Title loans can be an ideal financial solution if you wish to borrow money for a short period of time. However, most people know little about them or how they really work. For instance, many folks assume they are just as difficult to qualify for as traditional loans. That is just not the case. Lots of people that have been turned down for traditional loans easily qualify for title loans in Eastern Ohio. So, if you don’t have a good credit rating or you haven’t yet established a credit history it doesn’t matter. Credit isn’t a consideration for loan approval. At East Ohio Lending, we also approve several types of flexible incomes, which make it easier to qualify. If you’ve been considering a title loan, as an option for quick cash, you should learn a bit more about the benefits and how title loans really work.
East Ohio Lending welcomes everyone to apply for title loans. We work with folks from all income levels and professions. Whether you are a cashier, self-employed, landscaper, contractor, office worker or even retired, we can usually get you approved for a title loan to help your financial situation.
We have made the application process as quick and simple as possible. To apply, we ask applicants to fill out our short online application form with their personal information and some vehicle info such as:
We understand what it is like to be in dire straits for cash, and we really do go out of our way to see that everyone can qualify. For example, we have granted loans to unemployed folks and usually have no problem qualifying those who are receiving retirement income.
We accept numerous types of income to make qualifying easier for everyone. These are just a few examples of the types of income that may be used to qualify applicants:
You could possibly receive a loan amount for title loans Steubenville for as little as a few hundred dollars or several thousand, depending upon the value of your auto. We determine the loan amount based on the value of your car and your ability to repay the loan.
Loan payouts with East Ohio Lending are top priority. Most payouts are received by borrowers in just a day or less.
You certainly can get a customized payment plan designed just for your financial needs. We know one or two payment plans don’t work for everyone, and we want to make sure you get a flexible plan that works for you.
You are free to drive your auto as much as you like during the loan period. Keep making your payments on time and you shouldn’t have any problems.
We don’t operate like banks that require you to list a purpose for the loan when applying. You may do anything you want to with your loan funds
Our online applications are short, to the point and simple to fill out.
East Ohio Lending understands how stressful it can be to apply for a loan and wondering if you’ll be approved. Therefore, right after you apply, you will receive a fast loan estimate.
Immediately after submitting your application, a loan representative will be contacting you over the phone. The rep’s job is to explain our loan process and answer any questions you may have about the loan, payments and qualifying.
You’ll be working together to find an affordable payment plan. It is very important that you find a payment amount that you can afford and still have enough money to be able to cover your other basic living expenses.
To meet state regulations for title loans Steubenville, you’ll be required to agree to the terms of the loan by signing a contract. Specific state regulations require lenders to include the most important aspects of your loan in the contract. Borrowers should take note of the length of the loan and their payment amounts. Your contract will also include a payment schedule, the interest rate and any fees.
If you have any questions whatsoever, now is the time to ask them before signing the contract.
The closing will take place in our convenient Steubenville lending office where you’ll turn over the car title. You’ll receive your loan funds at the same time and are free to spend the money on anything.
Title loans in Eastern Ohio, offered by East Ohio Lending, provide a number of benefits and aren’t that difficult to get.