Life has a way of throwing you financial curveballs unexpectedly. The question then becomes, how does one deal with a financial emergency? Title loans in Miami Shores help in a financial crisis by helping consumers pull cash out of their cars. We’re not talking about change that falls between the seats. The car, or other type of vehicle, has value. Depending on its age and condition, it could be worth a few thousand or many, many thousands of dollars. When a car owner uses the equity in their vehicle as collateral, they can get a title loan.
Applicants for title loans in Miami Shores need to be at least 18 years old. The vehicle they use as collateral must be paid off and free of liens, and they must be listed on the registration as the car’s owner. Applicants must have a source of income. If they don’t have a job, they can use money from alimony, social security or unemployment and disability benefits.
All we need to give you an initial loan quote is your name, address and phone number. Make sure it’s a working number because we need to call you to work out loan details. We also need to know about your car, such as the make, model and how many miles it has. When you talk to our agent, you will discuss your vehicle. A closer look at is condition is needed to finalize the exact loan amount. Needless to say, two cars with the same make and model may not have the same value. One may have upgrades that result in a higher loan offer. Once the loan offer is made, you and the agent can set up a repayment plan, and you can provide details about your income. All applicants need to have a way to pay back their title loan. After all the details are worked out, you turn in the title, and our agent turns over your money.