Title Loans in Cuyahoga Falls, OH
When taking out a personal loan it is important to think about your credit score. Many banks and other lending institutions can deny you based on this information alone. On the other hand, you can get a title loan in Cuyahoga Falls regardless of your credit history! You simply have to be the undisputed owner of your vehicle to apply. Since all types of credit are welcomed, our lenders do not do any credit checks on any of their applicants. You may also be qualified to get a loan of up to $5,000! To learn more, apply today!
How Does It Work?
The initial application process can take a minute or less to complete. Whether you apply over the phone or online, you will only have to submit the following information:
With that, we are able to give you instant approval, and a free loan estimate! Our loan agents are dedicated to providing you the service you need to make this process quick and easy. They are also available to inform you on any additional documents you need to gather prior to visiting the loan store. Your application will then be submitted to a title loan lender in your area, and you will be able to get your cash right after you sign the contract! We have title loans in Akron as well as Cuyahoga Falls, OH
Documents to Bring
- Photo ID
- Vehicle Title
- Proof of income
In addition, your vehicle must be present at the time of transaction. The lender has the right to inspect your vehicle to make any necessary adjustments on your loan. The amount you are given is finalized by the condition of your car.
Why do you need a car title?
The title acts as your credit score when it comes to these types of loans. They are only used as security for the loan you are given. Your lender will hold onto the title during the lending period, and will place a lien on your title. A lien just indicates that you have money owed with this asset. After you have completed your payments, you will receive your title back, lien-free!
Title Loan Terms
Your contract will include your payment plan, maturity date, interest rate, default, rights and vehicle repossession terms. When it comes to paying off your loan, you are allowed to make early payments. The earlier you get the money in, the quicker you get your title back. You also are allowed to rescind a loan within 24 hours, or the next business day. You must give the full amount back to the lender when you choose to do so.
Defaulting a loan may lead to vehicle repossession. When you default a loan, it just means that you have either missed payments or made late payments. Some lenders may give their borrowers more time to make the payment if they have communicated that they are going to be late. After you have defaulted, your lender must notify you of vehicle repossession. They will give you a time, place, and date where it is safe for you to transport the car. You will be able to take any personal belongings out of the vehicle.