Title Loans in Prairieville, LA
If you’re in a difficult spot financially, a title loan is the perfect solution to turn things around. All you need to get one is a car with a lien-free title that’s in your name, and you’ll be able to leverage your car’s value for the loan. The application process goes very quickly and approval rates are high, making title loans in Prairieville a popular choice for consumers in need of fast cash.
Whether you have medical bills to cover, a home appliance replacement or another expense, it’s always better to pay things off immediately and avoid late fees. You can put your title loan towards anything you want. Once you get the money, what you do with it is your decision.
Applying Online for Prairieville Title Loans
We wanted to make the application process for title loans even faster and more convenient, so we set up our efficient online application for title loans in Baton Rouge. You’ll find the application here on our site, and it takes just seconds to complete. Start by going to the form and entering the following info about your car:
• Approximate Mileage
Next, we’ll need to obtain the following contact info:
• Your full name
• Your phone number
• Your ZIP code
Submit that information to us and we can use your vehicle’s information to provide you with your free title loan quote. We’ll also have one of our friendly title loan representatives get in touch with you by phone to answer all your questions and provide a lender’s location so you can go get your loan.
How Title Loans Work
A title loan is considered a secured loan, meaning it has collateral attached. In this case, your car serves as that collateral, but the lender only keeps your car title while you pay back the loan, not your car. The primary federal law regarding title loans is an age minimum of 18 to borrow one. Other than that, states are free to set their own regulations, so Louisiana’s regulations cover title loans in Prairieville.
Title loans in Louisiana must be for more than $350 and have terms over two months long. The state sets a cap on interest rates of 36 percent. If you can’t pay your title loan in full at the end of the term, you can extend it by paying at least your interest and take the loan principal into a new term. This new term will result in another interest charge.
Benefits of Title Loans in Prairieville
The best part of title loans is how convenient they are. You only need to bring your car, its title and your government-issued ID to obtain a title loan. There’s no financial documentation required like there would be with a bank, and there’s also no credit check involved, meaning you can get a title loan no matter your credit score. Many borrowers are in and out of the lender’s office in under an hour.
Keeping your car during the term of the title loan means that you won’t be inconvenienced at all. You’ll still be able to drive wherever you want, and as soon as you pay back your loan in full, you’ll also get your car title back.
Title loans are a great way to get a financial boost and pay off your most urgent expenses. When you have the stress of unpaid bills weighing you down, a title loan can help you get some relief.