When you have an urgent need for cash, motorcycle title loan is the answer at 1st Capital there is never any red tape or hassles when applying. A car title loan is a short term loan secured against your automobile. We offer you a convenient and secure way to borrow funds against the equity in your vehicle.
What is a Car Title Loan or Motorcycle Loan?
A car title loan, or simply title loan, motorcycle loan, motorcycle title loans, title loans, car title loans is a loan where the borrower provides their car title as collateral for a loan. These loans are typically short-term, the lender typically does not check credit and that the only consideration for the loan is the value and condition of the vehicle.
Procedure of Motor Cycle Title Loans:
We offer car title loans in Charlotte, Raleigh, Greensboro, and the Wilmington area. All loan applicants must be at least 18 years of age and have sufficient income left after you pay all your bills. You can borrow $7500 or more in less than an hour using your Car and Motor Cycle as collateral. And again, you keep driving your car!
You must come to our offices in South Carolina to obtain a loan. The interest on the loan may vary depending upon the timing of the payments made. There is no prepayment penalty. This means that you can pay off your loan at any time without penalty, and you will only be charged interest during the time that you have an outstanding balance. However, we do charge a $15 Lien fee that is forwarded to the Department of Motor Vehicles to record a lien on your title.
Most title loans can be acquired in 15 minutes or less on loan amounts as little as $650. In addition to verifying the borrower’s collateral, many lenders verify that the borrower is employed or has some other source of regular income. The lenders do not generally consider the borrower’s credit score. The loan is secured by the title to the vehicle.
That’s all the simplest procedure to get loan from us. If you have any query during this simplest procedure you might contact with our team member who always there for your help.