Title Loans Granite City, Illinois
We have seen all types of fluctuations in the economy. Most households have been affected by these turbulent times at some point. A repair here or a layoff there could be potentially devastating to a family’s finances. You have to be prepared for the worst, and having a reliable lending resource available if you end up in some sort of financial bind. You have access to emergency cash using our title loans Granite City services. A local Platinum Lending office can assist you during your time of need.
How does a title loan work?
Obtaining title loans in Illinois has never been easier. You fill out an application for title loans Granite City lending. Then we process your application. You will receive an approval within a day. Once the approval is issued, we put the cash in your hands. In order to complete the application, we will need to verify basic employment and vehicle information. If you are in between jobs or unemployed, you can contact one of our offices to learn how to get a title loan without a job. You can request motorcycle title loans or car title loans online through our website.
Working with people in tough times
Our Platinum Lending services have helped thousands of families over the years. You can apply for a title loan if you are unemployed. We work with applicants who have poor credit. In fact, some of our applicants for title loans Granite City services have had bankruptcies in the past. We believe that everyone needs a little more help from time to time, so our services are extended to all who have a clean and clear title.
Illinois title loan requirements
In Illinois, auto title loans cannot exceed $4,000. Most of our customers apply for title loans Granite City funding valued well under that amount. We cannot offer a title loan that exceeds 50 percent of the applicant’s gross monthly income. Any title loan issued in this state must be reviewed and approved through a statewide database. Most of our customers receive an approval in under two days. In order to protect consumers from getting in over their head, the state requires that a certain percentage of the principal be covered before the auto title loan can be refinanced. If you have reduced the principal of your initial loan by 20 percent, you can refinance your loan. At the time your agreement is signed, we are obligated to review all of the terms of your loan with you.
Making title loans more affordable
Our customers have access to some of the most competitive rates. We strive to offer our customers maximum flexibility. If you are unable to pay off the entire balance of the loan during the initial repayment period, we offer you the opportunity of extending your loan. You can refinance your loan for another term to help you get back on track. Platinum Lending encourages everyone to borrow what they need. In doing so, you can control your debt and better cash flow. You can avoid additional interest by repaying the loan within the initial lending period.
Benefits of obtaining a title loan
People often find themselves in a predicament where they have to consider pawning something valuable. You don’t have to pawn any valuables when you use our title loan services. In fact, we don’t even require that you give up your vehicle throughout the term of your initial lending period. You continue to drive your car as long as you continue to make the payments.
If you are in a financial bind, we can help. Our lending services puts the much-needed cash directly in your hands in two days. You can apply for a title loan at one of our offices or complete the process online from the privacy of your home. Submit an application today, and get approved.