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How Old Can My Car Be to Get a Title Loan?
By carloansadmin • Feb 26, 2014
Title loan companies are all different. We cannot guarantee you the same process or treatment as we discuss here from another company. With our company, we do our best not to turn down any car in the title loan process. So what does this mean for your old car ? It really depends on the year and model of the car. However, we will work to process the appraisal of your car in such a way to try to maximize the value of the car factored into your estimate, and your title loan.
Cars are important for a lot more reasons than being brand new and flashy. Cars, trucks, motorcycles and other vehicles are how people get around and how they get to work. In the end, how can a title loan business expect their customer to make payments when the title business holds the customer’s only form of transportation?
Vehicles are a key resource for owners and the economy that are often overlooked. Without cars there would not be cheaper suburban housing, centralized mega-stores, or personalized travel options for getting around at greater distances. Without cars, people would need to live much closer to their jobs, and many of today’s modern conveniences would be worthless. Cars have become such a need for our daily routines it is hard to imagine life without them.
When we value your car, all of this is taken into consideration. Our loans factor in the true value of the vehicle in comparison with resale, and the value of the vehicle to our customer. We offer the maximum amount of loan that we can based on based on the car you own and your ability to repay.
On the other hand, there are many customers who come to our business looking for a specific amount of money. Often, their vehicle loan is offered and is far more than they want to receive. In this case, customers can always opt to take less than the full amount.
The information and statements contained on this blog are provided for general informational purposes only. Some statements may reflect the opinion or views of the author only. The information provided is not comprehensive, may not be up to date or applicable to the circumstances of any particular case, and may not be based on objective statistical studies. You should not substitute any advice contained on this blog for any professional advice relating to your personal finances.
More Resources
- Online Car Title Loans
- Apply to Refinance Your Title Loan
- Title Loan Quote
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- Great Title Loans in Georgia
- This is How Title Loans Work
- Get Fast Cash in Utah
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- What is a Pink Slip Loan?
- Get a Title Loan in Sacramento
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- Car Title Loans in Fresno
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- Title or Payday Loan?
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- Can I Improve my Credit with a Loan?
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The post How Old Can My Car Be to Get a Title Loan? appeared first on (EN) 1(800) Car-Title®.
carloansadmin • Feb 26, 2014
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USA Patriot Act Disclosure: Important information about procedures for opening a new account
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you apply for a loan, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver's license or other identifying documents.
Loans may be made by one of several lenders, including: First Electronic Bank, a Utah-chartered industrial bank located in Salt Lake City, Utah, Member FDIC; Wilshire Commercial Capital L.L.C. dba 1 (800) Car-Title and Wilshire Consumer Credit, a licensed lender in certain states. Loans not available in all states. In California, loans are made pursuant to a Department of Business Oversight California Finance Lenders License. See State Disclosures for additional information.
Accessibility Statement. We are committed to ensuring digital accessibility for people with disabilities. We are continually improving the user experience for everyone and applying the relevant accessibility standards in compliance with Web Content Accessibility Guidelines. For feedback on our website accessibility or if you have any problems with the access of our website please call our toll-free number 800-589-0290 or email us at WilshireCustomerCare@WilshireConsumer.com and we will assist you.
Wilshire Commercial Capital, LLC dba 1 (800) Car-Title and Wilshire Consumer Credit is located at 4727 Wilshire Blvd, Suite 100, Los Angeles, CA 90010.
TO REPORT A PROBLEM OR COMPLAINT WITH THIS LENDER, YOU MAY WRITE OR CALL Tracy Bergiman, Director of Compliance, 4751 Wilshire Blvd. Suite 100, Los Angeles, CA 90010, 323-837-5775, tbergiman@westlakefinancial.com.
New Mexico Only: This lender is licensed and regulated by the New Mexico Regulation and Licensing Department, Financial Institutions Division, P.O. Box 25101, 2550 Cerrillos Road, Santa Fe, New Mexico 87504. To report any unresolved problems or complaints, contact the division by telephone at
(505) 476-4885 or visit the website: https://www.rld.nm.gov/financial-institutions/.