Can I Get A Car Title Loan With No Credit Check?
For those borrowers that have been turned down for traditional financing options, car title loans can be an option. It allows you to borrow against the value of your car, so there is no need to worry about a credit check. Here’s what we do know car title loans are fast and convenient. They are also relatively inexpensive when compared to other lending options. If you already have a car, it can be easy to get approved for such loans as long as your vehicle is worth more than $2,500 or less than $10,000. Before you decide to take out a car title loan, it is important that you know what to expect. When you borrow money for a title loan, you don’t need to worry about collateral as much as other types of loans. Still, it can take up to 40 or even 90 days before you are able to pay the loan off. You will have 10 consecutive days after your loan term has ended during which you can pay off the balance in full without incurring any additional fees. You can also choose between a 12-mont...