Below are some brief FAQ’s answered by Title Loans Bakersfield:
1. What kinds of loans does your company offer?
Title Loans Bakersfield offers car title loans, which are also known as pink slip loans, title loans, and auto title loans. Car title loans leverage the equity value in your vehicle and use it as collateral so you can take out a loan based on your car’s worth. So if you are the sole owner of your vehicle, we can help you get the loan you need!
2. Does bad credit affect the loan approval?
No, even if you have bad credit or have a poor payment history, you won’t have to worry about being rejected with us. We do not turn you down based solely on your credit report. Instead, we base eligibility on your car’s equity worth. So if you have bad credit but you are the sole owner of a vehicle that carries enough value, you’ll be able to get a loan with us right away!
3. How long does it take to get approved?
Can you imagine if only takes 15 minutes? Here’s the great news, Title Loans Bakersfield is able to approve your loan in just 15 minutes! This not only saves you an enormous amount of energy, but will save you a ton of time, giving you the freedom to go enjoy the rest of your day.
4. How much can I get for my loan?
The quantity you can receive relies on the market value of your car. How much money you are able to borrow against your auto varies in depending on the cost of your vehicle. Different things such as the make, model, year, mileage and also the state of your vehicle makes a difference in its market value. Our loan officers will be able to provide a quick quote on the phone. This quote is available to you free of charge. Go ahead and phone us at (916) 800-7816 to see how much you can get today!
Below are some appraised loan amounts:
|Year||Make||Model||Trim||Typical Loan Amount|
|2009||Audi||A3||2.0 T||$9000 – $10,000|
|2006||GMC||Envoy||SLE||$7000 – $8000|
|2002||Chevrolet||Suburban||C1500 LS 2WD||$4500 – $6500|
|2008||Ford||Fusion||SEL||$7500 – $8500|
5. What is the minimum loan requirement?
The minimum loan requirement for a car title loan in the state of CA is $2,500.
6. Can I still use my vehicle once the title is transferred to you?
Yes, you can still use your car as usual; the only difference is that we own the title to your car. However, once your loan is completely paid off, the lien will be removed from your car and you’ll be able to get your title back once again.
7. What Do I Need to do if I’m Unable to Make a Minimal Repayment?
If you are struggling to make a minimum payment by your deadline, get in touch with us and we’ll work something out for you.
8. How can I switch my deadline?
In case you cannot make a payment by your due time, email or call us and we’ll be able to work something out.
9. Will I get penalized for paying too early?
No! We don’t set up any penalties for paying off your loan! When you end up paying off your loan earlier it will save you more money!
If there are further questions not addressed on this page regarding title loans. Please feel free to contact one of our friendly experts to discuss your unanswered questions.