Are you having trouble finding a bad credit lender that offers same day cash in Cincinnati? Here at Car Title Loans 123, we help people with bad credit get cash quickly.
We’ve been offering car title loans in Ohio for years and you can borrow up to $20,000 with this lending option. You don’t need to worry about taking days or even weeks to get approved because most consumers can get a quick funding approval within one business day.
To get started, you’ll need to have a lien-free title in your name for a qualifying vehicle. Your vehicle must also have comprehensive collision insurance to cover the vehicle cost while the lender is holding the vehicle title. You’ll need to bring your title, photo ID, and proof of income when you come in to sign for your loan. There may also be a need for further employment verification if you’re looking for a larger loan amount.
You can ask for up to 42 months to repay your title loan, but most people choose to pay it off early because there are no pre-payment penalties. When you first look for a title loan company in Hamilton County, OH try to find a lender that allows early payoffs and also doesn’t have a prepayment penalty. By making early payments you can ultimately get the vehicle pink slip back and most importantly avoid the costly interest charges that you’re assessed each month.
Interest rates on title loans vary depending on the lender, but they’re typically much higher than traditional loans from a bank. To get a better idea of what the APR will be for a car title loan in Cincinnati, you can use our title loan calculator. The average interest rate for title loans in Ohio is around 300% APR, but the exact amount will depend on the lender you choose and the length of your loan. As with any other personal loan, you should always shop around for the lowest interest rates and best financing terms. Even a reduction of just 1 or 2 percentage points can save you hundreds of dollars over the life of the loan.
At Car Title Loans 123, we don’t base our approval decision on your credit score. We understand that people with bad credit often have trouble getting approved for traditional loans, which is why we offer auto title loans online as an alternative option. As long as you have a lien-free title in your name and meet the other requirements, you can usually get approved for a title loan regardless of your credit history.
If you’re struggling to make ends meet or dealing with repossession, we may be able to help. Car title loans in Cincinnati can provide you with the cash you need to get through a financial emergency, and we make it easy to apply and get approved. Contact us today or visit our website to learn more about how title loans work and see if you qualify. We’re here to help you get the cash you need when you need it.
You also have the option to refinance an existing car title loan with us. Consider a refi or buyout if you’re currently paying high interest rates with another lender. You could potentially lower your monthly payments and save money by refinancing your title loan with us and the best part is you can get back on track with the payoff terms. Contact us today to learn more about refi options in Cincinnati.
If you’re looking for title loans near me in Cincinnati, you’ve come to the right place. Car title loans are available throughout Ohio, and there are several convenient locations to serve you in Clifton and Hyde Park where you can walk in during normal business hours and walk out with cash for a car’s title. We also offer online loans in Cincinnati so you can apply from the comfort of your own home.
Whether you choose to apply online or in person, the process is quick and easy. We’ll work with you to get the cash you need as quickly as possible with minimal paperwork. Contact us today at 844-567-5011 to learn more or visit the Car Title Loans 123 website to apply now.