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Are you looking for a reputable lender near you? Titlelo can narrow down your search in seconds. Tell us a little about yourself, your car, and what you need and we'll take it from there. No endless googling and no questions about quality: we do all the research for you, and we only work with the best title lenders in Dewey Beach!
Selecting short-term financing of any kind can be overwhelming, and the amount of paperwork can become frustrating. To compare rates, you would need to provide your personal information to each lender you would like to review. In contrast, Titlelo only asks what we need to know, and then we give that information to the lenders that will work best for you. You only have to provide your information once, and Titlelo will take care of the rest.
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.
Car title loans are short-term loans that are typically paid off within one month, though this does not have to be the case. Finding flexibility for this among lenders can be a challenge, and many also charge fees for early payments. Applying for a loan through Titlelo enables you to locate the lenders that offer the flexibility you need quickly.
Titlelo makes sure you work with a lender that works with you. We work mostly with lenders that do not charge prepayment fees, placing more control in your hands. Payments for title loans can be extended beyond one month, and we can find a lender who will provide this option at a competitive rate.
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.
Receiving a title loan from Titlelo is simple and fast, but we want to go at your pace. If you have any questions about short-term loans, the loan process, lender requirements, or simply want to share your experience, please call us.
We provide a personalized service to match consumers with the right lender based on their situation and preferences. Rather than attempting to fit the requirements of a lender, we find a lender that fits your needs. Before you apply for a loan directly, allow us to compare lenders for you and narrow your list down to a select few. Not only will you receive the best rates, but you will have an advocate to ensure you receive a loan from a trustworthy company.
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 Dewey Beach 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 Dewey Beach, 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.