Title Loans Huber Heights, Ohio
Even if you are an individual who is financially responsible, you may come across some additional expenses in life that you have not prepared for. They may even be time sensitive expenses that can affect your credit score if you do not pay it back when they are due. Consider a title loan in Huber Heights, or neighboring Dayton, as an alternative to personal loans. These loans guarantee you instant approval as well, so you do not have to worry about how long you must wait to get the assistance you need. All credit types are also accepted by our lenders, so do not wait and get a loan through our lenders today!
How to Apply for a Title Loan
When it comes to applying, you have two options you may take. You can either apply over the phone, or online. Our offices are open 7 days a week, so regardless of which way you apply, you will get a response within 24 hours! When it comes to the form itself, all you have to do is provide us your vehicle make, year, model, mileage and style, in exchange we will give you a title loan estimate for free! Since this application process is free, you are also not obligated to go through with getting the loan. In addition to a free phone consultation, our loan representatives will tell you about documents you need to gather for the lender you are given. Some lenders will need:
- Photo ID (Driver’s License or State ID)
- Proof of income (Bank statements or recent pay stubs)
- Proof of insurance (May not be applicable)
- Vehicle title
The vehicle must also be brought in when you are going to sign your contract. An inspection will be conducted, and your loan will be adjusted based on the condition of your car and your title.
How Much Can I Get?
Vehicle title loans in Ohio can range in amounts, with a maximum of $4,000!
Regulations on Title Loans and Lenders
You are guaranteed certain rights and full disclosure when it comes to these loans. One of the rights you have is rescission. If you are unsatisfied with the loan, you do have the ability to rescind by returning the full amount back to the lender within 24 hours, or the next business day. You also have the right to refinance a loan that you currently have. If you have a title loan that you cannot afford or pay back in time, you can refinance with our lenders. Some title loan lenders can even pay the loan off and offer you a more affordable loan through their company. The new loan you receive will contain lower interest rates which will give you lower payments to make.
Just like any other loan, when you do not pay it off on time, or make any payments on it, you are going to have consequences. When you miss a payment or are late on any of your payments, your lender can declare default on your loan. When a default is declared your lender can repossess your vehicle. You can cure the default by paying off the entire amount off in the time your lender gives you. However, if you do not, your car will be sold and the profits will be used to pay off your loan.