Title Loans Philadelphia, Pennsylvania
When you are in need of money right away, where do you turn? Many people go to those they know or try to get a bank loan, but there is an easy way to get money in just hours. Title loans are faster than most other funding options.
What are Title Loans Pennsylvania?
Title loans in Pennsylvania are collateral-based loans that just about anyone can apply for and get. Lenders have streamlined applications and processing so that money gets to borrowers faster. In fact, most borrowers have the money they apply for in less than 24 hours.
A vehicle is the main requirement for title loan approval. Cars, trucks, motorcycles and other vehicles can be used, as long as the applicant owns the vehicle. The title certificate should be free-and-clear, and it must be turned over to the lender when the loan is approved. After the loan is repaid, the title certificate is returned to the vehicle owner. Other title loan requirements to get title loans in Pennsylvania are for the applicant to be 18 or older and have proof of identification. You can actually be unemployed and still get a title loan. As long as you have a source of income, such as disability or retirement benefits.
Bad credit will not prevent your loan approval. Title lenders rely on vehicle collateral, so as long as you have that and meet the other requirements, you can expect your application to be approved.
Apply for Title Loans Pennsylvania
Applying for title loans in Pennsylvania takes less than five minutes. Just give us your name and contact information, and choose your vehicle’s make, model, style, year and mileage. That’s enough info for us to assess the value of your car, truck or motorcycle, which is how we set our loan offer.
If you like the offer we make, we can discuss a final loan package. Processing begins with us explaining how title loans work and answering your questions. We will ask you to give us more information about your source of income, and we need to know more about your vehicle to make sure we assessed the proper value. A short vehicle inspection is sometimes required. You will need to turn over the title certificate and sign a loan document before we give you the cash. Most likely, you will get the money the same day you apply for the loan.
Getting a title loan in Pennsylvania is not possible because state law does not allow them. But, residents can get a title loan in Delaware. With the original loan term and loan renewals, borrowers get up to 180 days to pay off the debt. Lenders must explain how title loans work before the borrower signs a loan agreement. If a borrower gets behind on payments, the lender must give them an option to catch up before repossessing the borrower’s car. Lenders are prohibited from threatening legal action when an account is delinquent. The title loan interest rate will vary.
There is probably no easier way to get loan money than with title loans LOCATION. Applications are much shorter than traditional loan applications, and processing is usually completed in less than a day. There is no credit check, which means anyone can apply and potentially get a loan. If the applicant has a vehicle to use as collateral, there is probably nothing standing between them and title loan money.
Borrowers can get their loans renewed so they have more time to pay off the loan. While making payments, you won’t be stranded because we let you keep the car. We offer a discreet operation that means we won’t share your information with anyone else.