Blog Posts And Recent Articles About Title Loans in California
You may think it's easy to get approved for online loans in California, but there's a lot you need to know. You first need to determine if a car title loan is right for you. Then it's all about navigating the process of applying for and getting approved with a title loan company. You can do this online or in person, but either way you will probably need to have the vehicle inspected by a title company representative. That sounds like a lot to navigate, but we're going to make it a bit easier for you. With our blog posting page we have weekly articles that feature different strategies and tips to make things easier. Our latest post explains some of the negative aspects of using your car to get funding. We also feature articles on what's actually required by a lender to gain approval and the latest credit requirements. Don't take out a vehicle equity loan in CA without being informed. Use these blog articles to best understand what is needed to get a California car title loan!
Getting a title loan when you really need it can be a lifesaver. We've all been there when cash is tight and often there are few options available. Unlike some states, California allows companies to offer vehicle title loans. There are restrictions and interest caps that all companies need to follow. But that, doesn't mean an online equity loan is always in your best interest. It's vital to understand the risks that come with this type of financing. Weigh those risks against why you're initially seeking a short term loan in the first place. […]
It used to take days or even weeks to get approved for a title loan in California. You had to meet with someone face to face and it would take days for the lending company to underwrite your application. Those days are long gone. Like installment and payday loans, you can now submit all information online. This includes information like vehicle condition and employment history. Once a title loan lender has all this information that can typically sign off on a loan within one business day. […]
There's no way around it. You will have trouble getting a traditional loan if you have poor credit. Being able to provide a good credit score when you apply for a vehicle loan or mortgage makes all the difference. With title loans however, it's more to show there's enough equity in the vehicle in the case of missed payments. Even though you can have bad credit and still get approval for a title loan, that doesn't mean it's not important to improve your credit report. […]
California is a state where many people own their own vehicles. The state is large geographically and it's important to have a car to get to work or to just get around. That's why you need to know exactly what you're getting into when you apply for an online title loan. Some applicants don't know that they can keep driving their car during the life of the loan. […]