Title Loans River Falls

Things break down. People suffer injuries. Unexpected things happen. Most of the time, you end up paying something to resolve these problems or issues. Unless you have a fund set up for emergencies or surprises, you will end up being short of money. Something won’t be paid or will get paid late. However, if you get a title loan, you can have the money to pay for everything.

Title loans River Falls are loans given because the applicant put up a vehicle as collateral. The borrower gives Midwest Title Lender the title to the vehicle in exchange for loan money, and when the loan is repaid, Midwest Title Lender returns the title to the borrower. There is no credit check needed because the loans are secured, and that is excellent news for people with bad credit. Applicants for title loans in River Falls just need a vehicle that is free of liens and paid off, and it must have their name on the registration. They also need to be 18 or older and have an income from work or another source, such as disability or unemployment.

Applications for Title Loans River Falls

Title loan applications begin with a short form and end with a pocket full of money. For the application, you need the make, model, year and mileage of the vehicle, as well as the applicant’s name and contact information. Click submit, get a quote, and expect a phone call from a Midwest Title Lender agent. You and the agent will work out the particulars of the loan transaction, including making sure the condition of the car is good enough for its value to match the amount of money being offered. Other particulars include a repayment schedule, signing loan documents and turning in the title. Then, grab your cash and go.

Wisconsin Legal Information

• Borrowers have the option to get up to $25,000 if they qualify, but the loan must not be an amount that is over one half the value of the vehicle used to secure the loan.
• A borrower can change their mind about title loans in Wisconsin after signing a loan agreement. If they return the loan money by the end of the next business day after they initially get the loan, the loan is cancelled. The lender may not charge the borrower any type of fee for having the loan or cancelling the loan.
• Loan terms are a maximum of six months.

Benefits

Any adult who owns a car can get title loans Midwest. That’s not true at a bank. Title loans are based on collateral, which is the car you own. There is no need to do a credit check, and lenders don’t do them just to have an extra layer of financial information about their clients. People with bad credit, terrible credit and even a bankruptcy don’t have to worry about their payment past.

You get the money fast, usually in about a day. You get to keep your car while paying off the loan, which means you are left stranded.

When you want to pay off the loan early, we will not penalize you. When you need more time to pay the loan off, we will work with you. Things don’t always go as planned, and Midwest Title Lender understands that. So, talk to a representative about what you’re going through financially, and let the rep develop a plan to get you back on track. Perhaps your loan needs some tweaking so you can afford the payments, or maybe your loan needs to be renewed. There are options that will work for both lender and borrower.