Loans for Bankruptcy in CA
If you have recently filed for bankruptcy, you may feel as if your loan options are severely limited. Not true! If you need fast cash, but do not know where to turn, car title loans in CA can help. A car title loan is a loan that someone gets after handing over his or her car title to a lender as collateral.
This borrowing option is based upon vehicle value, so credit history is not a factor in the approval process. Since credit checks are not involved, the approval process is as fast as lightning. You can drive away with cash in as little as 24 hours.
How to get a CA pink slip loan:
- Apply online and review your free quote
- Speak with a title loan expert and finalize the details
- Pick up your cash from a store near you
Auto title loans are a great option for California residents without good credit and people who need a loan as soon as possible. The lack of a credit check means you can be approved for our loans with bad credit. We offer CA bankruptcy Loans as well, because we are mainly concerned with the current market value of your vehicle.
You already use your car to get around town, so why not use it to finance a secure, short term loan? If you have hit a financial snag and filed for bankruptcy, there is no need to panic. Apply for a title loan and get the quick cash you need to cover any type of surprise expense.
No Credit Check Title Loans
Unfortunately, if you try to apply for a loan at a bank or credit union, your credit will be examined under a microscope. The bank wants to make sure you are a qualified candidate before loaning you money. When you use an item of collateral to secure a loan, it doesn't matter what your credit report looks like so there is no credit check for our loans.
Title lenders have something to fall back on if the deal falls through, so your credit bears no weight on your ability to borrow. If you have filed for bankruptcy, the lack of a credit check is welcome news. Loans for people who have filed for bankruptcy are even more important now that it seems as if it is getting harder and harder to maintain a solid credit rating.
It often feels as if one missed payment can cause your score to take a major hit. California residents are complex beings that do not deserve to be judged based on a single measure. You are more than just a number on a page and title lenders understand this line of reasoning.
As long as you own your car free and clear and have the lien-free title in your name, you are already well on your way. Plus, loans for bankruptcy can be obtained without ever getting up from your chair. The entire process can be completed online and you can pick up your funds from a convenient location near you.
Loans for Bankruptcy Have Fair Terms
Loans for bankruptcy always have fair terms, so you will not need to worry about paying through the nose when the time comes to make your monthly payments. Instead, you will be presented with flexible repayment plans and reasonable interest rates. A majority of the car title lenders we work with allow you to take as long as 42 months to pay.
An extended time-line is designed to make your monthly payments more manageable. If you come into some money and want to pay in one lump sum, that is perfectly acceptable - you will never face prepayment penalties.
Loans for bankruptcy also have competitive interest rates, because your title secures the loan. From start to finish, you will enjoy the numerous benefits that come with a secured loan. Since the lender assumes a minimal amount of risk, you can get the money you need without jumping through hoops or fulfilling a laundry list of requirements.
If you have bankruptcy on file, there is no need to assume your loan options are non-existent. Use your free and clear car title to get a quick cash advance and move forward with your life.