If you need one or two thousand dollars in a hurry and don't have that amount to use on a credit card, you're not going to have a lot of options with bad credit or limited income since most banks will not lend to prospective borrowers with both. But banks have long ceased to be the only lending agents besides your family or friends, and one solid alternative is our auto title loans in Lawtey FL. These loans don't have a maximum amount you can borrow though they're dependent on your car's value for how much you'll get. But there are other reasons that our car title loans in Jacksonville may be what you're looking for.
Payday loans are usually closely connected with auto title loans, and if you don't have a vehicle qualifying for an auto equity loan they may be a good option for short-term borrowing. But if a vehicle title loan is an option, there's several reasons vehicle title loans would suit you better than payday loans.1. You usually can borrow more with vehicle title loans
Again, as mentioned earlier how much you can borrow against your vehicle with a title loan will depend on factors like your vehicle's age, mileage and overall condition. But with most average title loans you'll get more funding than with payday loans.2. You have more time to repay vehicle title loans
One reason you borrow less with payday loans is they're very short and meant to be repaid within 2 weeks at the latest, or even sooner if you get paid more frequently. Vehicle title loans in Lawtey FL last for at least a month and sometimes longer, and usually they have recourse options if they can't be fully repaid within that time frame.3. You have a little less strict income requirements on vehicle title loans
Though both payday loans and title loans depend on your income, payday loans do even more so because they are technically unsecured and the lender needs to know the borrower will be able to repay based solely on income. Vehicle title loans need to take income into account to know that the borrower can make payments on them, but they're secured against the borrower's vehicle with the title so they have less income restrictions. Income with vehicle title loans doesn't just have to be employment-related either.
One thing we understand at our auto title loans in Lawtey FL company is that you may consider borrowing money for personal reasons to be something you need kept confidential, so we dont ask you how much you spent, or where you spent your money. When you apply for one of our title loans, we do not require you to state why you need a title loan or what you intend to do with your title loan funds. In addition to not doing any credit checks on you when you apply, we also do not inform any credit bureaus or consumer groups on your spending habits, or notify any employers or family members that you have taken out a title loan. It's just important that you understand when you must repay and what the consequences will be should you default.
You can get started right away applying for our auto title loans in Lawtey FL if you have the right documents on-hand to do so. You can apply on this page or head on over to the home page or apply page. You need to be 18 or older, live in Florida, completely own your vehicle lien-free and prove your income. These documents are acceptable to present:
Fill in the online application first to get your title loan quote, then wait for us to call you and we'll arrange a visiting time at our Lawtey, FL agency. Once you're there, we'll make sure the appropriate paperwork is completed and your funds arrive soon.