Title Loans Napa, California
Running out of money is an equal opportunity problem. Eighteen-year-olds just stepping into adulthood find themselves short of cash and so do adults passing into retirement age. While the reasons they run out of money vary from person to person, they can all find a solution in two words; title loans. If you’ve never considered this option, just imagine needing money and getting it in the same day. That’s how things work when you apply for title loans in Napa.
If you own a car and need money, use the title as loan collateral, and that is a title loan. Title loans in Napa are extremely easy to complete; just submit a bit of info about you and your car, and you get a loan quote. After the quote, a Loan Cheetah representative calls you to complete your online title loan application. Usually, loans are approved within 24 hours, but sometimes it takes an extra day or two. Even then, the process if faster than that of traditional loans.
Title Loan Napa Application
Before applying for title loans in Napa, make sure you are at least 18 years old and your name is on the title of the vehicle you plan to use as loan security. If you qualify, simple use the easy Loan Cheetah online loan application to give us your name and contact information, as well as the vehicle model, make, year, style and mileage. We will give you an instant loan quote and then call you to finalize things. During our phone call, we will need to know what kind of condition your car is in and your source of income. The entire process is usually complete in about a day, and you can get the money as soon as you’re ready. Loan Cheetah also offers an easy path to get a rebuilt title loan.
Under California law, any loan under $2,500 dollar may not have interest rates higher than 30 percent per year. Loans over $2,500 are not subject to interest rate limits. Lenders are allowed to charge late fees, administrative costs and processing fees. Lenders must provide customers with all information related to their loan, including details about interest rates and all possible charges.
Benefits of a Title Loan in Napa
Since part of your problem was the immediate need for money, being able to get that money the same day you apply for a loan is a tremendous benefit. More traditional loans require more time and documentation, and you don’t know exactly if or when you will get the money. With title loans, you know that the money follows very quickly after you complete the application.
Who needs good credit? As far as the title loan industry is concerned, good and bad credit are the same, and both are overrated. Owning a car is your ticket to title loans in Santa Rosa and Napa, so there is no reason to run a credit check. There is also no reporting to credit bureaus about your title loan and if you made payments on time.
Title loans are designed to run a short course of about a month so that people who use them can get the loan, pay it off, and get on with life. However, sometimes circumstances change or interfere with plans, and people need more time to pay off a title loan. In that case, something can be worked out to give borrowers enough time to pay off the debt.
Another benefit is auto title loan interest rates, which are lower than the rates of payday loans. And, to top it all off, with title loans, you get to keep driving your car while you pay off the loan.