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 Troy!
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.
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.
If you have a title loan in Troy but are unhappy with the interest rates or even the customer service, Titlelo can find a new lender to refinance your loan. After learning more about your current loan and vehicle, we will connect you with a lender that will offer better rates and a better experience.
When a loan is refinanced, the old debt is paid off by the new lender and a new loan is created to replace the old one. The new lender will then have rights to the vehicle in case of a default on the loan. The lien on the vehicle (rights to possession in the case of a default) is transferred from the old lender to the new one with the new loan.
Refinancing is a great opportunity to shop for new rates and lenders, but it can be difficult to locate a credible company fast enough to satisfy your needs. Titlelo can match you with a new lender in minutes and lower your rates for good.
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.
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 Troy the past and have been denied, don't be discouraged. There are plenty of lenders that Titlelo can work with to approve your loan.
In Idaho, title loan laws regulate the way lenders operate. However, there is no given cap on how much the interest rate should be. The total amount that a borrower will pay depends on the amount of the loan as well as the length of the loan terms. Idaho law also states that these loans cannot exceed 30 days. However, should the borrower fail to pay within this time frame, they have the option to renew the loan.
To qualify for a car title loan in Troy, ID, borrowers must present a car title, proof of income, proof of address and government-issued ID.
In some cases, lenders may ask for a different set of requirements. Some lenders, for example, may ask for references and insurance.
Title loans in Idaho are automatically renewed should the borrower fail to principal and interest by the due date. Upon the 3rd renewal, however, the borrower should pay an additional 10% of the original loan’s principal. There may also be further charges on top of that.
Should a loan be automatically renewed, the lender should give the borrower a notification within 14 days of the renewal date.
Inability to pay for the principal and interest of any title loan in Troy means that the borrower’s vehicle may be repossessed by the title lender. The lender would either sell the car to a used car dealer or hold an auto auction to get rid of it.
If the lender sells the car for an amount lower than what the borrower owes, then the borrower would still have to pay the difference between the original amount owed and the amount for which the car was sold. But what if the lender was able to sell the vehicle for an amount larger than what was owed initially? In this case, the lender would have to give the surplus to the borrower.