Title Loans in Harrisburg, Pennsylvania from Loan Cheetah
From time to time, everyone gets in situations where they could use a bit of extra money. Regardless of if it is for paying a bill or handling a school event when you are short on cash, there are options to consider. While you can always go to family and friends to ask for the money needed, this can create somewhat of an awkward situation. There is a better option Ė title loans in Harrisburg.
While you may have heard some things about title loans in Pennsylvania in the past, you may not know the whole truth. Because of this, you may be missing out on an opportunity to easily and quickly get the funds you want and need. There are several reasons to opt for title loans in Harrisburg over traditional bank loans or asking friends and family members. They are easy to apply for, available for people with all credit ratings and the amount you receive will be based on the value of your vehicle. Getting this type of loan is one of the easiest things you can do when you are in need of money.
How to Apply for Title Loans in Harrisburg
If you are ready to begin applying for a title loan in Harrisburg, all you have to do is visit the Loan Cheetah website and fill out the easy application. This application requests some basic information, such as the make and year of your vehicle, its current mileage and some basic personal information to contact you, including your name, phone number and zip code.
After all the information has been put onto the form, and you submit it, you will receive a free title loan estimate. While the auto title loan quote is just an estimate, it will provide you with an idea of the amount of money you may receive. Once you have received the estimate, a loan representative will call you shortly after that. This will allow you to discuss the loan in more detail and learn exactly what you can receive from a title loan in Harrisburg. Keep in mind, the auto equity loan offered by these companies is typically only a fraction of what they are worth, to ensure they can make money if you default on the loan, and they have to repossess and sell it.
Legal Regulations for Title Loans Harrisburg
It is important for consumers who are considering a title loan in Harrisburg to understand the legalities associated with these loans. For example, the highest annual interest that any non-licensed lender can charge for these loans is six percent, and the most a licensed lender can charge is 25 percent. Also, companies that provide these loan products in the state of Pennsylvania can protect themselves from any liability regarding a class action lawsuit by the use of class action waivers and arbitration clauses in their loan agreements. Remember to always read all of the contract carefully, before signing.
Benefits of Title Loans
Even if you have a salvage vehicle, you can also apply for salvage title loans online. These loans are extremely beneficial and can provide you with the money you need when you need it. You donít have to worry about long, complicated forms and can often have the money the same day. This makes the product much more appealing than traditional loans.