Title Loans Menifee, California
What happens if your job suddenly ends. You don’t get fired, but the company closes or shuts down your department. Sometimes you get advanced warning that the company is in trouble, and sometimes you are blindsided by the event. Thankfully, unemployment is available, but it’s nowhere near your old paycheck, so now you’ve got to make some decisions. Until you get another job that pays what you need to make, you have to cut back on things and find some extra funds. Have you ever considered a title loan? They’ve been around for a few decades, used by millions of people who found themselves in place where money was necessary but nowhere to be found. Title loans in Menifee have been the solution to many financial problems.
Title Loans Menifee
A title loan is an exchange of cash for car title. It’s short-term, typically about a month. Anyone qualified for title loans in Menifee simply use their vehicle as collateral to get the loan. Because it is a secure transaction, the borrower’s credit history is not relevant, and there will be no credit check. This allows Loan Cheetah to approve nearly all applicants and do so within a day or just a few days.
Title Loans Menifee Application
If you have a few minutes to spare, you can complete an online title loan application. Simply supply Loan Cheetah with your name and contact information, as well as general information about your car, such as its make and model. We give you an instant loan estimate and call you to discuss the possibilities. To give you an accurate loan amount, we need to know the condition of your vehicle and if you have sufficient income to pay the loan back. Together, we set up your repayment dates and determine when and where you can claim your cash. Some applicants wonder if they will be approved because they have a rebuilt car title. Well, Loan Cheetah is in the business of helping people get money when they need, and sometimes that happens through our rebuilt title loans.
California Title Loan Statutes
In addition to maintaining a state issued license, title lenders operating in California must provide borrowers details about all fees related to their individual loan, all interest charges they must pay and the annual percentage rate of the loan. There is no interest rate cap on loans over $2,500.
Title loans offer one of the simplest methods of funding available in the world of lending today. Applications take mere minutes to complete. Borrowers have a short phone call with a Loan Cheetah representative and they can get money in about a day. Even when the process takes longer, which is rare, borrowers get their money in just a few days.
Everyone approved for title loans in Temecula and Menifee get to keep their car. Loan Cheetah needs to hold on to the title because the car is linked to the loan as security, but there is no need for your vehicle to sit in a parking lot for a month or so while you pay us back. This way, you get to keep rolling along in your life without disruption of your regular routine.
There is no credit check involved in being approved for a title loan, and there is no credit reporting about how you paid back the loan. With title loans, credit bureaus are not involved at any point.
Car title loan interest rates are competitive and lower than those attached to payday loans. Title loans include flexible repayment terms to give borrowers more time to pay off their loan.