Title Loans in King of Prussia, PA

Laid off might sound less harsh than fired, but the result is the same; someone is out of a job and won’t be getting paid unless that changes. One of the things likely to happen is that your available money will get smaller, unless you have an emergency fund. If you find yourself needing more money until you start a new job, consider title loans in Philadelphia and King of Prussia. Within hours, you can get money to help meet your needs during a time of transition.

What are King of Prussia Title Loans?

Title loans King of Prussia allow people to get loans by skipping the bank. Applicants need a car that they own to use as loan collateral. When the loan is approved, the borrower gives the title certificate to the lender. The title is given back to the borrower when the loan is paid off.

All title loan applicants must be at least 18 years, and they should hold a state-issued form of identification. They should have a job that provides enough money to afford loan payments. Any applicant who does not work should have a separate source of income, such as alimony, disability payments or a pension.

Having your credit checked is not a part of title lending. While it may be business-as-usual for conventional lenders, that information has no impact on your loan being approved or denied. When you apply for title loans King of Prussia, you get the loan because of the vehicle you put up as collateral.

Applying for Car Title Loans in King of Prussia

The path that leads to title loan money begins with your application. All you need to provide is the make, model, mileage, style and year of the vehicle pledged for the loan. Add your name and some contact info, submit the application, and you will get an instant car title loan estimate.

Applying lets you know how much money you’re eligible for, but it does not mean you have to accept the offer. If you do, then we can start processing your final loan package right away. Processing includes an explanation of how title loans work, answering your questions and setting up a payment plan. You will need to get the vehicle title to us and sign a loan agreement, but in less than a day, you will likely have the loan money in hand.

Legal Guidelines

State law doesn’t allow title loans to be granted in Pennsylvania, but a short drive to Delaware is where easy money is waiting. With original and roll-over terms, borrowers get up to 180 days to pay off their loan. Borrowers can cancel a loan within one business day by returning the money, and before signing a loan agreement, the borrower is given a written account of how title loans work. If a borrower falls behind on payments, the lender must offer the a solution to catch up before repossessing the borrower’s vehicle.

Benefits

• In less than 24 hours, you could have the money you need. Mainstream loans can take days or weeks to process.
• Our application is very short and our processing is very fast.
• No credit check. If you have a low credit score or very bad credit, don’t worry about it. Go ahead and apply for title loans in King of Prussia and expect to be approved because the loan is based on your vehicle collateral.
• You get to keep the car, which means you won’t be stranded while paying off the loan.
• Loan terms are flexible, which means we can renew or rollover your loan if you need more time to pay it off.