(800) 250-6279TITLE LOANS WITH NO STORE VISIT IN GREENWOOD SC
We offer online title loans that start at $2,000, and you can apply below or call us at 800-250-6279!
FAST ONLINE TITLE LOANS IN GREENWOOD SOUTH CAROLINA!
Premier Title Loans is a leading provider of title loans in Greenwood. You don't need good credit to get approved for these collateral loans and you can keep driving your vehicle after approval. We offer access to loan amounts up to $25,000 for those who qualify!
Fast Approval Title Loans In Greenwood, SC – How They Work
Premier Title Loans offers rapid approval for car title loans in Greenwood! It only takes a few minutes to apply online with us; after applying,g we’ll underwrite your application and get you a quote based on the value of your vehicle. You don’t need excellent credit to be approved(most customers have FICO scores of 600 or less), and you can sometimes get your money within an hour from a local title loan company in South Carolina.
A title loan works similarly to a personal loan as you can typically borrow $1,000 or more and pay off the loan over 8 to 60 months. These loans are different based on the fact that you use a vehicle as security to get approved. There’s little need for a credit check when securing your loan with a vehicle worth $5,000 or more, and most applicants will be pre-approved for a 2014 or newer car or motorcycle.
What Do I Need To For An Auto Title Loan In Greenwood
To apply for an auto title loan in Greenwood, SC, you need proof of income from your current employer or bank and a lien free title for your car, motorcycle, or truck. The car’s title must be in your name only and can’t be marked as salvaged or rebuilt. Some companies require proof of insurance and registration from the DMV, with an inspection or video verification of the car to ensure it has no damage.
A vehicle inspection is not always required, especially for loan amounts of $3,000 or less, but it definitely speeds up the underwriting process when a lender can see your car in person. Besides the peace of mind of an in-person inspection, they can also record the current mileage and have you sign your loan agreement and any additional paperwork all in the same visit!
Interest Rates & Benefits Of Title Loans In Greenwood, SC
Interest rates for title loans in Greenwood vary depending on your vehicle’s resale value and current market conditions but typically range from 45-125%. Rates are always high with a title loan, and you should always consider other financing options before getting a secured loan. However, there are advantages to borrowing with a car title loan, including no credit checks and higher loan amounts, and most lenders in South Carolina allow you to pay down your balance at any time without a pre-payment penalty. You also get to keep driving your vehicle while making regular payments until the car is completely paid off. There’s no requirement for a title pawn company to keep your car as collateral; the pink slip is what secures the loan!
Online Title Loans For Bad Credit In Greenwood
Traditional personal loans require a credit score of at least 700, but a title loan relies more on the collateral from your vehicle versus your credit history. Lenders in South Carolina know the chances of you paying back a secured loan are far better when there’s equity backing up the amount they lend out. Essentially, they’re willing to take on the risk of approving someone with a poor credit score because they can always repossess your vehicle if you default on the monthly payments!
Do you know auto equity loans are easier to approve than payday loans and other payday advances with minimal credit requirements? That’s because those loans are unsecured, and other than taking you to court, there’s not much a lender can do if you stop paying them. Even though they are designed for borrowers with poor credit, there’s still some emphasis on your FICO score when no collateral is present!
What Else To Know About Greenwood Title Loans
In addition to processing and underwriting new applications, we can help you with title loan refinances in Greenwood. We often hear from customers with sky-high rates from many larger national lenders. It only takes a few minutes to get a new quote, refinance your current loan to a more manageable monthly payment, and improve the payment terms. Some customers can bring their current APR down 50% or more with a quick call to Premier Title Loans when they’re looking to refinance. We also offer buyouts for customers struggling with their current lending terms and who can’t get back on track with their payments.
Another thing to consider about auto title loans in Greenwood is that even though the payment terms can last a matter of years, they’re designed to be short term loans. We recommend customers start a savings account each paycheck to make sure there’s money available when the due date rolls around.
Start Your Application For A Title Loan Now!
Premier Title Loans can get you approved quickly for an online title loan of $2,000 or more! We work with title loan lenders in South Carolina that offer competitive rates and fast funding for anyone with a newer low mileage vehicle. Fill out our online application or call us at 800-250-6279, and we’ll let you know how much you qualify for in minutes! Apply for an auto title loan with Premier Title Loans in Greenwood, South Carolina, today!