We are currently not offering title loans in Ohio.
When finances are tight, it’s important to know you have a reliable source for financing that does not solely depend on your credit score. Many people today are suffering from the effects of a bad credit score, which can make it difficult to obtain financing from a bank. If this situation sounds familiar, we can help at Bowens Car Title Loans. We do not hold a bad credit score against you. This means that even if you have a bad credit score due to a foreclosure or bankruptcy, or you have no established credit at all, you could receive financing through a convenient title loan.
Not familiar with how a title loan works? With a title loan, you can borrow the money you need to ease a financial emergency by using your vehicle title as security for a loan. All you need to qualify for a title loan is a lien-free vehicle title that is listed in your name and the ability to show that you have a source of regular income you can use for repaying the loan. By applying for title loans Newark residents can get the financial peace of mind they need.
At Bowens Car Title Loans, we know how difficult it can be to make ends meet. It can be even more challenging when you have a sudden expense come up that you do not have the money to pay. We can help with a convenient and fast lending solution. Our number one goal is to provide our valued customers with the best service possible. For your convenience, we are located in Newark. For fast and easy title loans, Newark residents can count on us.
When applying for title loans Newark residents should make sure they are aware of how the lending process works, including relevant legal requirements. We must be able to confirm that you are at least 18 years of age in order to approve you for a title loan. Furthermore, we will not be able to issue a title loan to you unless the vehicle title is free from all liens and is listed in your name. If you still owe a loan on your vehicle, we will not be able to use it as collateral for your loan.
You do not need to be worried that you will need to give up your vehicle because you are using it as security for a loan. We allow you to keep your vehicle and continue using it as long as we receive payments on time. In addition, we try to be as flexible as possible regarding payments. If you experience difficulty in making payments on time, just let us know and we may be able to restructure your loan so that it is easier for you to make your payments. You also have the option to pay off the remainder of your loan at any time you wish. We do not charge any extra fees if you pay off your loan before the loan due date.
You can count on our friendly staff at Bowens Car Title Loans to help you out of a financial jam.
You will need to show that you have some way to make your loan payments, but we do not require you to have a job to be approved for a title loan. Our only requirement is that you have some form of income that is received on a regular and reliable basis. This could include unemployment benefits, Social Security, disability benefits, Workers’ Compensation payments, alimony, child support, or some other form of income.
We are pleased to provide competitive interest rates for our car title loans. This helps to keep payments affordable for you, which we know is important when you are experiencing financial difficulties.
Compared to many other lending solutions, title loans provide a convenient and flexible borrowing option. For instance, while you could borrow money using a payday loan, you would likely need to repay the loan much faster. When you are already having financial problems, being required to pay back a loan within a month can place even more stress on your financial situation. Furthermore, you may be able to borrow more money by using your vehicle as collateral for a title loan than you would be able to borrow with a payday loan.
When applying for title loans Newark residents do not have to worry about having to wait a long time to receive a loan response. If you have applied for a bank loan in the past, you may already be aware of how time-consuming the application process can be. This is because most bank lenders must adhere to strict underwriting guidelines when approving loans. Naturally, this can cause the lending process to take a long time. You could spend days or even weeks waiting only to be told that you are not approved for a loan.
This is not the case when applying for a title loan. We strive to provide fast loan responses. You could receive approval for a title loan within a few minutes and have the money in your bank account within about a day. Since the application process is online, you do not even need to worry about leaving the convenience of your home to apply.
We know what it’s like to need a little extra financial help. When you need a loan and have bad credit, you can rely on us at Bowens Car Title Loans.