What Are Title Loans East St. Louis?
In simple terms, a title loan is a secured lending arrangement that lets people pledge their car or truck title as a loan asset. A wonderful way to get some much-needed cash when you need it fast, an Illinois vehicle title loan is not meant to be a long-term debt solution, but rather a temporary low-cash fix to get you back on track.
The Benefits of Title Loans East St. Louis
When you need money in a hurry in St. Louis, Illinois, securing a title loan is a superior option to listing your car for sale. Whether you create a sales ad online or in the newspaper, the entire process of selling your car is not fast and typically requires you to answer lots of queries before you ultimately find a solid buyer.
And rather than having to sell your car and lose your only source of transportation, acquiring a title loan from Platinum Lending lets you get the bucks you need on the spot, and you still get to keep your vehicle. On your very first visit at our location in St. Louis, Illinois, after meeting with one of our loan consultants for 30 minutes or less, you’ll be done and out the door with as much as 75% of your car’s value in cold, hard cash for your title.
Vehicle title loans East St. Louis are very private and confidential arrangements. Platinum Lending adheres to all governmental privacy regulations, and our staff members are all well-trained in keeping your financial data safe and secure. Because we don’t release your info to credit bureaus, nobody needs to ever even know that you’ve secured a title loan.
How To Apply Online
The application process for acquiring an online title loan with no inspection necessary on our web page couldn’t be simpler. You just need to enter your automobile’s year, make, model, mileage, and your contact information (i.e. your name, telephone number, email address, and ZIP code) into our online request form. After you submit your application, you’ll receive a zero-cost vehicle title loan quote, and one of our loan consultants will be in touch to discuss your online title loan at a time that’s convenient for you.
Title Loan Regulations in St. Louis, Illinois
To be eligible for title loans in St. Louis and throughout the state of Illinois, you need to be 18 years of age or older. A driver’s license isn’t necessary for title loans East St. Louis, just your title, an income statement (advised but not required), a photo ID, and of course the car itself, which you get to keep when you receive your loan. You must have a clear title for your vehicle, which just means that you’re its rightful owner (i.e. the title’s in your legal name and no one else’s) and don’t owe any money on it. If the title doesn’t display your legal name, you’ll have to visit your local DMV and get the title re-issued in your own name before you apply for online title loans.
The Rewards of Vehicle Title Loans
- Quick online loan estimates
- No or bad credit title loans available
- Complete privacy
- Approvals in 30 or fewer minutes
- Immediate, on-the-spot cash