You’re in a financial situation and you need cash fast. There’s something good to be said for a type of loan that not only beats the others in its league with respect to affordability and convenience, but also ease and flexibility. Title loans Bartow, also known as auto pawn loans, excel at keeping annual interest rates at an industry low while ensuring your cash hits within 24-48 hours. Sounds great, right?
But then you wonder, “What about my credit score?” Well, no worries — title loans Bartow don’t require a credit score check to get your foot in the door. True to their name, title loans ask only one thing: the paid-off, lien-less title to an automobile in your name as collateral. This simple transaction ensures you’ll pay us back inside the agreed-upon time window, after which the title is returned to you in its original state.
Florida Title Loans won’t mess with your vehicle while the loan is still outstanding, so you can still use it as needed. Title loans Bartow can be carried out up to the maximum fair market value of the vehicle placed as collateral, so you can take only as much as you need and pay it back in a comfortable length of time.
The good news is, it’s not a complicated hoop-jumping process like most loan companies. We don’t check your credit, so how difficult can it be? All we ask for is the following:
• make, model, year and rough mileage of the vehicle you’re offering the title on
• your ZIP code, name and phone number, so we can call you shortly
That’s seriously it. It’s a 30-second application with a quick follow-up call while you kick back in the Florida sun. Once we get ahold of you, we’ll just need to verify a few details, including identification and income status. We’ll also throw a free quote on top so you know what you’re getting into going forward.
There are a couple laws to keep in mind that cover your end of the deal.
Title loan companies are legally responsible for ensuring the information they receive from the client is true and correct insofar as either party is able to distinguish. Title loan companies are also responsible for ensuring the client is reasonably well and capable of returning the requested loan size inside the given window of time, signed clearly with indelible ink. No lending entity, including lenders of title loans, is permitted to assess annual interest meterage greater than 10%; any lender found guilty of exceeding this will be charged with usury — no compromises. No lending agency may adjust the window of time within which a loan may be paid off, and the original loan period must be set no longer than 30 days.
Title loan agencies are strictly regulated and watched under Florida state law. Any lender found guilty of legal infraction will almost certainly be required to pay damages to the client.
In other words, you’re covered.
Title loans Bartow hold several advantages over cash advance, payday loans, and other loan services in the same caliber. Title loans have these upsides going for them:
Other loan companies are known for tacking on excessive fees and interest rates that push legal limits, so you end up paying back twice what you borrowed or more. This isn’t the case with title loans, which are also quicker than some loan services that take upwards of a week or more to send you the money.
Finally, we don’t just cover Bartow! Our services extend to provide title loans in Lakeland as well.