Title Loans in Pompano Beach, Florida
More than 100,000 people live in Pompano Beach, Florida, which means that there is fierce competition out there for every possible job opening. With a minimum wage of $8.05, the area has become too expensive for the average homeowner. The area’s foreclosure rate is rapidly rising as people continue to lose jobs and can’t find new ones. Renters in Pompano Beach struggle even more to pay their bills, especially in the summer months with the outrageous utility bills. Many people in Pompano Beach have had to take out loans to make it in the current economy. However, a lot of the residents of Pompano Beach do not qualify for personal loans from the bank due to a variety of factors. Many people in Pompano Beach have bad credit, evictions on their record, and collection companies breathing down their neck. If you’re unemployed in Pompano Beach, you don’t even qualify for a high-interest payday advance loan. A valuable option is to look into car title loans. Title loans in Florida have increased in popularity due to the fact that all you need is a vehicle in order to qualify.
Title Loans Pompano Beach: Benefits
With title loans Pompano Beach residents can get the money they need quickly without having to go through the painful ordeal of being rejected by most financial institutions. If you have bad credit title loans are one of the best options, because you can’t be turned down for a title loan based on your bad credit history. Even if you have no credit at all, it doesn’t matter, because getting approved for a title loan in Pompano Beach does not require a background check. When you apply for online title loans through Platinum Lending, you do not have to answer embarrassing questions about your current financial situation or your past. Even if you are out of work, struggling to get a job because of a criminal record, or owe the IRS thousands of dollars, you can still qualify for a title loan. One of the biggest benefits of a title loan is that you only need to prove that you own your car and turn over the title until you repay the loan.
Pompano Beach Title Loans: Application Information
It’s easy to apply for a title loan online at Platinum Lending. Simply fill out the online form with the make and model of your car, the amount of mileage on your vehicle, your name, zip code, and the best number where our loan officer can reach you. Someone will be in touch with you as soon as possible. You will get an estimate for the maximum amount of money you can borrow against your car title. The estimate is based on the value of your vehicle and not any other information such as your credit history or employment status. You will be informed of how much your payments will be and what your interest rate will be, as well as how the process works once you have signed the contract for your title loan.
Pompano Beach Title Loans: Legalities
Because Florida law protect consumers against fraudulent companies, people who take out a title loan in Pompano Beach are protected by the state’s laws. In Florida, the only companies that can issue a title loan are ones that receive the proper licensing and certification that can be verified by contacting the Florida Office of Financial Regulation. You can rest comfortably knowing that your title loan is in good hands when you deal with a reputable, licensed company like Platinum Lending. Our contracts clearly spell out the terms of your title loan so that there are no surprises, and you can be assured that you will pay only what you agreed to when you took out your loan.