Title Loans South Elgin, Illinois
When things go wrong in your life, boy do they add up. Take for instance what just happened. You wake up to find your shower will not warm up, so you have to look at your water heater. Your car made you late for work because it would not shift out of second gear, which set your boss off. Right before you left work, you got a call about a family emergency that requires you to travel out of state for at least the next week.
As if life did not offer enough stress on its own, crises like these jack that stress up three notches. To add to it, like most people you do not have enough cash reserves to deal with all of this. Your head starts spinning and you feel the anxiety rising as you begin to wonder how you are going to survive this situation.
Come back from the edge, and know that relief is just around the corner. Platinum lending offers title loans in Schaumburg and surrounding areas to help people like you in times like this. A title loan is a loan against car that allows you to get quick access to cash without the hassle of traditional borrowing options.
How Difficult Is It To Get Title Loans South Elgin?
Many people think getting a loan is difficult, and takes weeks and months of pleading with a bank. Platinum Lending does not require credit checks and has offers you a no inspection title loan. This means that you can get access to cash without waiting for your car to be inspected, and without fear of your credit history creating an obstacle.
There is a simple 3-step process to be approved for title loans South Elgin:
- Complete the simply online application with basic information about your vehicle and how best to reach you.
- Receive an instant quote with the loan amount for which your vehicle qualifies.
- A professional loan representative will call you to discuss the final details.
Legal Protection For Title Loans South Elgin
It is unfortunate that some borrowers have been taken advantage of by unscrupulous lenders. Fortunately, Illinois lawprotects borrower with limits on auto title loans. Knowing the basics of these limits helps you separate the legitimate lending partners from the phonies.
The Illinois caps are currently set to:
- Principle may not exceed $4,000
- Monthly payments may not exceed 50% of borrower’s gross monthly income.
- Balloon payments are not permitted, and installment payment must substantially equal.
- The borrower may not have had an outstanding title-secured loan within the last 15 days.
Get Your Cash Quickly
Title loans give you the benefit of being fast, and in most cases offering you more borrowing power than with other credit options. You can have cash in your hands in as little as 24 hours because we cut out all the red tape and mountains of paperwork. You need to be able to focus on your immediate problem.
You can also get a title loan, regardless of whether you have good credit, no credit, or bad credit. This is because your loan is secured with the cash equity in your car.
Feeling The Relief That Comes With Cash
Money will not solve all of your problems right away. However, having the cash to handle unexpected repairs or make unanticipated travel arrangements begins to ease your stress. Simply complete the online form with the information about your vehicle and how to best get in contact with you. One of our professional loan representatives will contact you to help you through the process of getting title loans South Elgin.