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.
Working with Titlelo will fast-track you to a lender with the loan that works best for you. Most Lake Delton 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).
There are no hidden fees when applying for a loan with Titlelo. Apply online for free and receive instant pre-approval. Titlelo works with numerous lenders and can help customers understand exactly what they are paying on a loan. Each lender is different, and we will help you understand the fees your lender charges. We strive to work with lenders that have reasonable fees: including no prepayment fees. If you are interested in making early payments, we will match you with a lender that does not charge an additional fee.
When applying for pre-approval, provide your name, contact information, and vehicle information. There will be no credit check or employment verification. Your lender will complete an inspection of your vehicle to determine the final loan amount, and they may request additional documentation, like proof of income and a valid government-issued I.D.
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 Lake Delton 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 Wisconsin 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.
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 Wisconsin, the maximum loan amount permitted by title loan laws is $25,000 or up to 50% of the fair market value of the vehicle to be used as collateral. Of course, lenders also have their own limits, and it is rare for them to give borrowers $25,000 for their vehicles. For example, some only allow loans that are worth 30% of the car.
Title loan laws in Wisconsin do not place a cap on the interest rates applied. On an average, lenders in Wisconsin charge around 25% interest.
To secure a title loan in Lake Delton, the only requirements would be a government-issued ID that proves the borrower is at least 18 years of age, as well as the car title.
Wisconsin law allows borrowers to roll over the existing loan into a new term in case the borrower is unable to pay by the end of the original term. For the rollover to happen, the borrower must pay the current interest. This means incurring new interest charges on top of the principal on the new term.
Note that lenders also charge a late fee should the borrower fail to pay on time. The late fee amount if usually 2.75% of the principal.
Failing to pay for a title loan in Lake Delton, WI would mean that the lender is allowed to repossess the vehicle. However, the lender is required to send the borrower a written notice 20 days before the car is repossessed. This time frame allows the borrower to catch up on the payments missed.
If the borrower is still unable to pay the required amount beyond the 20 days, the lender has the option to sell the car. If the amount for which the vehicle was sold is insufficient to cover the loan, interest, and fees, the lender cannot go after the borrower unless the following scenarios occurred: the vehicle was intentionally damaged or destroyed so that the car’s value is lessened, the vehicle is intentionally hidden from the lender, or the car had a lien while it was being used as a collateral for the loan
If the vehicle was sold for an amount higher than what is owed, the lender should return the surplus amount to the borrower.