Title Loans Weston
You need money, and there is no one willing or able to help. Don’t be discouraged. You just need to review all your options. If those close to you don’t have what you need, let Midwest Title Lender help with title loans in Weston. Money is available to get you through financial challenges.
Title loans are a simple transaction where a consumer applies for a secured loan using their vehicle as collateral. With collateral, there is no credit check. As collateral-based financing, title loans in the Midwest are available for people with various types of credit, include bad credit. People with bankruptcies are also good candidates for title loans in Wisconsin. Midwest Title Lender requires all applicants to be at least 18 and have an income from employment, unemployment benefits, retirement or another source. The vehicle used as collateral must be lien-free, and it must have the applicant’s name of the registration papers.
Title Loans Weston Applications
Since the amount of title loans in Weston is based on the value of the vehicle linked to the loan, only basic information is needed to get a title loan estimate. Provide the make, model, year and mileage of the vehicle, as well as your name and contact number. A Midwest Title Lender associate will call you to discuss loan particulars, including the condition of your vehicle. To get a final loan amount, we need to know how your car is running and what it looks like. Once we nail down all the details of the loan, you can sign the agreement, turn in your title, and receive the money.
Wisconsin Legal Info
- Loans are up to $25,000.
- Loan terms up to six months.
- Before signing a loan agreement, borrowers must get a written statement of all the money they are required to pay back.
- Borrowers have one business day to cancel a loan. They just return the money, and there is no fee.
- Lenders must be licensed by the state Division of Banking.
- Lenders must give borrowers 20 days notice before taking a vehicle for a delinquent account.
- Proceeds from the sale of a vehicle that was repossessed by a lender will go to satisfy the loan amount, all fees attached to the account and any money spent to repossess and sell the vehicle. Any money left after those debts are paid will go to the borrower.
Applications are short. With other types of loans, applications are lengthy and may be complicated.
Working out loan specifics with a Midwest Title Lender associate takes very little time. Everything related to the loan can be worked out the same day you apply.
There are no long forms to fill out, and there is no request to turn in documentation that shows how much money you make at work or have in the bank. In fact, that’s how things work when you apply at the bank. With title loans, everything is streamlined and efficient.
No Credit Check.
Collateral-based loans don’t need to include a credit check, which is why people with low credit scores prefer non-traditional lending. They are more likely to be approved with title loans in Wausau and Weston.
Original loan terms may not be enough time for you to pay back the loan, so let a loan associate know, and something can be worked out. Your loan may be renewed to give you more time to pay it off.
Only leave the title to your vehicle, not the vehicle itself. While you pay off title loans in Weston, you keep the car.