Title Loans Park Ridge, IL
Sometimes you need extra cash to hold you over until payday. Emergency car repairs, medical bills and school fees often happen when we are least prepared to deal with them. With a title loan, you can get the cash you need when you need it.
Most title loan lenders do not conduct credit checks, and work with borrowers with less than ideal financial situations. When you need instant cash for any reason, a title loan is a simple way to get your finances back on track.
What is a Car Title Loan?
Title loans are a form of short-term loans that are based on the value of your car. If you have a car that is free of liens, you can use the title as collateral for a loan. You can borrow up to $10,000 based on how much your car is worth. While you are in repayment, you can keep your car and drive it as you normally do. The lender holds on to your title until the loan requirements are satisfied, then releases it to you.
How to Get Title Loans Park Ridge
Getting title loans in the Midwest is simple. To qualify, you only need a few things. First, you need a car title that is clear and free of liens. Secondly, you need government identification that certifies that you are 18 years of age or older. You also need proof of residence and income. Many people wonder if they can get title loans if they are unemployed. The answer is yes. You can use your unemployment benefits, alimony payments, child support payments or social security benefits in order to qualify for a loan.
Why Title Loans in Park Ridge, IL?
Many people wonder why title loans are so much more popular than other types of loans. Title loans are the easiest loans to get because they are backed by the collateral of your car. There are lenders all over the country who are willing to loan you money, just based on the value of your vehicle. Borrowing from banks can be difficult, even for borrowers with perfect credit. Asking friends and family for money is rarely a good idea. Getting a title loan is quick, easy and convenient.
How the Title Loans Park Ridge Process Works
The amazing thing about getting a title loan in Illinois is how quick and easy it can be to get approved. The entire process takes less than an hour, and you get cash in your bank account overnight. First, you fill out a short application. Then you tell us about your car. We will need to know the make, model and year. You then get a title loan estimate that gives you an idea of how much you can borrow. From there, we blast your application out to our lenders, who are standing by with cash to loan to you.
When you have received the loan quote that is right for you, you sign all of the loan contracts and receive all of the disclosures that Illinois law requires. After you have found the right title loans in Evanston, one of our friendly representatives will then call you to finalize your application. You will then get your cash in your checking account in as little as one business day.
Midwest Title Lender is the Leader in Title Loans Park Ridge, IL
Midwest Title Lender is the premier agency for short-term title loans in Illinois. We serve all kinds of borrowers, from those with motorcycles to classic cars and regular sedans. Whether you have perfect credit or are in the process of rebuilding your credit, we have the loan you need.