Once you fall behind in your bills, it can be very difficult to catch up. Each month, you might be choosing which bill to pay. Learn why title loans Mason can be a game changer.
Title loans are based on the usage of your vehicle as collateral. These collateral loans lower the risk so that lenders will have a reason to give you the money. You will exchange your title for a payment of cash. All of the loan terms will be listed in the contract: amount, annual percentage rate (APR), time period and repossession rights.
After you sign on the dotted line, you can use the money any way you want. You can still drive your vehicle to and from work or play. You will make regular payments to pay off the title loan. If you default, then you car can be repossessed to offset the remaining balance.
A new source of capital can help you catch up with your old bills. You can escape the endless treadmill of not having enough at the end of the month. Also, you can avoid the destructive late fee charges.
You can use Mason title loans to pay off an old credit card, purchase a new lawn mower or install a great new swimming pool, anything you want. You might wonder how others are able to pay for their extravagant lifestyles. The answer might be car title loans in Cincinnati.
Some people use the title loans in Ohio to start their own businesses. While traditional banks may be lending to large corporations, they may not be handing out funds to entrepreneurs. You could use your business profits to repay the loan.
Title loan borrowers can regain control of their lives. It feels good to have a wallet full of cash. Here are the reasons why title loans Mason are so popular:
With more money, you have the freedom to do what you want. Our online application process will provide you with a free loan estimate at the earliest convenience. You may be able to renew your loan to extend its time period. Ask your lender if this “rollover” feature is available.
We need your vehicle make, mileage and year to estimate how much to loan you. Also, please enter your name, phone number and zip code, so our loan representative can provide you with your free loan estimate. The application process for title loans Mason is fast and easy.
Ohio Short Term Lender Act
In 2008, the State of Ohio passed the “Short-Term Lender Act” to give the residents more rights with respect to title loans. Car title loan companies are also regulated under the “Credit Services Organization (CSO) Act,” The primary state department overseeing the industry is the Ohio Department of Financial Regulation.
If you need help with legal representation, then you could contact the Ohio Poverty Law Center. Formal complaints against the industry can be raised by contacting the Ohio Attorney General’s Office at 1-(800)-282-0515.
Mason City Things To Do
So get out and leave your troubles behind, by enjoying Kings Island, Soak City, The Racer or the Crypt. Don’t disappoint your family, bring them out to one of these great amusement parks for plenty of good times. Mason title loans can help you enjoy a full life.