Lender guidelines make it easy to get cash for your auto title in Fort Lauderdale. Car title loans can provide you with the money that you need today, and most title loan companies will also let you pay back your car title loan over a period of months or even years. Anyone in Florida can apply online and you also have the choice to apply for a title loan at a neighborhood lender near you in Fort Lauderdale.
How To Qualify For A Title Loan In Fort Lauderdale
You can start the qualification process by completing a simple online application on our website to see if you can get cash for your vehicle’s title. The requirements for a title loan often come down to how much equity you have in your car. If someone has a paid off vehicle that’s worth a fair amount of money then you should have no problem getting approved. Lenders will primarily look at what collateral you have in the form of your vehicle and they will look past your bad credit report or credit history.
Other requirements for a car title loan in Fort Lauderdale may include an active insurance policy, verification of current employment as well as paperwork that shows you have enough income coming in each month to pay future payments. You will also need to provide a valid ID and of course the pink slip for the vehicle you plan to use as collateral. Anyone in Broward County can get ID and title documents from the FLHSMV location on Federal Highway in Ft Lauderdale.
The good thing is that you won’t need to give your lender physical possession of the car. Instead, you hand over the actual car title as collateral for your loan and you will be able to keep driving the car as you please.
Car Title Loans in Fort Lauderdale With Bad Credit – Is It Possible
Yes, it’s definitely possible to get cash from a title loan company in Fort Lauderdale and it shouldn’t matter if you have poor credit or even no credit history. That’s because car title loan companies can often work with less than perfect credit and you’ll be able to get the money that you need quickly. Applicants who have good credit may be able to borrow more money since car title loans are unsecured, meaning default rates are much lower than other types of payday loans.
Car Title Loans in Fort Lauderdale Without A Job
People who are unemployed or don’t have a consistent income may still qualify for car title loans in Fort Lauderdale. It’s fairly easy to upload information about your part time job or income online for lenders to look at when they process your car title application, which means it shouldn’t be difficult for people who are self-employed or on federal or state public assistance programs to receive the cash that they need without leaving home. There may be limitations on the amount of money you can borrow if you don’t have a full time job and it may be helpful to apply with a local lender in person as that way you can explain the situation.
Apply Online Or With A Local Title Loan Company In Ft Lauderdale
Whichever option you choose, it’s important to be sure that you’re dealing with a car title loan company that has flexible lending criteria and fair terms. Florida has so many different retail lenders and title loan companies all over the state that you really can’t go wrong if you want to meet with someone in person in Broward County FL. There are many local companies open 7 days a week in Las Olas and Port Everglades that are ready to offer cash for your vehicle.
You will also want to consider a local title loan company that offers lending terms of over one year. This can make car title loans easier on those who need money but don’t have a lump sum saved up or access to free cash.
Title Loan Fort Lauderdale – Interest Rates To Expect And How To Apply
Interest rates that come with a title loan are high and there’s no getting around that. Applicants should also be prepared to deal with car title companies that charge fees and other charges that add up quickly in addition to the high APR. Most car title lenders will work with applicants in Florida who don’t have bad credit and you can expect to pay rates that start at 30% for a car title loan in Fort Lauderdale. These rates can and will go much higher than that so show around for the best terms.
If you have bad credit and know the interest rates are going to be high, then perhaps it makes sense to see how much cash you can get with a Fort Lauderdale Title loan. Apply for cash online and get a pre-approval indication in less than 15 minutes. You can also contact the Florida Title Loans team directly at 888-986-8505 if you prefer to get started on your application over the phone.