Lexington Online Car Title Loans, South Carolina

Whether it’s because of global warming or another cause, recent years have seen devastating natural disasters. Some homeowners found out the hard way what their home insurance policies do and do not cover. Left with severe and expensive property loss, many struggled to find a way to pay for repairs. If only more of them had considered one of the easiest methods of getting money, which is title loans in Lexington, they could have gotten cash quickly and easily.

/ What are Title Loans Lexington? /

Title loans in Lexington are cash loans made to consumers based on the value of their personal vehicle. An applicant pledges their truck, car, SUV or other vehicle, and they give the lender the vehicle title. The lender gives the borrower cash and places a temporary lien on the vehicle collateral. After the loan is paid off, the lien is removed, and the borrower gets their title back. Anyone who is at least 18 years old can apply for a title loan. They must own the vehicle they’re putting up to secure the loan, and they need to have money coming in to pay loan notes. Income can originate with a job, or it can come from a different source, such as unemployment benefits. One thing most other lenders require but title lenders do not it a credit check. Title lenders rely on collateral, and not have a credit check allows them to make more loans to more people, including those with bad credit.

/ Title Loans Lexington Applications /

Invest a few minutes in completing an application for title loans in Columbia and Lexington, and you’ll be rewarded with cash very quickly. Most people get their money the same day they apply. All we need to get the ball rolling is the make, model, style, year and mileage of your vehicle. We’ll determine the car’s value and make a loan offer based on that. If you like what we’re offering, we can work out a loan package. This includes making sure you understand how title loans work, setting up a repayment schedule and collecting your title certificate. Soon afterward, you get money.

/ Online Title Loan Legal Info /

South Carolina law refers to title loans as short-term vehicle secured loans and they are set for a term of at least 30 days and no more than 240 days. Borrowers may renew title loans up to six times. Borrowers who miss payments may be in danger of having their vehicle repossessed by the lender. In this case, lenders must give the borrower written notice and 20 days to bring the account current.

/ South Carolina Title Loan Benefits /

  • Easy loan approval.
  • Cash is distributed fast. Most people get their money in less than a day.
  • You don’t have a credit check. If your credit is bad, you are probably used to being rejected by standard lenders. Title lenders don’t reject anyone because of their credit score. Our loans are based on the collateral that you bring to the table.
  • Missing payments is not a good idea, but we understand that it can be a struggle to pay off a loan. After all, most people get title loans because they’re having money problems. Just tell us as soon as you realize you can’t make the payments. We are will to roll the loan over so that you get more time to pay us back.
  • There is no good reason for you to take public transportation or have to ask others for a ride when you can drive your own vehicle. We’ll keep the title while you’re paying us back, but you get to keep your car.