Trying to get money in a hurry for food, rent, or simply an emergency can be stressful. It can also be a huge hassle when trying to deal with a bank or credit union. Instead, try to get Cash For Title in West Palm Beach FL, based on the value of your car. Doing this can enable you to get the money you need in as little as an hour. The following information will give more insight into this secured loan.
Using a car title loan to get an approved amount of money entails a borrower allowing a lender to place a temporary lien on the borrower’s car. The borrower will give the lender the hard copy of the car title to keep until the car title loan is paid off in full. The lender may or may not officially add the company’s name to the car title. After the loan is paid, the lender will return the hard copy to the borrower. The borrower will need to take the hard copy to the local courthouse to have the lender’s name removed if it was added to the title.
To get Cash for Title in West Palm Beach FL, an applicant will need to fill out an application online or in person. Some documentation an applicant will need includes a current driver’s license, vehicle title, and current insurance. A person will also need proof of income. This proof can be recent check stubs or bank statements showing deposits from the applicant’s place of employment. The current residency will need to be proven by showing an original mortgage statement or lease agreement. Other documentation needed includes proof of current insurance that meets state regulations and a current bill for a cell phone or home phone.
By understanding a car title loan, car owners can get up to a few thousand dollars from a qualified establishment such as Cash 2 U. This business can offer one-year, simple interest car title loans with no application fee, no prepayment fees, and no credit checks. Take the time to apply for this loan so you can have the cash you need for life’s necessities.
