Title Loans North Charleston, South Carolina
Having rent problems? Is the landlord calling you every half an hour to find out when you are going to pay the late rent? Getting on your nerves, right? Well, the landlord has no choice but to call you. Your duty is to ensure the landlord that you are working on a solution to your financial problem. To make sure that this is the truth, you then need to contact a title loan lender so that within 24 hours, you can get the money to pay your landlord. Using a title loan lender to obtain funding is easier than dealing with a traditional lender. Moreover, the title loan process is faster and easier to endure. If you have no landlord issues, it is possible that you are late on your mortgage or have overdue utility bills. The same title loan process is true for all financial problems. Pick up the phone to call a title loan lender in North Charleston, South Carolina, whether for a loan against car or motorcycle title loans.
Title Loans North Charleston City
The city of North Charleston is located in three counties, namely Charleston County, Berkeley County and Dorchester County. It is number three on the list of largest cities in the state of South Carolina. The city was incorporated in 1972 during the month of June. The population in the year 2010 was reported to be 97.471 and it grew to 108,304 in the year 2015.
Title Loans North Charleston Law
Title loans in North Charleston are administrated by Title 7, Chapter 3 of the South Carolina Statutes. The law states that lenders of title loans cannot charge the borrower interest rates in excess of $600. In the state of South Carolina, because of this rule, the title loan lenders are labeled “601 Lenders.” You can rollover any thirty day loan, if you cannot pay off the first loan balance within the thirty day period.
The Process
Again, the process to obtain car title loans online is pretty easy unlike a traditional lender. Before you approach a traditional lender, try the title lender. You would be surprised at the vast difference between the two. If you were to compare, it is like lime and oranges, one being bigger than the other, but the smaller one has more punch, especially in times when the borrower wants money faster.
The Requirement
The first requirement to apply for title loans in North Charleston is the certificate of title which can never have a lien or a loan balance on it. Once you meet that criteria, you are now ready to move to the next phase. The lender will need you to gather documents that prove your age. This can be either a driver’s license or a valid photo ID that will show that you are 18 years old or older. You will also need to prove that you are receiving some form of steady income. The lender will accept a bank statement to show salary deposits and other income such as:
- Social security benefits
- Disability benefits
- Worker’s compensation
- Tax returns for the self employed
- Unemployment benefits
- Retirement income
The Vehicle
Lastly, you have to provide the VIN number, odometer reading, car insurance, car registration and the make and model of the vehicle for title loans in North Charleston. The lender will use this to come up with the fair market value, which is then calculated using 25 to 50 percent. The result of this calculation will be the loan amount.
Apply Today
Applying for title loans in Charleston couldn’t be easier and faster. When you have everything read, it is now time to make the next move and that is applying for your title loan today. Do it for yourself and your family. Platinum Lending is the company that will ensure that you are contacted immediately once you have filled out the online loan application.
