Car Title Loans 123 offers same day title loans in Toledo, and you likely won’t need a credit check! These secured loans are ideal for someone with bad credit who needs to borrow more than a few hundred dollars. When you take out a title loan, you allow a lender to use your lien free vehicle title as collateral for a loan. The equity from your car is the security for the money you borrow. Best of all, loan amounts in Toledo can approach $15,000 for low mileage vehicles!
Our process to apply and get approved for a title loan is easier than ever! Complete our application online and get a quick pre-approval in less than 30 minutes. After that, we’ll review your income and ability to repay the loan instead of focusing on your credit score. It takes less than a day to underwrite a title loan application and you should be able to qualify with a paid off car title and proof of income!
Car Title Loans 123 prioritizes customer service, and we know it’s a big step to put up your vehicle as collateral for a loan. Because of that we’ll work to find the best lending option in Toledo and get you pre-approved and on your way to a same day cash loan!
When deciding on the best financing offer for your situation, you have a few choices. But where else can you turn that offers instant approval and loan amounts of up to $15,000? Also, a title loan is not dependent on your credit score. While a decent FICO score may be necessary for unsecured loans from a bank or local lender, a title loan company uses your vehicle’s equity as collateral, not your credit history.
Another benefit of title loans in Toledo, Ohio is that you don’t need to give up the vehicle as collateral. Instead, keep driving your car and hold onto the keys while the lender holds your pink slip as security. This is not a title pawn loan and there’s no longer a need for a finance company that offers car title loans in OH to hold your vehicle and limit your ability to drive it!
Borrow anywhere from $2,500 to $15,000 in Toledo, Ohio and all you need is your car to use as collateral! Compare this secured loan amount to payday loans and personal loans that max at around $1,000 and you’ll see why title loans are so prevalent in Toledo.
The interest rate for a title loan will be high and there’s no way to sugarcoat it. Expect an APR that starts at 35% and some companies will quote you an interest rate of 100% or more. One way to get a lower APR is to negotiate with your lender and see if they’re open to lowering the rate as you make on time payments. Also, inquire about a refinance if you have an existing loan with a rate higher than 30%.
Car Title Loans 123 will work with you to lower the rate on your existing loan! In addition, we offer title loan refinances where you can see a significant reduction in the overall amount owed and interest due at the back end of the loan. Contact us anytime to see how much we can save you with a refinance or buyout from a title loan company near you in Toledo!
Are you looking to apply for an online title loan and get your money that same day? At Car Title Loans 123 we can connect you with a licensed lender in Toledo that can have the cash wired to your bank account or you can pick up the funds in person a few hours after getting approved. So contact us today at 844-567-5011 to see how much money you can get for the collateral in your car, truck or SUV!
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