Title Loans in Orlando, Florida
Do you have a few months’ late payments on your mortgage or rent? Are there mounting bills that have become too much to handle? Is your household suffering as a result of it? There are folks in the city of Orlando that are going through a similar financial situation. So you are not alone. For you, the good news is that you are reading this and will find out the positive effect of title loans in Florida. No one has the same financial situation, but for the most part, when caught in an emergency situation, it can get exasperating, especially when you don’t know what to do. With Platinum Lending, you can obtain a loan against car. So, why wait when there is help available to you. Title loans in Orlando will be the answer to your problem. It is not something to wait on because it is only just a phone call away or the completion of an online application, after which the title loan lender will contact you. Do yourself that favor by leaning on a title loan lender for financial assistance.
Title Loans Orlando City
The city of Orlando is located in Orange County within the state of Florida. It is centrally located and is known as the “City of the Beautiful.” Many people know the city of Orlando from its connection to Disneyworld and Universal Studio. The U.S. census reported a population of 2,387,138 in March of 2016. In a list of largest cities in the metro area, the city of Orlando falls in number 24th place. For more information about the city of Orlando, visit the official website today.
No Credit Check
Traditional lenders have strict rules for processing and approving their loans. Title loans in Orlando are different because the lender does not use credit to decide whether to approve a borrower’s loan or not. If you have bad credit or no credit history, it doesn’t matter. You can still apply for a title loan. Your collateral is the deciding factor.
Title Loans Orlando Laws
Chapter 537 is the legislation mandated to uphold the title loan industry. The Office of Financial Regulation is the government entity that makes the rules. In the state of Florida, the law gives clarification for title loans in Orlando through the Federal Truth in Lending Act. Lenders cannot initiate interest rates of more than 30 percent for $2,000 loans. For $2,500 loans, the interest rate should be 24 percent and anything over $3,000 must have an interest rate of 18 percent.
The documents necessary for a title loan application are minimal. However, first, you should confirm that you have the certificate of title and ensure that it has no liens attached. You should also be 18 years or older and have a steady job.
Apply Now for a Title Loan
Car title loans online takes just an application from you. You could have thousands of dollars in your bank account in the morning. If you want to change your financial situation, then it suits you to contact a title loan lender. The money you need will be deposited in your bank account by Platinum Lending. When the loan application has been completed, the loan office will contact you to discuss all the details of the loan, but make sure that you have gathered the minimal required documents and be ready for the loan officer when you receive the call. To start the process, go ahead and complete the loan application.