Trying to borrow a small amount of money from friends or relatives when you’re running short on cash can put you in a difficult position. Typically, something goes wrong with the agreement and there are hard feelings. Well, there is a much better solution. Platinum Lending LTD. has worked with thousands of customers in the Philadelphia area that are in the same position. You simply need a short-term loan for a small amount of cash with a decent interest rate.
Title loans in Philadelphia can be the perfect loan for people that don’t want the hassles of qualifying with a bank or can’t wait weeks to receive their loan funds. If you are in a hurry for cash, you can easily apply online, qualify and get your cash in a day or less. In some instances, customers receive their funds in as little as two hours. Funds can be used for any purpose, and all you need to qualify is a clear car title to secure the loan. Of course, you must have income to make your payments. Regardless of the loan amount, we’ll be there to provide friendly support, professional services and fast cash.
Qualifying for Philadelphia Title Loans
- No Credit Checks
As opposed to banks that rely heavily on credit scores to approve loans, we don’t use them at all. It does not matter whether you have good credit, bad credit or even a bankruptcy, you won’t be turned down for a loan because of your credit.
- Income Sources
Applicants don’t have to have a job, but they must have some method of repaying the loan like income. Platinum Lending LTD. accepts a wide variety of income sources including:
- Income from a job.
- Retirement income sources.
- Government issued benefits.
- Self-employment income.
- Unemployment benefits.
If your income isn’t listed here, ask your loan representative if your income qualifies during your free phone loan consultation.
When & How to Apply for Title Loans Philadelphia
You can apply anytime you want, but the faster you get your application in the quicker you’ll receive your funds. To meet loan approval requirements, you must be at least 18, have a source of income and hold a clear title with no liens in your name.
Interested borrowers can apply by phone, at a loan center store or use our online application. You’ll need the following information to apply:
- A mileage estimate and the age, model, make and body style of your car or truck to be used as collateral.
- Your phone number, full name and home zip code.
Immediately after applying, all applicants receive an instant loan estimate and a call from a loan representative to confirm income, qualify and select a loan repayment plan.
Title Loan Advantages
- No spending restrictions on loan funds.
- Continued use of your vehicle during the loan term.
- Loan payouts in a day or less.
- No pre-payment penalties for early payoffs.
- Competitive interest rates.
- No credit qualifying for title loans Philadelphia.
After agreeing to the terms of the loan, during the loan consultation, you’ll be asked to sign a contract written according to state regulations. Contracts help to protect borrowers and title lenders. Your contract will include:
- The interest rate.
- The cost of the interest.
- Your loan term.
- The total loan amount.
- Minimum payment amounts.
- Your repayment schedule.
- Applicable loan fees.
Approved borrowers submit their paper car titles at a loan center store and collect their cash. Check out title loans Philadelphia for easy qualifying, hassle free loans and fast payouts.