Title Loans Bloomingdale, Illinois
Trying to get a small loan through a bank or applying for a low interest credit card can be tough, especially when you have bad credit. It can be a long and tedious process only to find out you just don’t qualify. However, when you have bills coming due or a new financial obligation comes up; you may need to find some quick cash from another source. Fortunately, for those who no longer qualify for traditional loan methods, there is another alternative. Platinum Lending deals with bad credit title loans all the time. Instead of relying on credit scores, like banking institutions, we provide a loan against car title. Your credit rating has no bearing on whether you qualify for a loan. Customers simply use their automobile as collateral to secure the loan. We have thousands of happy customers that have obtained title loans Bloomingdale for a variety of reasons. Once you’re approved, you can use the money to buy supplies for your restaurant or make car repairs. How you spend the money is totally up to you. To start the process, just submit our online app, speak with a loan agent, submit your auto title and collect the cash.
Client Benefits for Title Loans Bloomingdale
- One of the fastest methods for getting cash quickly.
- Online loan application for convenience.
- Title loans in Schaumburg serve Bloomingdale residents.
- People with poor credit can still qualify.
- Loan agents are customer focused to provide the best service.
- Loan holders are free to drive autos anywhere with no restrictions.
- Customers use loan money for any purpose they want.
- Customers come away with an affordable payment plan to meet budget requirements.
- Titles are returned when loan obligation is met.
State Regulations for Title Loans Bloomingdale
Platinum Lending works diligently to follow any state and federal regulations pertaining to title loans in Illinois. To safeguard consumers, loans are generally designed with equal installment amounts to prevent large balloon payments that may be difficult to pay.
In addition, loan agents discuss each client’s needs to work out the bet payment system to meet their budget and make payments affordable.
Who Can Apply?
We’re glad to welcome all applicants meeting these requirements for title loans Bloomingdale:
- Applicants should be 18 or older.
- The title to your auto, which is free and clear of debt.
- An id card such as your driver’s license.
- Income to use for paying the loan from a job, or in some cases, we may accept other types of income from unemployment, retirement funds or disability income.
Processing the Loan
To keep the application simple and hassle free, we have a short app, which asks basic questions about your vehicle and your contact information. To apply, you’ll need to submit your name, preferred email address and a telephone number. Applicants also need to describe the vehicle for the title transaction, which should include the model and style, the year the auto was built and a mileage estimate.
Next, new customers receive their loan estimate. Estimates are derived from the vehicle information you entered in the application, the condition of the car and the equity in the automobile. After the estimate is received, you’ll discuss your preferred payment arrangements with the loan agent. He or she can answer your questions and finish processing the loan.
After approval, your loan agent will direct you to the nearest store location to pick up your loan amount in 24 hours or less.
Whether you have no credit history or a low credit score, Platinum Lending is happy to work with everyone to provide title loans in Bloomingdale with top notch service and reasonable rates.