Title Loans Coral Gables, Florida
Do you have problems obtaining a loan do to poor credit history? Do you need money quickly? Do you own your own automobile? If you answered yes to these questions, you may be qualified for a title loan. A title loan is taken out on your own property and can often be loaned an amount up to 25% of your property. Because you are taking out this loan on your own property, credit score is often not considered to receive a loan.
In the Miami and Coral Gables area, thousands of people have positively benefited from title loans by quickly receiving value from their own property. If you are in a tough financial crisis, title loans can help you make payments while still retaining ownership of your own property. In many cases, you will be able to receive a title loan without a job, so long as you have ownership of your property.
At Loan Cheetah, we provide title loans in Miami and are the foremost provider of title loans in Coral Gables. If you live in the Miami area, you can quickly receive money while retaining ownership of your automobile in a series of easy steps.
How to Apply for your Title Loan in Coral Gables
If you are trying to apply for title loans in Coral Gables, simply go to www.loancheetah.com and follow the following series of straightforward steps to obtain your title loan.
- Enter the year, make, model, style and mileage of your automobile
- Enter some basic personal contact information, such as your name and phone number so that a local title loan representative will be able to contact you
- Receive a free car title loan estimate for your vehicle
- Wait to be contacted by a local title loan representative who will reach you as quickly as possible to discuss the taking of your loan.
Title Loan Laws and Information: Coral Gables
Title loans in Miami and Coral Gables are subject to a number of regulations by the state and local governments. There are interest limits of 30% on the first $2,000 borrowed, 25% on the amounts between $2,000 and $3,000, and 18% on any amounts above $3,000.
The lender cannot take possession of the title property unless the borrower fails to pay the amount due within 30 days of the required payment. Additionally, the borrower is permitted the opportunity to voluntarily surrender titled property, to remove personal belongings from the automobile, and to receive excess sale proceedings should the automobile get repossessed.
Title loan lenders cannot sell or charge for your insurance, must accept partial payments, cannot charge a prepayment penalty, and cannot collect deficiency balances from you after your automobile has been sold. As a borrower you are entitled to these rights, which protect you and your property while the loan is in effect. However, it is your responsibility to make timely payments on the loan to ensure that the amount due on the loan is repaid.
Benefits of a Car Title Loan in Coral Gables
Car title loans can help to provide relief to those in financial crisis or with poor credit score. You will get to retain ownership of your car for as long as you continue to make payments on the loan, so you will not be forced to sell your vehicle to remedy financial problems. Title loan services can provide you with a loan in as little as a few days and at Loan Cheetah we offer upfront estimates of the value of your car loan.