Keep your car ~ Apply online
It’s always stressful when you have urgent expenses to pay off but you don’t have the money to do so, and if you wait around, you could rack up late fees or have important services shut off. That’s why people from all over the city have used title loans Pine Bluff to get the financial boosts they needed. Approval rates are extremely high, and the application process is as fast as it gets, so with a vehicle title loan in Pine Bluff, you can get the money you need today.
At Logan Car Title Loans, we wanted to simplify the application process even more for our customers. We did just that by setting up a streamlined online application for car title loans in Pine Bluff. You’ll find the application form right here on our site, and it takes only seconds to fill it out and submit it to us. Just head over to the form and start by punching in the following information about the car that you’ll use as collateral on this loan:
After that, finish the form by entering the following contact information:
Once you click Submit, we can pre approve you for a title loan and calculate your free car title loan estimate, which we determine using your car’s current market value. We’ll also tell one of our Logan Car Title Loans representatives to contact you and answer any title loan questions that you have.
If you haven’t gotten a title loan before, you might be wondering what you’ll need to bring with you to obtain your loan. We’ll need to see your government-issued ID to check your date of birth, because federal law stipulates that any title loan applicant must be at least 18 years of age. We also need to hold on to your car title over the repayment period of your title loan. You get the title back as soon as you pay the balance on your loan.
One common source of frustration among people looking for title loans Pine Bluff is clicking on a listing, only to find that the title loan company is out in some other city that’s a long drive away. You won’t need to worry about that when you choose Logan Car Title Loans, because our office is right here in Pine Bluff. Whether you decide to drive over on surface streets or the freeways, it doesn’t take long to reach us, and there’s no shortage of parking options near our office.
A Logan Car Title Loans representative will assist you via the phone after you submit your online application. The representative will answer your questions and find the best rate and repayment options. After the loan agreement is signed you give us your car title and we pay you the title loan.
It’s smart to know exactly how title loans work before you apply for one. The federal government hasn’t put too much legislation in the books regarding title loans, instead allowing each state to set its own regulations, which means that those regulations can vary significantly from state to state. Arkansas’ title loan regulations cover title loans Pine Bluff.
Your title loan is a secured loan, and it’s secured because it has a form of collateral attached, which in this case is your car. The lender doesn’t keep your car during the term of the loan, though, so you don’t need to worry about finding alternative forms of transportation. You have your car the entire time and the lender just has your car title. Because the title loan has collateral on it, you can expect a lower interest rate than you’d get through an unsecured loan, such as a payday loan.
Your car’s current market value determines both your approval for a title loan and the amount that you’re approved to borrow, which means your credit doesn’t play a part. So, it doesn’t matter if you have a bad credit score or no credit history at all.
Arkansas limits title loan interest rates to 17 percent per year, which is among the lowest in the nation. The term can be anywhere from six to 31 days, with the standard term length being 30 days. If you don’t have the money to pay off your loan at the end of the term, you can extend it for another term by paying just the interest. You then start a new term with the same loan principal and another interest charge.
If you fail to make a payment on your title loan, that gives the lender the legal authority to repossess your car and then sell it to recoup what you owe. Keep in mind that lenders don’t want to repossess anyone’s car. The repossession process can be very inconvenient and time-consuming, so your lender would much rather you make a payment. This is why it’s smart to communicate with your lender if you’re having any sort of payment issues. Here at Logan Car Title Loans, we pride ourselves on finding payment resolutions for customers in need. Contact us and we’ll see what we can do. It’s likely that we can roll over the loan so you have a much lower payment this month, buying you more time to come up with the full amount.