Title Loans In Weston, FL

You're in a financial situation and you need cash fast. Whenever there's a shortage of cash and you believe you're not likely to make a month's payment to your landlord or someone else, you're probably told your only two options are to sell personal belongings or borrow money. If you do have a lot of old things you haven't gotten rid of, you can probably sell more than you think and may end up making quite a bit of money. But if that's not an option, then you might be dreading having to try and borrow money especially if you've been told it should either be from a bank or from family and friends. For some people, neither is an option but there is an even better one out there which is using our auto title loans in Weston FL as a way to borrow cash.

Borrow Against Your Vehicle with Weston Title Loans

Yes, it's possible to borrow money using your vehicle without either selling it or giving it up. Our auto title loans in Weston FL have some similarity to pawn shop loans and are even sometimes called title pawns, but unlike the concept of pawn shop loans the collateral you're borrowing against isn't given up. Instead, what you surrender to us is the title of your vehicle which we place a lien on and then give you cash to borrow for a month, but all during that time the vehicle stays in your possession and you can drive it anywhere you want. When you repay the title loan, the lien is removed and your title restored.

Auto title loans are calculated from a percentage of the vehicle's wholesales value of somewhere between 20-30%, though on occasion it may be higher. Generally, the vehicle should be in good condition and not have too many miles on it to qualify for a title loan. However, if your vehicle is not of real high value but you have a monthly income that can meet the repayment requirements, you can usually still get a fairly high amount in a title loan.

Rebuilt Car Titles and Auto Title Loans Weston

So maybe you decided once to buy a rebuilt car that had previously been totaled because this was a cheaper option than buying a regular new or used vehicle. Do auto title loans cover a vehicle with a rebuilt title? Usually the answer will be "no," but there is a chance you could still get a small title loan amount for it if your insurance company has been able to insure it. Vehicles with rebuilt titles have to be inspected very thoroughly because there are so many risks that they won't run without breaking down again, and appraisals have to be carefully. If your title loan agency is pleased with how the car runs, they may grant you a title loan, but it's likely to be much smaller than a title loan for a clean title.

How to Apply For A Title Loan?

Applying for our auto title loans in Weston FL has very little paperwork, but you do need to have a few documents with you to comply with a few state and federal laws. Those documents are the following:

1. Driver's license, passport, permanent resident card or other photo ID showing you're at least 18 or older and a Florida resident, and this photo ID must be government-issued
2. A monthly income document such as a pay stub, bank statement, W2 or other
3. The vehicle title itself in your name and clear

You fill out our online title loan estimate form first so you can find out what your title loan amount might be, but this is not final until after we call you to confirm other details and have you visit our car title loans in Miami store. You'll need to bring those documents to the store as well as your vehicle, but if you've completed the online portion first this trip should be shorter. Once you've passed vehicle inspection and signed your title loan agreements, you should expect your cash very shortly.