Emergencies can happen to anyone. If you are a resident of Havre, Montana, and need some extra financial help, a title loan could be the perfect option. Title loans can be fast and simple and once approved for funds; they can be made available in as little as one business day. Additionally, you can be approved even with bad credit!
And at Max Cash Title Loans, we make it easy to connect with the best title loan lenders out there.4 5 We have helped thousands of people get funded, and we may be able to help you out too.5 If you are ready to inquire about an online title loan, simply head to our website and fill out an application form. For more information on how we work, and on these types of loans in general, keep reading below.
The Basic Title Loan Process in Havre, Montana
Title loans are a type of secured lending that works by using the borrower’s vehicle as collateral. This is the main difference between secured lending, and unsecured lending such as personal loans, or credit cards.
And so, when these loans are taken out the lender will add a lien to the car’s title. This will give them temporary ownership of the vehicle. Once a title loan is paid back full, the lender will remove themselves from the car’s title, and the ownership can be transferred back to you. All of these transfers can be done at your local DMV.
The flexible thing about car title loans is that lenders will usually allow the borrower to drive and use their vehicle like normal.
How Long Will I Have to Repay my Title Loan in Havre, Montana?
Title loan repayment can range from a few months up to a few years. This will largely depend on your title loan lender/ the title loan company that you choose to work with. But the good news is, that most lenders are flexible and offer a variety of repayment terms.
This can be a huge advantage when compared to other subprime loans, such as payday loans, whose repayment terms can be extremely structured.
Do I Need to Own my Car Outright for an Havre Car Title Loan?
Still paying off your vehicle, and have a lien on the vehicle title? With some title loan lenders that may not be a roadblock for approval. The way that it would work is that once you are approved by a title loan lender, you can take those funds and use them to pay off the remaining balance due on the existing loan. From here, if there are any funds leftover you can use them for any financial needs. This is also known as refinancing a loan. Ideally, your new loan would have better interest rates and or a better fit for your budget.
What Can I Use These Cash Loans For?
Another flexible thing about car title loans is that the funding can be used for a variety of different expenses. Here are a few examples of the different expenses that title loan funding is used for:
- Medical bills
- Car repair
- Home repair
- Veterinary bills
- Utility bills
- Rent or mortgage payments
- Debt payments
- Emergency travel
- Funeral expenses
These are just a few examples of how title loans can be used, there are all kinds of other emergencies that a title loan could help you with.
What Do the Interest Rates Look Like with Auto Title Loans?
One of the major concerns that a potential borrower may have with these loans is what the interest rates could look like. Interest rates for auto title loans can range from about 96 percent up to 300 percent annual percentage rate (APR).
Finding a lender with competitive interest rates is important, and at Max Cash Title Loans we make it easy to connect with affordable lenders! We are the #1 nationwide online title loan marketplace. Along with a network of affordable lenders, below are some of the benefits that could come with when working with us.
Benefits of Working with Max Cash Title Loans in Havre, Montana?
In addition to competitive interest rates, here are some of the benefits that could come with the title loans that we service:
- Affordable title loans have — the monthly payments are kept low from beginning to end. And so, you can rest assured that your loan is kept affordable.4
- A fast process — don’t have a ton of time? When working with us, that is not a problem! Inquiring with us only takes 5 minutes or so initially. From here, processing documents and connecting with a lender takes up to an hour. Once approved for funding, the funds can be made available in as little as 24 hours.1 2 5
- No hidden fees— there are never any hidden fees when repaying your title loan!3
- Flexibility with repayment— the lenders we work with try their best to accommodate the repayment needs of a variety of budgets. And so, whether you need something short-term or a longer loan, start with our team!2 4
- No early payment penalties— one huge perk that comes when working with us, and the lenders that we work with is that you can repay your loan early without any fees or penalties.3 And so, short-term loans are always an option while repaying.
- Pick up the funds easily— once approved for the loan the funds can be made available in as little as 24 hours.1 2 5 Pick them up at a local MoneyGram, have them sent to a bank account, or have them mailed to you as a check.
Need more information on the perks or the direct lenders we work with? Check out our FAQ page, our contact information is also on that page. we will be happy to answer any questions you may have about the title loans we service.
The Application Process when Working with Max Cash Title Loans
Here is what the title loan process look like when applying for a car title loan:
- Apply for online title loans Havre.
- Talk to a loan agent and discuss details.
- Find out eligibility– at this point, a lender will conduct a credit check, not focusing on your credit score or credit history, rather to check for active bankruptcy.
- Once approved for a loan amount, get the funds1 2 5
And so, as you can see the title loan process means easy title loans Havre and only takes a few steps when working with our team. And to add even more convenience to the process, every part of the application can be completed from the comfort of home! So, no need to find or drive to a bunch of Havre locations, all of our lenders are online!
To get started with a title loan, simply head to our website and fill out an online title loan application or give us a call at (855) 561-5626. Get started with Havre auto title loans today!