Title Loans Yorba Linda, California
It doesn’t take much to fall behind on bills. When that happens to you, where do you turn for help? While you may have several options for getting the cash you need, it’s unlikely any of them will be as easy or as quick as title loans in Yorba Linda.
Title Loans Yorba Linda
A title loan is a secured loan offered to a person who uses their vehicle as security. With collateral, there is no credit check used to verify your creditworthiness. Anyone who owns a car has an excellent chance of being approved for title loans in Yorba Linda.
While there may be requirements for title loan that some applicants need but others don’t because of their specific loan terms, there are several requirements that everyone must meet.
- A car that is paid off and has no liens.
- A working phone number. After completing the quick Loan Cheetah online application, you will discuss the loan with one of our agents, and this is done by phone.
- You car’s title. This is left in the care of Loan Cheetah while you repay the loan.
- Proof of identification that is either a government-issued ID or a valid driver’s license.
- Proof of registration that is current and in your name.
- Proof of a source of income. This could be from work or another source, such as disability benefits.
Title Loans Yorba Linda Application
Applying for car title loans online starts with basic information about the applicant and their vehicle. Just provide a name, contact number, email and zip code, and the make, model, mileage, style and year of the car. This is sufficient information to give you a loan estimate, but you will talk by phone to a Loan Cheetah representative to finalize the offer and work out the details. This include a repayment plan, discussing your source of income and the condition of your vehicle, and when and where you will pick up the money.
California Legal Information
Interest rates must not go over 30 percent annually for title loans under $2,500. Before they sign a loan contract, borrowers must be given all details of what they are expected to repay the lender. This includes fees for late payments, administrative costs and processing the loan. Lenders must also explain the interest and annual percentage rate attached to the loan. Title loans over $2,500 have no maximum interest limit.
- Fast Money
- No Credit Check
- Easier Than Banks
- Cheaper Loans
- Keep Driving
No matter how small or large your loan amount, you can get the money in about a day. That’s because title loans in Fullerton and Yorba Linda require minimal paperwork and a quick conversation or two with a loan representative.
Title loans are secured with the collateral of a borrower’s vehicle. The borrower’s credit history does not factor into a lender’s decision to approve or deny loans, so a credit check is unnecessary. That means title loans are easy for anyone to get, as long as they have a way to pay the loan back and have a car, truck or other vehicle to use as collateral. Because they are secure, title loans have a very high approval rate.
Title loan applications take minutes to complete, but bank loan applications are longer and more complicated. Banks require information about your job, your pay, your debts and your credit history. Sometimes you have to provide tax returns. Applications can take weeks to be approved or denied.
Title loan interest rates are usually lower than the interest rates of payday loans.
Keep driving the vehicle you put up as collateral while you pay off the loan.