Car Title Loans In Tallahassee FL
Car title loans are now available in Tallahassee for applicants who need a short term loan but can't qualify with an unsecured lender. Title loans allow qualified borrowers to access the equity in the vehicle, and the requirements are minimal if you can verify your income and own a vehicle titled in your name. Loan amounts vary and are based on the equity value of your car or truck. As of 2024, they range from $1,000 to $20,000 in Florida, and the more your vehicle is worth, the more you can borrow.
A typical title loan will take about 12 to 48 months to pay back, but your loan amount and repayment terms determine the exact payoff term. Another thing about title loans in Tallahassee is that they can be underwritten and funded quickly if you have all the necessary documents ready. These loans don't require good credit, and most applicants can get fully approved within a few hours!
What Do I Need To Qualify For A Car Title Loan In Tallahassee, FL
Anyone interested in getting a title loan in Tallahassee should first determine whether a secured loan is right for them. Title loans can be really expensive when you factor in the interest charges and they should only be an option if you need cash for an emergency and get approved with a traditional lender.
Once you're ready to get started, you need proof of vehicle ownership and verification of income. A lien-free car title and employment records are the main requirements, and most companies can approve you for a title loan of $1,500 or more with just those documents.
Some companies offering car title loans in Florida also want to verify your identity with a driver's license, see proof of vehicle insurance, and confirm your vehicle registration. While an inspection isn't always required for a collateral loan on a car, it can help speed up the underwriting process and get you a higher loan amount. Title loans with no store visits or inspections come with loan amounts under $3,000, while those who get an inspection can borrow upwards of $20,000 in Tallahassee.
Apply For A Car Title Loan Online Or With A Lender In Tallahassee
Car Title loans in Tallahassee can be applied for and taken out online or over the phone with minimal paperwork. Highway Title Loans works with title loan companies throughout the state, and many of these lenders allow you to send in pictures or video proof of the vehicle. It doesn't matter who or where you apply, as customers with a paid off vehicle can cash out 30% to 60% of their vehicle's value with an auto title loan!
Do you prefer to meet with a local company? Tallahassee has multiple lending locations, and the best companies are often near Florida State University or Betton Hills. Apply with Highway Title Loans to get multiple repayment estimates and loan offers from local companies in the Northern Panhandle!
Fees And Interest Rates With Tallahassee Title Loans
Even though you may live in Tallahassee or the surrounding area, any qualified borrower will still be subject to fees and regulations that apply to all online title loan companies in Florida. Review the Florida Title Loan ACT, as these state laws are updated yearly. Also, check the Financial and Business Regulations for the City of Tallahassee to see any specific city restrictions on how much you can borrow and any repayment restrictions. Interest rates will vary for each loan, but you can expect an APR of well over 50% and the typical late fees if you miss a monthly payment.
Are you looking to reduce the APR on your current title loan? Highway Title loans can now connect you with local lenders in Tallahassee that offer interest rate reductions with a same day refinance. Anyone with an existing car title loan can apply for a refinance to lower the interest rate and get a quicker payoff time.
Apply With Highway Title Loans
Highway Title Loans offers fast pre-approval car title loans in Tallahassee, and anyone with a newer vehicle can qualify. You won't need good credit to qualify and can borrow 60% or more of your car's equity. Complete our online application in less than 10 minutes, or call us at 877-433-5454 to see how much your vehicle is worth.
After you apply, we'll start underwriting the loan details, schedule a brief inspection, and get you on your way to getting a Florida title loan!
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