by nedrah | Oct 24, 2019 | Car Title Loans, Title Loans
Clover title loans are one of the best ways to get money during emergencies. Sometimes, we go through some rough time. During those times of financial crisis, title loans sc is quite useful. They will not only provide you with some quick cash, but there are some benefits as well. One of the most exceptional benefits of a car title loan is that you don’t have to bother about your credit history.
As long as you have a functional car that works properly, you don’t have to worry about your credit score. Even if, your credit score is inadequate, you are up for a title loan. Therefore, if you are thinking of getting motorcycle loans, you are in the right place. Here, we are going to discuss the things that you will need to opt for a title loan.
What are the requirements of a truck title loans?
Well, if you want to avail the truck title loans, you have to show some documents to your lender. Moreover, there is a possibility that the lender might ask you about some additional information. However, they are not bothered about verifying many things as long as you have a functional vehicle. Now, let us fathom the requirements of a car title loan.
- You must be 18 or more than 18 years old.
- You must own a vehicle.
- Your car title should be lien-free with your name in it.
- Also, there is a possibility that the lender or the lending organization may visit your place. They will visit your site to inspect the condition of your car. After that, they will estimate the amount of money that they can lend depending on your car’s condition.
- Moreover, you have to verify that you have a steady source of income. In case, if you don’t have a job, retirement, unemployment, and disability works will do the needful.
Therefore, it is the time when you start filling up your application. Well, even if the collateral of your car is with the lender, you don’t have to worry. Well, you can drive your vehicle even after taking the loan from the lender.
The documents that you need to opt for the car loan
Well, now let us know about the documents that you need to avail the title loans. So, here is the list of the documents that we are talking about.
- You must show the original title of the vehicle that shows the ownership.
- Name on the title that matches the government-issued identification.
- Moreover, you have to show the proof of residency that matches the name on the title.
- Current registration of the vehicles.
- Vehicle insurance proof.
- Recent pay stubs that show that you are liable to pay back the loan.
- Phone numbers, addresses, and names of at least two references.
- Copies of the vehicle’s key that must work.
So, these are some of the facts that you must know about the title loans.
For more details, Contact us.
1st Capital Title Loans
Mon-Fri: 9AM – 6PM & Sat: 9AM – 1PM
Phone: 8039802274
by nedrah | Oct 12, 2019 | Auto Title Loans, Car Title Loans, Title Loans
Well, Car Title Loans are pretty fascinating loans. Well, if you are in need of some emergency money, you can opt for a car title loan. The most exceptional part about Car Title Loans SC is that you don’t have to bother about your credit points. Your credit point has nothing to do with your title loans. However, to get the title loans, you have to show some documents to your lender. After that, the lender will decide whether you are eligible or not.
Another significant part about title loans is that they are for the short term. So, you don’t have to take the pressure of keeping the money for a long time. So, if you’re searching for ‘title loans near me’, you are in the right place. Here, we are going to give insights about some of the documents that you have to show them to get the title loans.
Proof of residency
The primary thing that you have to do is to provide the lender with your proof of residency. Well, title loans are not approved in numerous states of the US. Therefore, you have to show them that you are living in an area where the title loans are approved. There are multiple documents that you can present them as your proof of residences like a bank statement, a phone bill, and other materials.
Proof of income
This is one of the vital requirements. Before opting for the loan, you have to show them with your proof of income. It will help to comprehend that you have a constant source of income. Besides, it will also signify the fact that you are capable of paying your money. You can show anything that shows that you have a constant source of income.
Your vehicle’s photo
It is a must requirement when you are planning to take the title loans. Well, the lender will ask for your photo because it will help the lender to evaluate the condition of your vehicle. After that, they will go for the actual inspection. You must make sure that the photos show both the exterior as well the interiors of your car. Also, they will check the mileage to acknowledge the current values of your vehicle.
Photo ID
Another thing that you have to submit is your photo ID. It will be a form of identification. They will not only verify your identity, but they will also check whether it is matching with the other documents that you have provided. Well, you can submit your photo ID like a driver’s license, a military ID, an international passport, and several other things.
So, these are some of the requirements if you want to avail of the Title Loans. Make sure that you have all the documents mentioned above.
For more details, Contact us.
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
