Title Loans Kankakee, Illinois
Your finances may have recently become tied up recently, and now you don’t have cash on hand you need to handle a major emergency. You may not be ready to part with your personal belongings. If that’s the case, then you may want to look into title loans Kankakee options. Getting title loans in Chicago has become one of the most popular ways to navigate unexpected financial emergencies.
How do you apply for a title loan?
In the past, you may have applied for a loan. They may have taken into account your credit score in determining whether or not they would approve your loan. Title loans Kankakee are different. Your clear title to your car is all we look at when you are applying for a loan. When you get online auto title loans, your car is your credit. You have two options for applying for a title loan. You can apply for one online or you can visit a location to complete the process. First, you enter all of your personal and car information completely online. We will ask for year, mileage and other car information as you apply to take a loan against car. Your Platinum Lending title application will be processed within a day. Once you get approved, the funds become available to you.
How do you use the title loan?
There are several ways to utilize the title loan option. Some people use it for a two week period. This may act as a bridge to hold one over until an anticipated check arrives the following week. Others may use it catch up on an expense to create temporary cash flow while in between jobs. One may even want to take out a loan to quickly handle an item that is at risk of ending up on their credit report. Most people use the option to meet a short-term cash option. How you use your cash is entirely up to you.
Illinois title loan requirements
While we go out of our ways to offer a higher degree of flexibility to our customers than most lenders, we are sometimes unable to help customers. In the case of refinancing a loan, our customers are only able to refinance their loans after they reduced the principal amount of their loan by at least 20 percent. Once the principal has been reduced by that amount, we can refinance your auto loan whenever you’re ready. We aim to give our customers the maximum value for their vehicle when issuing title loans Kankakee funds. Our loans cannot exceed $4,000. Our loans are generally no more than half the current value of the vehicle. You can take out multiple loans, if desired. You have to own the title outright in order to qualify for the refinancing option.
Benefits of obtaining a title loan
It’s a hassle borrowing from friends and family when you’re in a financial predicament. They have their own share of financial obligations that they have to manage. By obtaining title loans Kankakee services, you are able to handle that financial emergency completely on your own. Getting a title loan prevents you from having to pawn items of value. Instead of giving up your valuable goods, you actually hold on to your belongings. When you have a title loan, you continue to drive your vehicle the entire time.
If you need cash in a hurry, request a title loan quote today online. We can process your application in two days and get you the cash you need. Get started by filling out your application online.