Title Loans Portsmouth, New Hampshire
Wouldn’t it be amazing if you always had enough money, even enough to include the extras and luxury items you want? If your paycheck wasn’t enough, you could just pull money from that rainy day fund. Sounds good, but most of us don’t get to live that fantasy. People typically have enough money for the things they’ve budgeted for, if they have a budget. Maybe there’s a little extra, but most people live paycheck to paycheck. When something happens and extra cash is needed, it’s a struggle. And, something always happens. Maybe the laptop crashed and you have to buy a new one. Maybe someone got sick. Maybe it’s your dog who got sick and needs expensive veterinary treatment. Whatever the issue, money you don’t have is the solution. So, where do get that money? One of the easiest and fastest ways is through title loans Portsmouth.
Title Loans Portsmouth
Imagine getting a loan just because you own a car. That’s what a title loan is. You borrow against your vehicle. It’s a secure loan because you’re linking it to your car, which means lenders have absolutely no problem giving you the money you need. Even for people with bad credit? Yes. Platinum Lending is ready and willing to offer you a bad credit loan against car title.
Title Loans Portsmouth Application
Applying for title loans Portsmouth through Platinum Lending is the quickest loan application you will ever complete. Just tell us who you are and how to contact you. Tell us what kind of car you have and its mileage. We give you a title loan estimate and call you to finalize the loan. During our short phone call, we answer your questions, set up a repayment schedule and let you know how to get your loan money. The entire process is usually wrapped up within 24 hours, but it can sometimes take a few days. Either way, it’s very fast.
New Hampshire Law
New Hampshire law requires title lenders to be licensed by the state Bank Commissioner to operate in the state. Lenders must have a physical office located within the state and can loan up to $10,000. The original loan term cannot exceed one month, but borrowers who need more time to repay the loan can renew it up to 10 times. State law prohibits lenders from making title loans to people who currently have an active title loan or have had another title loan within the past 60 days.
Benefits of Title Loans
Whether you need a few hundred dollars or good bit more, it’s available. One of the great benefits of title loans in Manchester and Portsmouth is that you can get as much money as your car is worth. Plus, you get the money fast. Our application process is usually complete in 24 hours, but even when it takes longer, it’s only a matter a days until you get the money you need.
Having a short repayment schedule is a benefit most people don’t think about. If the loan repayment is stretched out over a longer time frame, there is more interest to pay. By keeping it short, you get the money you need, pay it back quickly and move on.
Not having a credit check is one of the biggest benefits of title loans. Lenders are not concerned about your credit because you put your car up as collateral. We also don’t report to credit bureaus how and when you repay us. Your credit history is your business, not ours.
Title loans are a better option than payday loans, which usually have higher interest rates.