How to get Auto Title Loans in Orange County
Do you live in or around Orange County, California and need money quickly and are looking for an auto title loan. TNL Car Title Loans provides California with car title loans. If you’re looking to get auto title loans in Orange County you can call us today at 888-539-2065 or just fill out the application form on the website.
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Requirements for Vehicle Title Loans in Orange County?
First, it helps to understand how an auto title loan works. You can visit our frequently asked questions page and get a brief overview of the process that is involved in getting an auto title loan. A summary will also be provided here as to what is necessary.
First, a vehicle collateral loan is based off the equity in your car, pickup truck, suv, crossover, motorcycle or other vehicle. The amount you are able to borrow is determined by the fair market resale value of the vehicle. So, just as an example if you care could be resold for $15,000 a lender will loan you a percentage of that amount. Why not the full amount? The simple answer is risk. The lender is in business to make money and wants to protect its investment. So, if you default the lender will auction off your car after it repossesses your vehicle. The lender then wants to make money, or at least break even.
So, if you have a vehicle that qualifies–and you can found out in as little as ten minutes or 15 minutes if your vehicle qualifies for an auto title loan in orange county that is the first step.
What Else Is Needed for Pink Slip Loans in Orange County?
Then, the lender is going to take the time to look at your personal situation. While most auto title lenders don’t take your personal credit into account as much as a credit union, bank, or other traditional financing methods, they will still look at it. Rest assured, however, a lot of title loan lender will not deny you even if you have had a bankruptcy, a foreclosure, or other past financial problems.
After pulling your credit the lender is going to want to be able to verify you monthly income–and a minimum of $1,200 is the amount that is needed to get an auto title loan in California. The lender will also want to check out a few other things. These things include personal references and professional references. The lender will want to know if you have a job, and if so how long you have been employed and other information.
If you’re interested in getting an auto title loan in Orange County just call, toll free, 888-539-2065 or just fill out the application form on the website.