Title Loans in Bunche Park, FL
Bunche Park Title Loans Myths Debunked
During the past 25 years, car title loans in Hialeah have been a source of controversy in the media. In some reports, car title loan have been praised for helping customers get out of tough financial situations. In other media reports, these loans have received negative publicity.
If you are seeking title loans in Bunche Park, it may be challenging for you to know which media reports to believe. At Florida Car Title Loans, we know the truth about the loans that we offer.
Automobile title loans have helped thousands of Florida residents get cash when they did not have other lending options. To debunk the myths that have been reported about vehicle title loans, we have created a list of the most common title loan myths.
Myth 1 – Car title lenders are ready to ‘snatch’ your vehicle the first day after you miss a payment.
Although a car title loan contract gives us the authority to repossess vehicles for missed payments, we always attempt to work with our customers before we take that action.
It costs our company a lot of extra money to repossess a vehicle in Florida. We would rather work with our customers to come up with an amicable solution.
Myth 2 – It is impossible to repay car title loans in Bunche Park because the interest is so high.
Millions of people successfully repay automobile title loans in the United States each year. Due to the nature of the loan, the interest rates are slightly higher than the rates for traditional loans. However, we offer competitive interest rates and economical installments for our loans.
Myth 3 – Customers should be ashamed to apply for title loans in Bunche Park.
For some reason, applying for car title loans has a stigma attached to it. If you need financial help, you should not be embarrassed by getting a loan from Florida Car Title Loans. Getting a loan from our company is no more disgraceful than borrowing money from a mortgage lender or your local bank.
Myth 4: When you sign a contract, the title lender owns your vehicle.
Your contract will not transfer ownership of your vehicle to Florida Car Title Loans. Although our company will request to be listed as the lienholder on your car’s title, you continue to own the vehicle.
Myth 5: Car title lenders charge hidden fees that are not listed in your contract.
At Florida Car Title Lenders, our priority is to provide our customers with a transparent lending process. We do not assess hidden fees for anything. Each of our fees will be listed on your loan contract. When you partner with us, you can repay your loan early without paying additional fees.
How to Apply for Bunche Park Title Loans
Now that we have revealed the truth about car title loans in Bunche Park, you can feel at ease about using your vehicle as collateral for a loan. Here is how you can take the next steps to apply for a loan with us.
1. Complete an online application. It only takes a few minutes for you to provide the necessary information such as your name, email address, and contact phone number.
2. Speak with a loan service representative to finish the loan process.
3. Get approved and spend your cash.
Our application process for title loans in Bunche Park is quick and easy. Partner with us and apply for a loan today.