How to start my application?
All we need from you to apply for a loan is your contact and vehicle information. Contact information is required, so we have a way to discuss your loan, and vehicle information is needed to determine the value of your vehicle for collateral purposes. Listed below is the required information to apply:
Who We Are?
Pellum Title Solutions helps all kinds of folks to secure loan funds regardless of their credit background. You see, we don’t work like the banks that strictly focus on credit histories and credit scores to determine if you would be a good credit risk. Instead, we rely on secured loans, which encourage people to pay their loans responsibly. Your car is placed as collateral against the loan, and most people will go out of their way to make payments on time rather than risking their main source of transportation. It is a simple concept, which works well for all parties involved in the loan process. You simply repay the original loan amount and a little bit of interest. Loan funds can be used for anything at all, and you’ll get your cash in a day or less.
Here is the checklist
We have very few requirements when it comes to vehicle title loans. However, taking just a few moments to run through this list helps to ensure that you won’t have any problems qualifying for fast cash.
How Our Title Loan Process Works From Start to Finish
Our application really only takes a few minutes to complete, and it doesn’t cost you anything to apply. You also get to speak with a loan representative for free, which is a good way to check out your loan options.
Each applicant will need to complete a loan consultation to learn about our operation and discuss income qualifying. For the most part, if you have any monthly income, you’ll probably qualify. Of course, those with higher incomes usually qualify for more money.
After qualifying, you’ll learn about our repayment options. Be sure to consider your income carefully, so your loan payments won’t overextend your monthly income. The next phase of the loan process is reviewing and signing contracts.
To meet state requirements, each applicant receives a contract, which meets auto title regulations. Basically, contracts confirm loan terms and supply borrowers with a handy reference of what they are paying for the loan and a repayment schedule to assure payments are made on time. Contracts are signed during the close of the loan at a nearby loan center store for your convenience. When all the paperwork has been completed, you may pick up your loan funds.
Helpful Information About Title Loans Shreveport
Each borrower receives a repayment schedule contained in their contract, which specifies the dates the payments are due and the payment amounts.
Loan amounts take into consideration your monthly income to repay the loan and the current market value of your vehicle. We look at your ability to repay the loan.
Banks may take weeks to payout, but Pellum Title Solutions sees that each approved borrower receives their funds within a day of applying.
No, we don’t have any driving restrictions. You are free to use your car for vacations, driving to work, running errands or anywhere you wish to go.