Title Loans in Springfield, PA
Having a little cushion in your bank account is fantastic, but is it enough to cover the expense of an unexpected emergency? Sometimes illness comes on suddenly, and medical costs are budget-busters, even with insurance.
Perhaps you discovered termites eating away at your house, which is not something insurance covers. There are many possibilities for things that can drain your accounts, but if you need more money than you have, title loans can help.
What are Springfield Title Loans?
Getting a loan can be difficult if you don’t have the right qualifications, such as a good credit score. But, with title loans Springfield, the qualifying is simple, and the loans are designed so that anyone can be approved.
Title loans in Philadelphia and Springfield are available to anyone who is 18 years old or above and has a government-issued form of identification. Applicants need to own a car, truck or motorcycle to put up against the loan. The vehicle’s title papers should be free-and-clear, and the lender will hold on to the title while the loan is active. Once the debt is paid, the title is returned to the owner. Title loan applicants need some type of income to afford loan payments. This means they should work a job or get unemployment, disability or some other type of payments.
No credit check is one of the ways title lenders are able to offer loans to a more people. Those with bad credit are most likely to be denied for a bank loan, but their credit is not an issue with title loans. As long as the applicant has a car for collateral, they are very likely to be approved.
Application for Title Loans in Springfield
Applying for title loans Springfield is easy. Just give us the make, model, style, year and mileage of the collateral vehicle. Give us your name and a way to contact you, and you’ll get an instant title loan estimate. We won’t pressure you to accept our offer, but if you do, we immediately start processing your loan. That means there is no waiting to get the money you need.
Processing includes an explanation of how title loans work. You can ask any questions you have, and you will answer a few of our questions about your income and car’s condition. We will set up a payment plan, get your vehicle title and have you sign a loan contract. Before long, the money will be yours to take.
While residents can’t legally get a title loan in Pennsylvania, they can easily get one when they drive into Delaware. Loan terms and renews give borrowers up to 180 days to pay off their loan. Borrowers can cancel a loan within one business day, if they return the money.
Before signing a loan agreement, the borrower must be given a written statement from the lender about how title loans work and what happens if the borrower fails to make loan payments. All loan applicants should careful read all documents before accepting a loan and signing a contract.
- Title loans Springfield go from application to money distribution in a matter of hours. Conventional loans include longer applications and processing, which could take days or weeks to conclude.
- There is no credit check, which opens loan approval to everyone who has the requisite vehicle for collateral. Bad credit is often a barrier to getting bank loans, but anyone with a low credit score can easily get a title loan.
- Get more time to pay off your account, if you need it, by renewing your loan.
- You get to keep the collateral vehicle while paying back the loan.