Life can sometimes throw us some unexpected curveballs. We may walk into the office one day and find out that we no longer have a job. Our car may break down at the most inopportune time. Additionally, we may be hit with an unexpected bill.
The good news is that title loans in Middleton can help us deal with the unexpected turns that our lives can sometimes take. A title loan is a type of funding that you get using the equity of your vehicle. You will give your title over the lender until you have made the final payment on your loan. It is easier to get a title loan than a traditional bank loan.
Title loan lenders do not have stringent requirements because your vehicle is used as collateral. You can get a title loan even if you are underemployed or have a low credit score. You will still be able to drive your car while you make payments on the loan.
There are three easy steps that you will have to take to get one of the Caldwell title loans. You will need to visit our website and fill out an application. The application will ask you some basic questions. You will be asked personal questions as well as questions about your car.
We can give you a quote after you submit the application. You will have to wait for one of our representatives to reach out to you. The final step is to wait for your funding after you have been approved.
You will need to familiarize yourself with the laws before you try to get one of the title loans in Middleton. All lenders are required to be licensed before they give out any funds. Lenders are also required to disclose all of the pertinent details about the loan.
Idaho law gives a lot of protection to people who take out title loans in Middleton. You will have to agree to the fees and interest rates on the loan. You will not be able to take the loan out for more than 30 days. However, you can renew the loan after 30 days if you need more time to pay.
The lender has to send you out a Notice to Cure Default if you are late on your payments. The notice will give you 10 days to pay off the loan. If you do not make payments in 10 days, then the lender can continue to add fees. The Notice to Cure Default is the only lender that the lender is required to send.
A lien-free title means that you own the car. It means that the car does not have any judgments or outstanding loans. When you take out a title loan, the lender will put a lien on the title. The lender will take the lien off the title after you pay off your loan.