What is a Title Loan?

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What is a Title Loan?

Auto title loans are offered by auto title lenders who offer financing options to anyone.  Auto title loans are short term loans offered as advance cash after the borrower pledges his car as collateral against the loan.  The cash given is any amount up to the actual value of the car.

 

Auto title lenders

 

Title lenders typically do not run credit.  They charge a high interest rate to balance out the high risk of the investment.  Not all lenders are created equal, however.  At Ideal Lending, LLC, we strive to be the best title loan company in Boise.  We charge half the interest rate of any other title lender.  Make sure before entering in such a transaction you vet the lender and make sure you can repay the loan on time.

 

By | 2017-04-18T17:25:55+00:00 July 3rd, 2013|FAQ|0 Comments

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