If you need emergency cash, a title loan in Fremont, Nebraska could be the perfect solution. This is especially true if you have bad credit history, or a low credit score. When looking for a title loan in Fremont, start with the experts at Max Cash Title Loans! We are the #1 nationwide online title loan marketplace. And so, instead of being a direct lender, we help people connect with title loan lenders all across the United States.
Below you will find everything that you need to know about Max Cash Title Loans in Fremont, Nebraska.
How Title Loans in Fremont, Nebraska Work Exactly?
Title loans are a type of secured lending that works by using the borrower’s vehicle as collateral. When the loan is taken out, a borrower will add a lien to the car’s title. This will give them temporary ownership of the vehicle.
Even with this ownership transferred, the borrower can keep and drive their vehicle, while the loan is repaid. And once repaid in full, the lender will attach a lien release to the vehicle title. From here, the borrower can take their title to their local DMV, to get a new or duplicate title.
And so, as you can see, title loans are pretty simple in the way that they work.
So, If Not Credit History or Credit Score What Do Title Loan Lenders Look at For Eligibility and Loan Amount?
As mentioned above, title loan lenders will not factor in credit score, or credit history when determining loan approval. And even when a credit check is conducted it won’t have an impact on this. Instead of focusing on your credit score, title loan lenders will pay attention to the value of your vehicle, your income, and your ability to repay the loan. The amount of money you could get with these cash loans will also depend on these factors.
These requirements are flexible. For example, all kinds of vehicles can be used for a title loan, such as motorcycles, RV’s, or even classic cars. When it comes to income Requirements, all kinds of income can be used to provide proof of income. For example, disability, or retirement income can be used.
Are Title Loans the Right Loan Option for Me?
One of the first questions that a person may have when figuring out a loan option, is whether these loans are the right fit for them. To get a better understanding of that it will be helpful to know why others seek out this type of lending when compared to other loans. Here are a few reasons people decide to do so:
- Bad credit and past bankruptcies are okay with eligibility for these loans.
- Car title loans are extremely fast, and once approved, the funds can be made available in as little as one business day. This is a huge difference when compared to traditional bank loans, which can take anywhere from a week to 2 to get funding out. Therefore, when you need fast cash, these loans are one place to start.
- The asset involved is not as significant when compared to similar types of loans, for example, home equity loans, which involve a home for collateral.
- Repayment terms are flexible, especially when compared to other subprime loans out there such as payday loans.
- Your monthly income is passive (for example disability, or retirement income as mentioned above).
Why Start with Max Cash Title Loans for Funding in Fremont?
Another question that you may have regarding pink slip loans, is where to begin your search. The good news is that Max Cash Title Loans can help! We work with a network of online title loan lenders and can help you connect with them, no charge to you. Here are some of the benefits that can come with the loans that we work with:
- Highly Competitive Interest Rates— the interest rates for the loans that we service are highly competitive. And so, you can rest assured you are getting a deal!4
- Low Monthly Payments— the monthly payments for the loans that we service are low throughout loan repayment.4
- Flexible Payment Plans— whether you need a short-term loan or long-term loan, title loan companies we work with are flexible.4
- Quick Cash Once Approved— once approved for a title loan with our team. The funds can be sent straight to a bank account, picked up at a local MoneyGram location, or mailed to you as a check.1 2 5
- A Completely Online Loan Application—The entire auto title loan process can be completed from the comfort of home.
- No Pre-Payment Penalties—you can pay your loan early without any fees or penalties.3 This can be a huge advantage when repaying this type of loan.
- No Hidden Fees—There are never any hidden fees when repaying the title loan.3
- A Simple Application Process— the application process with these loans, is simple and fast. Here is what the application will look like:
1) Apply for a title loan— the first step with the process is going to be to apply for an online title loan. This can be done through our website or over the phone.
2) Talk to a loan agent— a loan agent, will help you with the next steps, and you can submit a few documents. Just hang tight while a loan agent processes your information.
3) Find out approval—next, you can find out approval.
4) Once approved, get the funds— finally once approved for a title loan, the funds can be made available!1 2 5
Apply for Fast Cash Right Away
When you need cash, a title loan in Fremont may be the perfect option!
To get started with Max Cash Title Loans and the lenders that we work with simply head to our website and fill out an online title loan application. Or give us a call at (855) 561-5626. The sooner you apply the sooner you could get the funds you need.