Title Loans Baltimore, Maryland
Have you ever run out of money and faced the possibility that your electricity or some other service was about to be cut off? Have you had so many bills collectors calling that you decided to unplug the phone? Whether you’re just a little short of cash or in need of a lump sum to get you back on solid ground, you can get the money you need right away with title loans in Maryland.
What are Title Loans Maryland?
Title loans in Maryland are an alternative type of funding that puts money in your hands within hours. Unlike mainstream loans, which are typically complex and take longer to process, title loans are usually wrapped up on a day or less.
Only a few things are needed to get a title loan. First, you need to be at least 18 years old and have proof of your identity and age. This can be your driver’s license or another form of government-issued ID; it just needs to show your date of birth. Applicants need to have a job or a source of income. If you don’t work, you can use alimony, retirement benefits or another income source. Your vehicle is the big requirement. Make sure to pledge one that you own and one with a clear title. When your loan is approved, the title goes to the lender. It’s returned when you pay back the money.
There’s no credit check, so no worries if your credit isn’t that great. Those with good credit have the same opportunity for loan approval as those with bad credit. As long as you have a vehicle for collateral and meet the other requirements, your title loan should be approved.
Apply for Title Loans Maryland
Why wait days or weeks to find out if you will get a loan from the bank when you can know right away with online title loans? All you need to do is apply with your name and contact information and a few basic details about your car. Applying only takes a few minutes, and then you get a loan offer.
If you choose to accept the offer for title loans in Maryland, we can begin work on your final loan package right away. From us, you will get a detailed explanation of how title loans work so that you are not confused about any aspect of your loan. You can ask questions, if needed. From you, we need to know more about your source of income and the condition of your car. A vehicle inspection may be needed. We work with you to set up a payment plan works for your budget. Once we work out all the details of the loan and you turn in the title certificate, you sign a loan agreement, and collect your money.
While title loans aren’t allowed in Maryland, residents can visit neighboring Delaware or Virginia to get the money they need. Laws in both states allow loan renews, and lenders are required to give borrowers advance notice before repossessing their vehicle.
- Easy applications that take only minutes to complete.
- Processing concludes in less than a day, which means you could get your money the same day you apply for the loan.
- You get to skip the longer loan process offered by traditional lenders, which also has no guarantee that loan will be approved.
- With auto equity loans, you know up front that you can get the money because the financing is based on the value of your car.
- There is no credit check, which means if you have bad credit, you can still get a title loan.