Smaller loan amounts may be harder for you to apply for especially if you lack the credit needed to secure them. Title loan lenders in Newark are happy to help you with how ever much financial assistance you need. These loans use your vehicle title in exchange for an easy to pay and customized loan for you. That is one of the perks of applying for a title loan instead of a bank loan, our process does not affect your credit report. Use it to pay any of your bills to keep your credit in good standing!
You know you have a clear title when the vehicle you own is paid off entirely. To receive a copy of your title, or transfer it to your name and/or state that you are in now visit your Newark BMV:
Address: 875 E Main St, Newark, OH 43055
Phone: (740) 345-0066
If you are new to the state of Ohio you may also transfer your vehicle title by following these guidelines.
For your convenience, we provide you with an online application for free. Your vehicle model, mileage, year, and make. Also provide us with a phone number we can reach you at, so we one of our helpful loan agents can tell you about how title loans work, as well as explain to you the guidelines that you must follow. We will also be able to provide you with a title loan location in your area that is more easily accessible to you! Please bring these things to the title loan site:
To ensure fair practices, you must bring the vehicle under the title. Bringing this vehicle will allow the lender to inspect it and re-evaluate the loan amount you were given online. It may decrease depending on the vehicle condition. You will not have to leave the car there, as the name suggests, we only hold onto the vehicle title for security. You will be able to drive off with the cash assistance you need in that same vehicle.
You may be allowed a loan amount larger than the sum of what you need, however, we encourage our borrowers to only borrow what they need. Borrowing too much can make it harder for you to pay the loan back, and further your debt problems. Inability to pay back the loan can also lead to vehicle repossession. You may speak to your title loan lender about their policies. In addition, with no early payment penalties, we urge you to take advantage of that and pay the loan off as soon as you can. If you do not want to continue with the process you can cancel at any time before you are handed the cash. If you have taken the money and still want to cancel, you have the next 24 hours to return the money in full to cancel the contract.
If you are unemployed in the state of Ohio but are receiving some form of government financial assistance, you can use that instead of a pay stub. You may also use a bank statement to prove you are receiving a steady source of financial income through other reliable means. For example, if you do freelance work, or other labor/services regularly, you can provide a bank statement or receipt showing that you are making money as an independent employee.
The state of Ohio have laws in place that regulates title loans, classified as short-term lenders under Chapter 1321: Small loans.