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Your data is safe with us! Titlelo uses 128-bit encryption to protect all information that is submitted through our website. Check to make sure there is a padlock beside our web address in your URL bar to verify the site's security.
Even with these precautions, we understand that your data is important and never ask you to share more than what we need to get your loan approved. Since your vehicle will be the collateral for the loan, there is no need to submit private information for a credit check. Your credit remains untouched and sensitive information like your social security number is never even provided.
The privacy and security of our customers and their data is our top priority. If you have any other questions, you may review our privacy policy or contact us!
Working with Titlelo will fast-track you to a lender with the loan that works best for you. Most Elgin title loan lenders will provide options to make payments online or by phone, and some lenders will have a physical location. Even without a bank account, you can still pay some lenders with a money transfer (i.e., Western Union or Moneygram).
Want to make early payments? Great! We can also make sure we get you paired with a lender that does not charge prepayment fees.
Since you do not have to commit to a title lender before receiving a quote, you can consider your options and use Titlelo's experts for guidance. A lender with a competitive rate may not offer the flexibility you need, but starting the process over can be daunting. Titlelo compares lenders, rates, and payment options upfront so you can work with a company that lets you pay how you want.
No invasive application, no waiting: just a quick online form that will provide you with instant pre-approval. Though our site is encrypted and safe to process your personal data, we don't want to ask for anything we don't need. When you are ready for pre-approval, submit the following information:
After selecting "Get Approved," you will be pre-qualified in seconds. If you have any questions before, during, or after your application, live representatives are available to help. Your final loan amount will be based on the car's value, as determined by the inspection from the lender. Following this appraisal, your loan will be reviewed, and funds could be disbursed immediately upon approval. If you have selected direct deposit to receive your loan, you can have access to these funds the same day.
When consumers compare loans, interest rates are usually front and center. Choosing a loan with the best rate is so complicated that there are entire companies (like Titlelo) designed to solve this problem alone. On top of the interest, processing and penalty fees vary widely from lender to lender, and these charges can really add up. Titlelo strives to work with companies that have the most reasonable fees and highlights lenders that do not charge prepayment fees.
Not every lender offers flexible payment options or schedules, but Titlelo works to narrow down your search quickly. Rather than comparing each lender you can find in a web search, fill out a quick application (online or over the phone) and get instant pre-approval. Titlelo works mostly with lenders who do not charge prepayment fees, but if this is an important feature for you, let us know, and we will be sure to find you a loan without these additional charges.
While most states require car insurance for every vehicle on the road, not all do. Even within a state that requires car insurance, an out-of-service vehicle could have had its policy terminated months or even years ago (why insure it if it isn't going anywhere?). If you would like a title loan for a vehicle that is uninsured, Titlelo can find the perfect lender for you.
Lenders have different requirements, including specifications for the vehicle to be pre-qualified for a loan, but Titlelo handles that for you. Instead of searching endlessly for lenders offering title loans for uninsured cars that meet your preferences, simply fill out a quick application and let us be your matchmaker.
Applying for car title loans online shouldn't be difficult. Complete our simple online application and enter basic information about yourself and your vehicle. Once you're pre-approved, one of our friendly experts will contact you.
Titlelo will assess your needs and match you with the best lender in your area. Once you've accepted the terms and conditions of your lender, we'll help you gather everything you need to make the process simple and swift.
Visit your local title lender and bring your title, ID, and any other required documents. Review and sign your loan documents and get the cash you need instantly. Drive away with your car and get back to what matters in your life.
In the State of Arizona, the maximum monthly rate for a title loan below $500 is 17%. If the borrower’s title advance ranges from $500 to $2500, the monthly interest rate is usually set at 15%. Anything between $2500 and $5000 would get a maximum interest rate of 13%. For any loan amount that exceeds $5000, the monthly rate would be set at a maximum of 10%.
Late payments mean additional charges and interest, but this should be clearly disclosed in the contract. Arizona laws state that penalties should not exceed 5% of the remaining balance.
The minimum requirement for a car title loan in Elgin, AZ is a government-issued ID and proof of monthly income (banking records are accepted).
Although the title of the vehicle showing the borrower as the owner is required by some lenders, some lenders may still provide a loan by basing it on the vehicle’s equity. For loans with a higher amount, lenders may also require proof of insurance. Some lenders may also require personal references.
Arizona laws are flexible when it comes to loan extensions. Many lenders allow extensions especially if there are urgent circumstances that explain the delay in payments.
On an average, borrowers roll over their title loans up to 8 times. This means that a $500 loan could end up ballooning to $1500 considering the 17% rate cap. A $1000 loan, with its 15% cap, will end up costing $1150 after the 8th extension.
In Elgin, lenders may repossess a vehicle when the borrower defaults on the loan. Arizona laws state that borrowers have up to 11 days after the due date to pay their balance. Some title loan companies are more flexible, so it is possible to arrive at a compromise in the event of an extension in case there are unexpected setbacks on the borrower’s part.