by nedrah | Sep 26, 2019 | 18 Wheeler Title Loans, Auto Title Loans, Car Title Loans, Title Loans
Title Loan in South Carolina
When a person takes a title loan they need to put down an asset as collateral. The car should be placed under a lien by the lender and all the hard copy of the documents should be submitted. In exchange, the borrower gets a sum of the loan. After the borrower pays back the total amount the lien can be lifted and the car is sent back to the original owner. If the borrower fails to pay back the money the lender has the right to sell the car and gain the money.
There are mainly four types of title loan such as car title loan, personal loan, car title pawns and motorcycle title loan and pawns.
People who are looking for a title loan in SC can go online to see which stores offer them. It is usually a short-term loan. A commercial title loan can also be taken if a person owns a commercial vehicle. Title loan SC, or getting a loan in South Carolina is not tough. It takes about 30 minutes if the correct documents are given. The lender does not require any bank details for the car title loan, which means people with bad credit, can also get this loan. Whenever we think of title loan we think of car title loan.
Various loan options
Car Title Loan: the easiest way to get a title loan is through the car title loan. The amount of money you get is determined on the few factors such as the car value, the ability of the borrower to pay and how much amount one needs. There are many online services that help the borrower get the maximum amount of money and also pay off the previous loan from another company.
Motorcycle title loans: Although this form of a title loan is not widely known there are many companies that give motorcycle title loans in South Carolina.
To get a motorcycle title loan a person needs to have a motorcycle that is fully paid and a valid government-issued ID, getting a loan is a matter of a few minutes. They even provide the loan in cash than credit score, as it is easier to use.
Car Title Pawn: a car title pawn is different than a title loan. Here the owner gets to keep his own car and drive it, whereas for title loan the owner has to give the car to the lender. For many emergencies, people try and opt for car title paw.
Here the lender needs the car as collateral for the amount given. A valid government ID and hard copy of the vehicle is required to get the money. People with bad credit can also get money through car title pawn.
For more details, Contact us.
1st Capital Title Loans
Mon-Fri: 9AM – 6PM & Sat: 9AM – 1PM
Phone: 8039802274
by nedrah | Sep 17, 2019 | Auto Title Loans, Car Title Loans, Title Loans
There are times in our life when we need some fast cash. There are numerous for which you need fast cash. The reason could be some unexpected bills or countless other things. During that time, title loans are going to help you a lot. They are not only a great way to get some fast cash, but there are other perks of it. So, if you are searching for ‘Car Title Loans Near Me’, you are in the right place. Here, we are going to convey to you with some benefits that come with Car Title Loans SC.
The smooth process as well as quick cash
This is one of the most significant benefits of Clover Title Loans. You will get a good amount of money within a concise period. Besides, you don’t have to face any complication while getting that money. The process for availing the title loans is pretty straightforward.
You don’t have to bother about your credit
Another perk of availing the title loan is that you don’t have to think about your credit. For that reason, title loans are known as no credit check loans. The only thing that you have to take care if you are opting for the title loan is your vehicle. Apart from that, you don’t need to worry about anything.
You are eligible for the loan if you have a vehicle
It is one of the best parts of title loans. If you have a car with you, you are considered qualified for the loan. Well, it doesn’t matter if you have a bike, SUV, car, truck or any other vehicle, you can qualify for this loan. Besides, ones you pay the final payment, you will get back your title.
Cheap, compared to the cash advances
Compared to cash advances, title loans are pretty affordable. Well, in case of the title loans, the lender will use your vehicle as collateral. So, they don’t have to bother about paying a high rate of interest. Eventually, the reduced interest rate will help you to spend less.
Convenient options for repayment
Well, if you avail the title loans, you will get numerous options for repayment. Most of the time, lenders offer easy and quick options for repayment. Along with all these options, you will get an upfront schedule. That schedule will consist of your time of payment.
Say goodbye to stress
Stress is the worst thing. It damages our inner peace. But, after availing the title loans, you don’t have to worry about mental stress. We can understand that sometimes your life can go through some rough time. But a car title loan will help you to pay for your expenses so that you can go back to healthy life.
So, these are the benefits of car title loans.
Our Office Address
1st Capital Title Loans
Mon-Fri: 9AM – 6PM & Sat: 9AM – 1PM
Phone: 8039802274
by nedrah | Sep 10, 2019 | Auto Title Loans, Car Title Loans, Car Title Loans South Carolina, Title Loans
Title loans refer to the loans that require collateral (an asset). This means that it’s a loan that requires the borrower to keep one of his/her assets as collateral, which the lender can make his/her own in case of default from the side of the borrower in repaying the loan.
What factors make it easy to get a title loan?
There are basically two factors that show that one can easily get a title loan.
