Car Title Loans in Phoenixville, PA
Money is always necessary, and sometimes you need more of it than you have. Whether it’s because you spent too much on a shopping trip, there’s damage to your house that insurance isn’t covering or your little one got sick and needed medicine, money is in short supply.
Don’t waste another minute struggling to find money when the help you need is just a title loan away.
What are Phoenixville Title Loans?
Title loans Phoenixville are a simple way to get cash when you need it quickly. Even though these loans are considered alternative funding, there is no catch. Anyone with a car, truck or motorcycle to use as collateral is qualified to get the money.
When applying, the applicant agrees to use a vehicle that they own as loan collateral. Loan amounts are based on the value of the vehicle, so there is no confusion about the amount of money you’re eligible to receive. Make sure the vehicle has a clear title. You will give that title paper to the lender to hold while you make payments. When the loan is paid in full, you get the title certificate back.
Other than a vehicle, applicants need to be at least 18 years old and have government-issued identification. If you don’t work, no problem. You can get a title loan without a job by having another source of income, such as unemployment or disability benefits. Something you won’t need is a credit check. Phoenixville and Philadelphia title loans are based on vehicle collateral, so it doesn’t matter how good or bad your credit is since it won’t affect your loan approval.
Applying for Title loans in Phoenixville
Within a few minutes, you can apply for a title loans Phoenixville, submit it to us and get an instant loan quote. Accepting the loan is up to you, but if you choose to do so, we can start the process on a final loan package immediately. Processing is simply us explaining title loans so you’re clear on how things work. We also gather more information about your vehicle and income, and we set up a payment plan that fits your budget. In a very short time, processing concludes with you turning in the title certificate and signing a loan agreement. Finally, you get the money.
Legal Guidelines
Title loans aren’t allowed in Pennsylvania, but there is nothing stopping residents from visiting neighboring Delaware to get the money they need. Loans can be renewed for a total of 180 day’s pay-off time. Borrowers can cancel their loan by paying back the money within one business day of accepting the loan. Before signing a loan agreement, borrowers must be given a written statement of explanation about title loans and how they work. A lender must offer a borrower a work-out plan to bring an account current before the lender repossesses the borrower’s car.
Benefits
You need money, and you get it. That doesn’t always happen with mainstream loans, but title lenders have a very high approval rate.
Applications are short and easy. Processing is fast and uncomplicated. Most people have the cash they want in less than a day.
There is no credit check with loan against car, which is great news for those applicants with bad credit reports. Standard lenders will rarely approve a loan for someone with a low credit score, but title lenders do it daily. Title loans are granted based on vehicle collateral, so credit scores don’t matter.
Loan terms are flexible. If you can’t make all the payments by the end of the loan term, let the lender know so we can renew the loan.
