Max Cash® Title Loans in Lowell specialize in helping people who find themselves in a tough situation and need a secured type of loan to help get through the rough patch. Whether it’s an emergency or just need the extra money to get through the week, we understand everyone has different circumstances and needs! Max Cash Title Loans can guide you through the path of financial relief with our easy online title loan process.1 2 5
What is an Auto Title Loan in Lowell, Massachusetts?
Title loans are short-term secured loans that use the borrower’s car value as collateral unlike bank loans. This adds a layer of security for the lender, who is taking the risk with the cash loan approval.
When the loan is taken out, a lender will add a lien to the car’s title, have you sign a contract which will give them temporary ownership of the vehicle and will negotiate a monthly payment plan. While this lien is on the car’s title, the car will legally belong to the lender.
What Can I Use my Lowell Title Loan For?
The short-term auto title loans in Lowell and surrounding cities are useful to you for different purposes. Only you know what you need the cash but below you will read about some examples that are common among our customers:
1. You need instant cash
Due to financial issues, you may face difficulty paying a medical bill, utility bill or even buying groceries for the week.
2. Your credit score is bad, poor or you do not have credit
Most of the borrowers do not feel confident in applying for a traditional loan with a low credit rating. Credit checks are not a major factor when determining the loan amount and approval on a vehicle title loan.
3. Consolidate loans and just pay one affordable title loan
You may have some credit card repayments that are pending or other due amounts to pay. In these cases, you can choose an auto title loan in Lowell, Massachusetts. However, make sure that you can pay off your title loan at the right time to avoid extra fees.
Max Cash Title Loans in Lowell of Massachusetts work with direct lenders, have competitive interest rates and advantages in comparison to other financing options. That means that lenders have less requirements when it comes to the loan process, less paperwork to fill out and they don’t focus on your credit history.
You must only prove that you own the vehicle that you are using to the title loan companies, have a driver’s license, as well as have a reliable source of income to get approved for quick cash from a title loan lender.1
Can I Get a Title Loan in Lowell Without a Job?
The proof of income requirement can be interpreted in a couple different ways. The best way to explain it would be, you must afford the loan that the lender is offering to you. It does not necessarily mean that you must have a 9-5 job. For whatever length of time that you can show that you have a type of consistent salary on your online inquiry, most lenders will affirm your vehicle.
Most lenders are willing to work with you as long as you can afford the monthly payments. The usual timeframe that a lender would need to meet the requirement would be 30 days of income. It varies from lender to lender.
Max Cash Title Loans in Lowell
At Max Cash Title Loans, we are happy to assist you if you have any questions about the application form, process, or any concerns you may have. Rest assured we are on your side and want to make sure you get the cash fast!1
We are available via telephone or live chat to get that pre-approval instantly.1 2 5 Once your documents are examined and approved, you will receive a quote on a loan.1 Our agents will explain the terms and conditions of the car title loan as well as the payment arrangement. It’s more than just a loan, it’s a huge relief.
Call 855-561-5626 or visit online to fill out a simple inquiry form for a free estimate.1