Maintaining a good credit score is one of the most important things you can do for yourself.
So many companies, apartment owners, insurers, banks and others rely on credit checks to decide whether you’ll be approved for a service, a mortgage loan, an apartment or a job and even what rate you’ll be charged.
So paying late on large bills like home insurance, car insurance or property taxes can seriously damage your credit score. To prevent mishaps; some folks take out a short-term loan to pay these types of bills rather than risking late payment charges, interest increases or a lower credit score.
If you are expecting a large bill or simply need cash this month, you can easily apply online whenever you’re ready using your vehicle as collateral.
Our simple repayment plans for title loans in Satellite Beach, FL help to assure that you’ll receive a fair rate and affordable payments. Getting a loan with Easy Choice Lending is simple, quick and a great way to get cash without hassles.
How to Replace a Lost Vehicle Title for Title Loans Satellite Beach, FL
The easiest way to get a duplicate car title is to drive over to the Motor Vehicle Department. You will need to bring along your driver’s license or a state identification card is also acceptable. In some cases, you may be required to present a U.S. passport. Vehicle owners will be required to complete a Certificate of Title form and pay a small processing fee to get a new title.
Choosing Title Loans Satellite Beach Over Payday Loans
On the surface, a payday loan may sound okay if you just need to borrower a small amount of money. However, when used irresponsibly, the borrower can often find themselves in deep financial trouble. For the most part, payday loans must be repaid with the next paycheck. Failing to do so could result in additional fees, more debt and stress. Moreover, payday loans typically charge anywhere from 300 to 900 percent interest, which is extremely high.
On the other hand, car title loans generally allow 30 days to repay the loan, which doesn’t place such a hardship on the borrower. Title loans in Satellite Beach come with competitive interest rates because these loans are secured, so borrowers pay out less money to acquire quick cash.
What Is Collateral?
Collateral is a requirement to obtain a secured loan, which is fairly common in the lending industry. It is most often an item of value, which can be sold in case a borrower fails to pay off a loan.
In our case, title loans in Satellite Beach, FL require a motor vehicle as collateral because we can easily obtain the current market value of the vehicle, and selling a vehicle is relatively simple compared to other types of collateral, which may be more difficult to sell.
Filling out an Application
To apply online for Palm Bay title loans, you’ll need the following information:
- Your full name and a number where we can talk about your loan.
- A mileage estimate with the year of your auto and the model, body style and make.
- No restrictions on driving during the loan repayment period. Drive anywhere you desire.
- Quick cash in 24 hours on title loans in Satellite Beach.
- Neighborhood stores in Satellite Beach where it’s easy to complete your loan business, pick up funds or ask questions.
- Free loan applications, so you have no out-of-pocket expenses.
- Detailed contracts, which specify the rate you’ll be getting, the amount you are borrowing and when the money must be repaid.
No credit checks to apply, quick loan approval and fast cash are three good reasons to consider title loans in Satellite Beach, FL.