Title Loans Greenacres, FL

When you find yourself in a financial bind, it’s easy to panic. Waiting until your next paycheck may not be an option if you have medical expenses that need to be taken care of, or a car repair that has to be done today. A title loan can be the answer you are looking for when you need money fast. Title loans in Greenacres offer their customers a cash loan basically on the spot, provided they have the title to their vehicle as collateral. Any type of car, truck, motorcycle or recreational vehicle can be used as long as it is completely paid off and you have the title to it on hand. The company will hold onto the title of the vehicle while the loan is out. You will always have your vehicle to drive while you use the loan for whatever you need it for. Title loan companies offer short-term loans for people who do not have any credit or who suffer from poor credit. Even customers who have repossessions on their credit report will be eligible for a title loan.

Application Process for Title Loans in Greenacres, FL

Applying for a title loan is simple. Would-be borrowers can log onto the company website at any time of the day or night to start up the application process. Title loans Florida only need a few bits of information in order to get the ball rolling. They will ask for some personal information, such as:

  • Name
  • Phone Number
  • Address
  • Zip Code
  • Email Address

As stated before, the title loan company only needs the title of the vehicle to hold as collateral. They will need some information about the condition of the vehicle in order to give you an idea of the loan you will receive. This includes:

  • Make of the Vehicle
  • Model
  • Vin Number
  • Year
  • Mileage
  • General Condition

Once the information is sent to the company, a free title loan quote will be given concerning the amount of the loan. A qualified loan representative will call as well to discuss the rest of the process and answer any questions about the loan.

What Can the Loan be Used For?

Title loans West Palm Beach never ask why you need the money. They are simply in business to give people the short-term loans they need to help them out of a rough spot. You can use the loans for whatever you like, but many people apply because of these types of expenses:

  • Utility bills
  • Rent or Mortgage
  • School Loans
  • Medical Bills
  • Prescription Costs
  • Child Care
  • Funeral Expenses
  • Credit Card Debt
  • Home Repairs
  • Vacation
  • Clothes

Florida Laws Concerning Title Loans

  • The loan period is limited to a maximum of 30 days under Florida Statute 537. However, this term can be extended if each party agrees in writing. That means you can extend your loan period if you are unable to pay it back within the first 30 days. Under this law, the interest rate must stay the same for the second loan period as it was in the first.
  • Loans may only be given to borrowers who are 18 years of age and older. No loans may be entered into if the borrower appears to be under the influence of any type of drug or alcohol.
  • Title loans in Greenacres must accept a partial payment from their customers.
  • Loan companies are not permitted to sell insurance to their customers.
  • All loan transactions must be in writing and copies given to each party.

A title loan can be the perfect solution to unexpected monetary problems. Look into one today and get the cash that you need fast and easy.

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