Title Loans Lake Worth, Florida
If you are looking into title loans Lake Worth, Florida, then you are about to find out about some amazing opportunities to get fast cash without a hassle. Title loans involve posting the title to your car as security for some cash on the spot. Because the car title secures the loan, you will not have to go through a credit check to qualify. This is great news for people with lower credit scores. It also means that the entire loan process is much faster. In fact, if you are looking for a fast title loan, Loan Cheetah is about the fastest you can get. We process applications quickly and do everything we can to get you the cash you need when you need it.
Title loans do not require you to give up your vehicle or even stop driving your car. This is true as long as you make sure that the entire amount of the loan is paid in full. You get to have the flexibility of continuing to drive and have the cash in your pocket to take care of whatever you need.
The Application Process for Title Loans Lake Worth, Florida
The whole application process for title loans in Lake Worth, Florida can be done online. Applying for title loans online is simple and does not require much information from you at all. The typical car title loan requirements include:
- Your name;
- Your home address;
- Your contact phone number;
- Vehicle make and model;
- Vehicle year; and
- Total mileage.
The most important requirement to keep in mind is that you must own the full title to your car outright to qualify for a car title loan. You will hear from a representative of Loan Cheetah with a free estimate for your title loan once your application is complete.
Legal Regulations in Florida on Title Loans
You should know that your title loan must be in the form of a written agreement under Florida state law. Besides that requirement, Florida also regulates how much interest can be charged on the loan according to the total loan amount. If you accept a loan for any amount up to $2,000, the most interest you can pay on the loan is 30 percent per year. For loans between $2,000 and $3,000, the most interest you can pay is 24 percent per year. On loans of $3,000 or more, the interest rate is capped at 18 percent per year.
Advantages of Getting a Title Loan in Lake Worth
The list of the benefits for title loans in West Palm Beach keeps growing. Title loans do more than get you cash in your pocket right away. They are also a unique way to be able to keep driving your car but use it as collateral for your loan. So as long as you pay off the title loan, you never lose control of your car.
If you are someone who does not have the best credit score in the world, then title loans are an incredible opportunity to get access to funds that you might not qualify for from a regular bank or lender. Even if you are just curious about how much of a title loan you could qualify for, an auto title loan estimate is completely free from Loan Cheetah, so it does not hurt at all to fill out the online application.