Financial emergencies can strike at any time, and with the rising costs of medical bills and home and auto repairs, an emergency fund or your credit card may not be enough. When you’re in a jam, title loans Erath are a great way to get cash in your pocket right away. We here at Maxwell Title Lenders have helped consumers just like you get the money they need.
Simply go to the application form and enter the following information about your car: • Year • Make • Model • Approximate Mileage. With that basic information, we can figure out how much money you may be eligible for with a car title loan. Since title loans are contingent on the condition of the car, we will need to check your car out before we can confirm the loan amount.
You don’t need much documentation when you apply for a title loan, and we think you’ll find the entire application process far easier than a loan through a bank. All you need to have with you when you come in to our office is a form of government-issued identification and your car title. We look at your ID to make sure that you’re at least 18 years old.
You can also anticipate us asking you about your monthly income, just to check that you make enough money to pay back what you’re borrowing. It’s best if you bring proof of your income, such as a pay stub, with you to our office. However, if you’re unable to do so, you can tell us approximately how much you make per month.
When you’re looking for title loans Erath, convenience is an important factor. The last thing you want to do is drive an hour to get your title loan and then to make your payment in a couple months. That’s why we set up our office right here in Erath so you don’t need to go far to find us. You can make it to the Maxwell Title Lenders office by taking surface streets or the freeway. You won’t have any trouble finding parking.
When you arrive, walk right in and one of our loan representatives will talk with you about title loans Erath, breaking down everything you need to know. Make sure to mention if you got preapproved here on our site. The representative will have you complete the required paperwork, and then you’ll take a quick trip outside for your vehicle inspection. After that, it’s all a matter of providing your title to us and leaving our office with your loan.
It’s smart to get as much information on the title loans Erath process before you apply, and that’s why we’ve provided a thorough look below. You should also be aware of state-specific title loan regulations set by Louisiana, so we’ve provided information about those, as well.
A title loan is a secured loan where you put up your car as collateral. Your car’s current market value also determines how much money the lender will let you borrow. Don’t worry about being stuck without a car during the title loan period, because you keep your wheels the entire time. The lender only keeps your car title, and you’ll get that back as soon as you’ve paid off your entire loan balance.
What if you can’t pay back your title loan within the designated repayment period? You still have the option of rolling over the loan. This means that instead of paying it all, you pay only the interest, and the loan principal rolls over to a new repayment period. That new repayment period will have another interest charge, but this is still an easy way to get more time to pay back your loan.