Title Loans in Elmwood Park Can Help Anyone
Poor credit can cause a great deal of financial stress, especially when unexpected expenses mean you need money quickly. It may seem like no one wants to work with you, making the stress even worse. The good news is that the answer may be sitting in your driveway. You don’t have to sell your car. Instead, a title loan against your car may be the answer to all your financial problems.
Title Loans Elmwood Park
A title loan is a short-term, with the title to your car pledged as collateral. Since the loan is secured by the value of your vehicle, your credit won’t be an issue. In order to qualify, you need to have a clear title to your car and have a steady monthly income. That does not mean that you must be employed, but you have to be able to show that you have a regular source of income that will be enough to make your monthly payments. Best of all, you will get to keep your car while you are paying off your loan.
Getting Title Loans Elmwood Park
Platinum Lending is here to help you find the right title loans in Chicago. We work with a wide network of lenders, so we can help you find just the right loan to meet your needs. Our online application takes only a few minutes to complete, asking for just a few pieces of information, including:
- The year your car was manufactured.
- The make and model of your car
- The current mileage
- Your personal information, including phone number and ZIP code
A loan representative will find the best loan for you, even if you need an online title loan with no inspection. After that, you’ll be contacted so your loan specialist can review the loan with you and answer all of your questions.
The next thing you will need to do is bring your car to one of our offices for an inspection. This will determine the actual amount you are able to borrow for your title loans Elmwood Park. You will also be able to complete your paperwork. Be sure you bring with you:
- Your driver’s license
- The clear title to your car
- Proof of income, such as a paystub or benefits letter
This step can be completed in about 30 minutes. You will get your money after your loan is processed by your lender. Depending on the circumstances, this may take as little as one day.
Paying Your Title Loan
As part of processing your loan, your lender will place a lien against the title of your car. It will be released once you have paid the loan in full. Your Platinum Lending loan specialist will help you set up a repayment plan that will fit within your budget, and it is important that you make your payments on time. Your lender could take your car if you are unable to do so.
Title loans Elmwood Park can be the easiest way for anyone who owns their car to get money quickly. The application and processing take very little time. Submit your application today to find out how much you could borrow. In no time, you can have those unexpected bills paid and get your life back on track.