North Carolina Title Loans – Call Today For A Free Quote

Are you in North Carolina and need quick cash? Did something unexpected occur?

We understand how it is. Life is unpredictable. Desperate times call for desperate measures.

Do you have bad credit? Have no fear. Title loans cater to people with bad credit. Bad credit won’t stop you from acquiring a title loan in North Carolina. These are the main requirements for acquiring a title loan.

  1. Issued Government photo identification
  2. Vehicle in good operating condition and currently registered
  3. Vehicle title free and clear of any liens
  4. Must have automotive insurance

North Carolina Title Loans

 

 

 

The Advantage to a Title Loan in NC

With most secured loans you have to leave the collateral with the lender. This is not the case with a car title loan. The main benefit to this type of secured loan is that you can continue to use your vehicle while paying the loan off.

What does the lender do with the vehicle title?

The lender will take care of all the DMV paperwork. The lender will place a lien on the vehicle making them the legal owner of it while the borrower remains the registered owner. Once the loan is paid off the lender releases interest in the vehicle and the borrower becomes the legal owner again.

Remember, these are high interest loans, we aren’t going to sugar coat that. Don’t commit to the loan unless you feel totally confident that you can pay it back. Try other sources first and do a title loan as a last resort. Maybe ask a friend or family member if possible. See if you are able to get an unsecured loan where you don’t have to put up any collateral. There isn’t any harm in asking or trying if you can swallow your pride.

That’s pretty much the gist of it. Call us today and a loan officer can answer any further questions you may have. Good luck until then.