Loan funds from car title loans Birmingham are used for a number of things. Some borrowers utilize funds to provide the capital they need to start a small business. Many people use their funds to pay for unexpected expenses, and some folks rely on loans to carry them through when changing jobs. These versatile loans come in handy for any purpose, and they are also easy to get. You don’t even have to worry about a credit check because loans are secured using the title to your vehicle. If you own a car outright with a clear title and have income for repaying a loan, you could be approved quickly. Borrowers love the fact that they can apply online any time they are in need of a little extra cash. Westoak Title Loans has already helped lots of folks in your neighborhood, and we can help you too. Whether you need funds to cover an emergency or make car repairs.
As a lender in the title loan business, Westoak Title Loans values input from our customers. We’ve listened to your concerns and considered your requests for an easy application process. To enhance the application process, we take applications over the phone and at local loan center stores. In addition, for those folks with busy lifestyles that prefer online services.
It doesn’t cost you a thing to apply for title loans Birmingham, so go ahead and submit your information to get the loan process started. Applications require a brief amount of contact and vehicle information such as:
• Your full name, telephone number and zip code.
• A mileage estimate and the age, make, model and style of your vehicle to be used for collateral.
You might want to take a moment to locate your paper car title and income records to confirm that you meet these requirements before filling out an application.
1. Are you at least 18 and have a driver’s license or state identification card to provide proof of your age?
2. Do you own a working vehicle, which is paid in full?
3. Do you have the paper car title to your vehicle, which lists you as the vehicle owner?
4. Is your title free from liens?
5. Do you have proof of income from a retirement funds, self-employment earnings, government benefits, a regular job or other sources?
After receiving your income information, Westoak Title Loans would be happy to make recommendations for choosing a repayment plan. Our goal is to see that each individual comes away with an affordable plan, which doesn’t overextend your financial obligations.
Some loan terms may be as short as 30 days, but it is also possible to get a loan with longer terms. In most instances, longer title loans Birmingham may have smaller payment amounts, which is often beneficial if finances are stretched.
There is a good chance that you are already driving what you need to secure a loan. Westoak Title Loans requires approved borrowers to secure their loans with the titles to their vehicles. This reduces risks on our part, and it helps to ensure that you follow through with your payments. It also works out well for borrowers because secured loans are typically larger loan amounts and may come with better interest rates.
We work with people every day that wouldn’t ordinarily qualify for traditional loans because of their bad credit. However, it makes no difference to us whether you have blemishes on your credit report or a low credit score. Taking the time to check credit scores isn’t worth the time since loans are secured.
If you are fortunate to have a newer model vehicle in good condition, you could come away with a loan worth thousands of dollars. The information you provide in your application is taken to the Kelly Blue Book database where we look up the current market value of your vehicle. This provides us with a base amount for the loan, and we also consider your available monthly income for making payments to come up with the total loan amount.