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I have a bad credit and i want to apply for a title loan for my car in Pensacola?
is there any chance that i would get accepted for a title loan.
7 Antworten
- sarahsmile90Lv 6vor 7 Jahren
Be very careful with this type of loan. Your credit doesn't matter cause you will be putting your car up for collateral. The rates and fees will be high and remember if you can't pay they will take your car. Only do this if you are really desperate and be aware of the risks going in....good luck.
- Anonymvor 7 Jahren
for title loans the credit check does not matter,
they will accept your application instantly, all you need is
A valid government issued ID.
A clear title for the car you are presenting as collateral.
A steady source of income. You do not have to be employed to receive a Title Loan.
You must be at least 18 years to apply.
- Anonymvor 7 Jahren
Your credit doesn't matter. Your car does. They will loan you about 35-40% of your cars wholesale value and hold your title. If you don't pay, they will take your car.
Its a bad way to borrow money and many people end up losing their cars for far too little.
They are not going to give you top dollar or anything. If you have a car you think is worth $2000, they might give you $350-400.
- Anonymvor 7 Jahren
Title loans are easy to get because if you don't pay you lose your car.
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- Jay PLv 7vor 7 Jahren
Is there a chance? Absolutely!
But without knowing what your score is, what your income is, how long you've been at your current job, how much of a deposit you're putting down on a vehicle, and how much you would like to borrow, no one can give you anymore specific answers.
- FlagMichaelLv 7vor 7 Jahren
Yes (assuming you own the car free and clear) but go in with your eyes open. If you fail to make payments on time you will lose your car forever.
- BillLv 7vor 7 Jahren
If your car is paid off (no liens) you should not have difficulty getting a lien for 50% of value