The sunshine state is always bustling with activities, and Gainesville is no exception with all the local golf courses, movie theaters, wildlife parks and water activities and sports events featuring the local and very popular Florida Gators. But to really take advantage of all the fun things to do around the city, or even to just take care of regular expenses of living there, you never want to be caught short on cash. Unfortunately you may not have a lot of income to fall back on, or maybe something happened to you that caused a cash shortage. But if there are situations that come up where you need money, we can connect you with low income title loans available in the Gainesville area.
Our services are all about helping people find car title loans that meet their needs, and car title loans work in a very simple way. If you own a vehicle, you can use your title to obtain a loan for it because the title is the means of securing it. Whatever your vehicle is worth, you’ll usually be able to receive a loan for up to half of its amount assuming it’s in good condition. By giving the lender your title, you’ll be able to keep driving your vehicle and storing it at home while your loan is repaid.
You’ll be able to complete your title loan application quicker by filling in the fields in our quote form first, and then moving on to the paperwork that the lender will need. The things you’ll need to know about your vehicle that will determine the loan amount will be the following:
You’ll need to provide your name, email, cell number and zip code to make sure you’re getting an accurate quote and so we can contact you with our lender’s offers for title loans in Gainesville. Once you’ve gotten your quote and heard back from us, you’ll have a time arranged to meet with your lender and have the final paperwork filled out. Your vehicle will also need to be brought to be inspected. During the application process, you’ll be asked to provide a government-issued photo ID, proof of income statements and your vehicle title to verify the following:
So long as you’ve submitted true information about yourself and your vehicle, the laws about title loans in Gainesville shouldn’t have high barriers to getting approved. But there are a few things you should know to make sure you’re getting a legitimate title loan as Florida law dictates.
1. Title loan lenders cannot ever charge an interest rate with an APR of over 30% as stated on the Florida Attorney General website.
2. Title loan lenders must be registered with the Florida Office of Financial Regulation, so you should check with this office by going here to make sure they’re listed.
Probably the biggest question that’s asked about title loans is whether or not your credit will be checked or impact your approval. The answer is no because title loans are open to people with bad credit and are secured by your vehicle title. And we do not ask what you want the title loan for, we only need to make sure you can repay it.