/ What are Title Loans Anderson? /
Getting a personal loan always involves a process, but there is none easier than title loans in Anderson. Just pledge your car, truck, motorcycle or SUV as collateral for the loan. Approvals are based on your collateral and not a credit check. Mainstream lenders need to check your credit so they can determine your creditworthiness. Title lenders believe everyone is worthy of a loan, even those with poor or bad credit. That is why collateral is the basis of title loans. When you are approved for the loan, the lender gets to put a short-term lien on your vehicle, and you will turn over the title certificate. When the loan is paid off, the life comes off, and you get the title back. Anyone who owns a vehicle and is willing to pledge it as loan security can get a title loan. Applicants have to be at least 18 years old, and they need to be employed or have an income. Their money can come from unemployment benefits, alimony or other various sources.
/ Title Loans Anderson Application /
In about the length of a television commercial break, you can fill out an application for title loans in Anderson, submit it, and get a loan estimate. All we need to make an offer is the type of vehicle you’re pledging and its mileage. Once you accept our loan offer, we start finalizing a loan package. This include working out a repayment plan that fits your budget. Before the day has ended, you can potentially finish the loan process, sign a loan agreement, and collect your money.
/ Legal /
South Carolina law allows borrowers to renew a title loan up to six times after their original loan ends. Borrowers also have the right to cancel a loan if they change their mind. The requirement to cancel is that borrowers must repay the entire loan amount within one business day.
/ Benefits of Title Loans /
Fast is the only word you need to know when it comes to title loans in Greenville and Anderson. You need it fast, and that’s how we get it to you. Our application and loan processing are stripped down to the bare necessities so that we don’t waste any time. We’ve eliminated the credit check, which is a big time saver, and it makes our loans accessible to people whose credit is not perfect. Your loan is your business, so we keep it private. In addition to not telling anyone about your loan or sharing your personal details with others, we let you keep your car. Yes, the same car you put up as loan collateral. First off, if we take the vehicle, you won’t have transportation. That’s an inconvenience for you, and we don’t need the car since we have its title. Second, if you suddenly have to take public transportation or ask people for a ride, they will ask what happened to your car. If you tell them, they’ll know about your loan. By letting you keep the car, we let you maintain your privacy.