that same day. You also have the benefit of paying the loan off earlier than the expected maturity date. In your contract, you will be made aware of the payments you need to make by which dates, as well as the interest added onto each payment you make.