Title loans are a great way to get the money you need to pay unexpected bills or provide you with cash fast for any reason. In San Marcos, California, title loans have been a lifesaver for many people.
All you need is a vehicle with a clear title and you can often get the money you need within 24 hours. The great thing is you get to keep the vehicle while you work to repay the loan.
Title loans in San Marcos have proven to be the perfect solution for people who need cash fast and cannot get the money from family, friends, banks or other conventional sources of loans.
Title Loans in San Marcos
Getting a title loan in San Marcos, California is easy. All you need is an automobile with a title that doesn't have any liens and you need access to the internet.
You can simply go on the website, fill out the title loan application with your personal information and details about the year make and model of your automobile.
In a matter of minutes you will get an estimate of how much money you can borrow against the title of your vehicle.
If you are satisfied with the amount, you can make arrangements to pick up the money. It's that easy. That's why title loans are quickly growing in popularity in San Marcos, California.
California Title Law
The law governing the process of getting a title loan in California is simple and straightforward.
For loans of up to $4,999, lenders can charge $75. There's no interest rate cap on loans larger than that. If the loan payment is late, the lender can charge a $10 dollar a day late fee for the first 10 days and $15 a day after that.
Lenders can also charge a processing or administrative fee, but must make the borrower aware of it before the contract is signed and it must be clearly displayed on the contract.
If the borrower fails to repay the loan, the lender can take possession of the vehicle according to the state's title loan repossession laws.
Title Loan Benefits
There are many benefits to getting title loans in San Marcos. Getting one is fast, easy and convenient. Plus, they have a low APR and a friendly repayment schedule. Applying for title loans in San Marcos is a breeze.
The loans require very little paperwork and you can apply anytime, anywhere with their online application. The streamlined loan process makes borrowing money against your car title smooth and stress-free. And you get to keep driving your vehicle while you repay the loan.
People in San Marcos also like title loans because they are private, safe and very flexible. You can even extend the repayment period if you need more time.
A Great Option
When finances are tight and you need money in a hurry, title loans in San Marcos are a great option. They can provide you with the funds to take care of any emergency or unexpected bills.
All you need is a vehicle with no liens on its title and you can qualify for title loans in San Marcos or an auto loan in San Diego.
While you may not be able to qualify for a conventional loan, you can get the short-term loan you need with just your car title.
For people in a financial bind, getting title loans in San Marcos can make all the difference in the world.