Looking for emergency cash, but not sure how to obtain one with a bad credit score? If you’re not sure where to look to get your funds, Max Cash® Title Loans can help. We’ve been helping residents connect with car title loans in Cambridge, even if they do not have a perfect credit score!
Max Cash Title Loans is the #1 nationwide title loan marketplace. We can help connect borrowers to our network of thousands of verified car title loan lenders!5 Keep reading below to find out more about auto title loans in Cambridge, Massachusetts.
How Do Car Title Loans in Cambridge, Massachusetts Work?
Car title loans can be short-term loans, or long-term loans! They are installment loans and are secured through a borrower using their vehicle’s title. Title loans involve collateral, the approval process is much more flexible than traditional bank loans.
Even if a borrower does not have a perfect credit history, they could still be approved for a title loan! For a title loan, many lenders will base loan approval on the value of your vehicle, and your ability to repay the loan. Many loan providers for a title loan will care less about your credit, and more about the value of your car! While some lenders will still perform a credit check, your loan amount will be based upon the value of your car, and your income.
What Other Cash Loan Options are Available in Cambridge?
While a title loan can be the best option for many, there are other cash loan options that exist, such as:
1. Personal Loans: If you have stellar credit, a personal loan can be the right option. You can apply for them through direct lenders online, or through a credit union. With good credit, you’ll receive optimal interest rates and a loan amount that reflects your income. However, if you do not have good credit, you may receive poor interest rates and not even be approved for the loan.
2. Payday Loans: Another option for a cash loan is payday loans. These loans are short term loans, and designed to be fast! Many applicants that get approved for a payday loan online or in person can get their cash the next business day. While they are fast, there is a catch. Payday loans often come with high fees, and high interest rates! They can be almost impossible to repay, and you will be paying more than double of what you borrowed in most cases.
3. Cash Advances: When you already have a credit card provider, a cash advance can be another option to consider. Credit card cash advances will allow you to access your line of credit and turn it into the cash you need. One thing to keep in mind with a cash advance, however, is that taking out cash from your line of credit will mean interest! Just like any other purchase with your credit card, you will need to pay back the cash, plus the interest that your card provider charges.
What Documents Will I Need to Apply for a Cambridge Auto Title Loan?
The loan process for a title loan is simple! Here’s the required documents you’ll need to apply for a title loan in Cambridge:
- Driver’s License or Other Government Issued Photo ID
- Proof of Insurance
- Title to the Vehicle in Your Name
- Proof of Address
- Proof of Income or Alternative Income
- Several Pictures of the Vehicle
- 3 References Can Sometimes be Required
How Can I Apply for a Title Loan with Max Cash Title Loans?
Applying for a title loan shouldn’t be a hassle. That’s why Max Cash Title Loans broke down the process to make it as streamlined and simple as possible! Max Cash Title Loans works to connect borrowers to verified title loan lenders. With an online application, you will be free of the hassle of trying to find the right lender!
Here is how the title loan process works when you choose Max Cash Title Loans:
- Apply with Us Online, or Over the Phone: The first step to applying is to either fill out a short inquiry form with us online, or call a loan representative at 855-561-5626. The application will ask for basic information about your income and vehicle. It can take just minutes to do online or over the phone!1
- Get Help from a Loan Agent: After initially applying, the next step is to have a loan agent reach out to you to discuss the details. During this, you can submit your documents online, so our team can forward these documents to a lender and find out your eligibility.
- Apply with a Lender: After submitting your information, you can choose to apply with the chosen lender that fits your financial situation and desired loan amount.1 5 If you receive approval, you can review your loan agreement and choose how to get your funds! Some applicants will have their cash available as soon as the next business day.1 2
Why Choose Max Cash Title Loans for Funding in Cambridge?
There are many benefits that come with working with Max Cash Title Loans. Borrowers can enjoy these advantages:
- Save Your Time: Instead of searching for hours for a title loan online, save your time and energy and let us do the heavy lifting for you.
- A Fast Process: The process to apply for a title loan online with Max Cash Title Loans is fast, and easy! You could get your cash in as little as 24 hours if you qualify.1 2
- No Hidden Fees: When you choose Max Cash Title Loans, you can forget about paying hidden fees!3
- Affordable Monthly Payments: Don’t settle for lenders with high monthly payments you can’t afford! The lenders we work with, give you the advantage of low monthly payments from the start of your loan to the finish.4
- Free to Apply: Don’t wait to see if you qualify! It’s completely free to apply.
What Are you Waiting For?
See if you qualify for a Max Cash Title Loan today by applying with us online, or calling a loan representative at 855-561-5626. Our agents are available seven days a week to take your call!
Disclaimer: Max Cash Title Loans services this area but this map does not represent an actual location