Get Started
A title loan is a great solution for fast cash, but it is not the only option. Payday loans are often considered alongside title loans but are only offered in small amounts (usually up to $500) and require either a post-dated check or pre-authorization for a debit from your bank account. A cash advance is another quick option, but typically carries a high-interest rate and other fees.
Unlike title loans (which require your vehicle as collateral), bank loans can be secured or unsecured, meaning they may not require collateral. In the case of an unsecured loan, your credit history will be the primary factor in your approval and interest rate. Since a title loan is a secured loan, your credit history will not be the primary focus during the approval process and can be one of the best options for those with bad credit or past bankruptcies.
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 Paradis!
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.
Making ends meet is hard enough. What happens when you just can't do it? Both unexpected expenses and planned events, like holidays, birthdays, and back-to-school can all throw a budget off just enough to put a bill (or bills) in jeopardy. A short-term loan can provide you with the money you need to keep your bills current while addressing your additional expenses.
When you need cash, but do not want to open a new line of credit, a title loan can be the perfect solution. Your loan amount will depend on the value of your car, which will be determined by an inspection by the lender you choose. Titlelo helps you compare lenders and select the one with the best rate and options for you.
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.
Unless you receive your funds via direct deposit, there will be no reason to process your bank account information. It is not required to process your loan, and we respect that you may not want to share this information. Titlelo protects customer data, but the safest place for it is to remain with you.
To apply, you will need to provide only basic information about yourself and your vehicle to Titlelo. There may be more documentation required by the lender to process the loan and disburse funds, including a valid government-issued ID, the title to the vehicle, and proof of income. Some lenders will request proof of address, proof of registration, or proof of insurance (but not always).
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.
Title loan laws in Louisiana are part of the state’s overall laws on loans and credits. Legally, there is no specific maximum borrowing amount. But, title lenders in Paradis practice a ‘practical limit.’ This is generally the value of the vehicle devoid of the expected profit of the borrower. However, to avoid the laws governing the state’s payday loans, the borrower of a title loan must borrow a minimum of $350. The minimum period of the loan is two months.
The loan terms generally carry a 36% APR. But some lenders offer lower interest rates, so shopping around is recommended. The lender may also charge additional fees. If the payment check is returned for any reason, the borrower must reimburse the fee assessed to the lender by the depository institution. The reimbursement amount is only paid once, regardless of the number of times the check bounced.
To obtain a title loan in Paradis, LA, borrowers needs to present proof of ownership of the vehicle. Borrowers cannot trade a vehicle that is still under a car payment – as the bank legally owns the vehicle – or if the vehicle is a lease. The borrower must outright own the car. There must also be proof of income and current residence address. The borrower must be at least 18 years old and has a government-issued ID.
If the original loan is unpaid at its maturity date, the lender can charge the borrower for additional fees like a one-time delinquency charge. The lender can also charge an amount equal to the rate of 36% per year for a period.
In general terms, the lender can repossess the borrower’s vehicle if there is still an unpaid balance on the loan’s maturity date. As soon as the agreed period of repayment ends, the lender has the right to repossess the car. The lender may also sell the vehicle. The unpaid balance, as well as the fees accrued selling the vehicle, can be paid off using the sales amount of the vehicle. Any remaining amount will be given to the borrower.