Title Loans in Caledonia, WI
Although emergencies are bound to happen, not many people remember to plan for them. A big majority tend to hope that they will be spared. When an emergency finally catches up with such a person, there is a high likelihood that he or she will be unprepared. In such a situation, an emergency title loan could come in handy in saving the situation.
Title loans fall in the category of loans that do not require the conventional loan approval methods. If you want car title loans in Caledonia, all you require is a car because its title will act as collateral. The collateral is needed because it is what guarantees your security for the loan.
The process of getting a title loans in Caledonia
The following is the simple application process for online title loans in Caledonia at EZ. The application process at EZ is as easy as 1-2-3. The simple process is broken in three easy steps;
- Fill the loan application form
- Get instant approval and allocation of your loan
- Collect cash from the nearest lender
If you require a title loan in Caledonia, you can easily apply for it from the comfort of your living room. Our clients can apply for online title loans from their computers or mobile devices. If you need title loans racine, you no longer need to queue for hours to fill an application form. Just visit our website and fill the simple form that has specifically been designed to minimize the time you spend filling it.
Once our team receives the application, we will take the least time possible to approve it. You will then receive an email or text notifying you of your approval. Our representatives will then call you to give you a title loan estimate.
The state of Wisconsin title loans regulations
According to the laws of the state of Wisconsin, title loans are legal as long as the applicant meets the lender's conditions. The lender is prohibited from lending more than half of the value of the collateral, in this case, a car. The law also prohibits the title lenders from lending beyond $ 25,000.
Vehicle title loans have several advantages over a traditional loan. The following are some of the benefits of title loans in Caledonia:
- Borrowers only wait for a very short before approvals
- Your credit history or score does not factor
- You can receive your funds in under 24 hours
- Professional and friendly staff
- You get to drive your car; we only keep the title
- Our payment terms are friendly
- Our interest rates are the best in Caledonia
A title loan is different from a payday loan in two main ways. For you to qualify for a payday loan, you require a postdated check. On the other hand, to qualify for title loans in Caledonia you only need a clean title. A clean title is a loan that has not been used to secure a loan; it should not have any credit tied to it such as financing of the vehicle. A lien title, on the other hand, is a title that is linked to some credit of the said vehicle was bought on financing and the financing is still outstanding.
If you do not possess a title, you can easily obtain one from your local office at Wisconsin Division of Motor Vehicles office by email, mail, or paying them a visit at the office.