Get Started
Working with Titlelo will fast-track you to a lender with the loan that works best for you. Most Bowers 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.
Titlelo works for our customers, not lenders. We offer personable customer service and will take the time to answer any questions you have. We offer instant pre-approval and fast cash, but we don't want you to feel rushed in the process. Chat with us online or call us to learn about what services or lenders may provide the best opportunities for you.
Once we learn more about you, we can help find the perfect lender. Compared to other loan brokers, we are as flexible as they come! We will help you secure a loan no matter how old your vehicle is, its mileage, or the amount of equity it currently has. We do not require proof of employment or minimum monthly income, and you do not need a bank account. We can even help you find a lender for a second-lien on your vehicle (if it is not currently paid off).
If your car is not yet paid off, but you still would like to take out a title loan, Titlelo can work with you to find a solution. A title loan on a vehicle with an already-active loan would be referred to as a second-lien on the vehicle. A lien is the legal right of possession over property until another party pays off a debt.
Though Titlelo does not recommend this kind of loan, as it is considered a high-risk loan, we want to empower you to make the best decision for your situation. We can discuss all of your options and provide you with our professional recommendations, but at the end of the day, we will connect you with the lender you choose. Titlelo has worked hard to build relationships with lenders that offer these special loans while still maintaining an excellent reputation.
If you have researched title loans before, you know there can be strict requirements for the vehicle: mileage, equity, and age. Many lenders will not consider a car that is more than ten years old, but cars retain value for most of their lives. Titlelo works hard to select quality lenders near Bowers that have different requirements and loan processes for this very reason. Even if you have an older model, we can still match you with a lender that offers competitive rates without disqualifying your vehicle for age.
Lenders in Delaware may also require additional documentation, such as the title of the vehicle, proof of registration and proof of insurance (but not always). The loan amount will be based on the actual value of the car as determined by the lender's inspection.
We work for you, not a lender. Titlelo offers customized solutions for people who need a loan fast. Rather than telling you what options you have, we listen to your needs and provide recommendations based on the lenders that offer what you want. You never have to worry about finding the best rate: we do all the searching for you and narrow your options down to only the most competitive lenders. Titlelo will strive to find a lender that matches your requirements.
Since we work with so many different lenders, we can offer solutions to people in every financial situation. If you have applied for a title loan in Bowers the past and have been denied, don't be discouraged. There are plenty of lenders that Titlelo can work with to approve your loan.
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.
Delaware laws do not set specific limits on the interest rates that lenders and title loan companies use. On an average, lenders in Bowers use interest rates of around 25% per month.
Delaware laws also state that certain disclosures should be made on the agreement itself. These disclosures will warn potential borrowers how title loans work. Some of these disclosures should indicate that title loans should only be used as a short-term solution, and not a long-term answer to a financial crisis. Borrowers should also be warned against repossession.
Applying for a title loan in Bowers, DE would mean submitting the following information: full legal name, address and contact details and vehicle details.
Once the loan is approved, the creditor may ask for other requirements, such as a set of keys and the original title of the vehicle. Requirements may also depend on the loan amount. Typically, larger loans would require more, such as proof of insurance or anything similar.
Delaware borrowers have the option to have the loan rolled over. The limit is eight times, which means that the lender will allow the borrower to put off the loan payment up to 8 times as long as they pay the interest for that specific month.
This also means that the interest rates will pile up. For example, if the borrower’s loan is worth $1000, rolling over the loan 8 times would mean adding $250 each time on top of that $1000. That’s a whopping $3000 all in all. These extensions or rollovers should not extend the repayment period to more than 180 days.
Delaware laws state that creditors are allowed to repossess a vehicle should the borrower default on their loan. This is why lenders usually require the borrower to surrender a set of keys and the original vehicle title.
Note, however, that the lender should stop charging interest on the vehicle once the vehicle is repossessed. When the vehicle is sold at an auction, any profit beyond what the borrower owes should be returned to the borrower.