First, title loans do not take into consideration the borrower’s credit rating. So even if a person has very low/bad credit rating, he/she can acquire the required title loan without any questions regarding the credit rating. He/she might have been defaulters in the past but that does not have any effect on this title loan borrowing.
Second, it is a very quick process to get the title loans. They are available at extremely low rates as well. So in case you are in an emergency, you can easily apply for a title loan if you are ready to keep aside an asset as collateral.
Hence, people find it very easy to get these loans at certain times. In the case of a poor medical condition, one can quickly get a title loan to pay for the medical services.
But this does not mean that title loans are always a great way to get loans. One needs to make a good study about them before getting one. They can bring you in greater trouble than you are in at present due to various other terms and conditions attached with title loans.
Our Office Address
1st Capital Title Loans
Mon-Fri: 9AM – 6PM & Sat: 9AM – 1PM
Phone: 8039802274
by nedrah | Sep 7, 2019 | Auto Title Loans, Car Title Loans, Car Title Loans South Carolina, Title Loans
There are times when we go through the financial crisis. During those times, some quick cash is beneficial. And to get that fast cash, you can opt for car title loans. Not only you will get some fast cash, but you will conveniently get them. Besides, your vehicle will be safe after availing the title loans. The company will take care of its safety. So, let us discuss a bit more about the title loans. It will help you if you are opting for that loan.
What are the requirements of the loan?
To avail this loan, you have to meet some requirements. If you can meet those requirements, you can avail this loan quickly. So, the requirements to get this loan are:
- Steady income– Maybe you are not employed. But you have to show the lenders that you are earning money at a regular interval.
- The clear title– Well, the title must be in your name. Also, you cannot use the title for other loans or collaterals.
- Age of majority– The age is also a requirement. To enjoy the title loan, you must be 18 years old or above.
- Residency– Some lenders may ask you to prove that you are a resident of that state. There are some states where title loans are not legal. So, you may or may not get the loan depending on the state where you are living.
- Insurance– Again, depending on the place where you are living, you may have to show insurance. So, you must have basic insurance coverage for your car.
- No bankruptcy– You may have to make sure that you are not bankrupt. In case, if the lenders find out that you are bankrupt, they may disqualify you from taking the loans.
What are the documents that you need to avail the title loans?
To get the title loans SC, you have to show some documents. The lists of the papers are:
- Car title– You have to bring the car title along with you when you are applying for the loan.
- Proof of income– Often, the lenders ask the proof of income so bring one with you.
- Government issues ID– the ID can be anything like a passport or a driver’s license.
- Proof of residency– A proof of residency is a must. It can be a mortgage, utility bill, or lease.
- Vehicle registration– Some states might ask you for your registration.
- Personal references– There are some title loan providers, who will ask you for personal recommendations.
So, these are the things that you need if you want to get a title loan.
Our Office Address
1st Capital Title Loans
Mon-Fri: 9AM – 6PM & Sat: 9AM – 1PM
Phone: 8039802274
by nedrah | Sep 4, 2019 | Auto Title Loans, Car Title Loans, Title Loans
Title loans are now the common method individuals get money when they are not financially buoyant in their daily business life. Even processes and stages which business-men undergoes to get this loan makes it the most preferable type of loan in all financial stagnant cases.
Just like an omelet that was made, so also is title loans as it goes along with some dangers well. Here is it for you, both the benefits and the demerits of title loans, after knowing this, the ball is now in your court to play, maybe you’re going to go ahead and secure this type of loan and sit back so as to avoid its dangers.
Advantages of Title Loans
*All are qualified
Yeah, that’s right everyone is qualified, you are taking loans in the past or this your first time in doing so, just as long as you agreed to the terms and conditions that your car will serve as collateral for taking this loan. Even if you have bad credit records you are also qualified, just agreed to the term and conditions.
*Fast Cash
Having said earlier that it’s application process is the best you would get as it’s the fastest. After the done deal, you’ll have your money in your bank account within 24hours. Just know that the amount of money the bank will lend you are based on the value of your car.
*Still in possession of the car
Although you’ve handed over the collateral to the bank while paying your loan back, you get to be in possession of your car. But you may be told to buy extra insurance if your current policy isn’t up to the standards.
Disadvantages Of Title Loans
* High-Interest rates and fees
This depends on where you live and the personality of the lender you are working with, but you can easily pay as much interest fees as you would have done with a payday loan. When you are about to choose a lender, make sure you understand the terms and conditions of the loan, and if their terms are above the bar, don’t hesitate to withdraw.
*Loss of Car
Finally at the end, when all expectations are not fulfilled, sorry dear but you just lost your car to the lender. Because the loan amount isn’t equal to the full value of the car, this lender will get more value selling the car than they would if you had paid full. Please only take this loan if you’re sure to pay up before the given period of time.
Our Office Address
1st Capital Title Loans
Mon-Fri: 9AM – 6PM & Sat: 9AM – 1PM
Phone: 8039802274
