Max Cash Title Loans in Bessemer, Alabama

How Does a Title Loan Work?

A title loan operates not too much different from an auto loan. Both are installment loans that use a vehicle’s title as collateral. When you purchase a vehicle, a lien is placed on the title until the car is paid off. Once that happens, you get the title. A title loan is similar, but rather than purchasing a vehicle, you use the equity in a vehicle to get cash. In the same manner, a lien is placed on the title until the loan is paid back.

Lenders determine the amount they will lend someone based on the value of the vehicle along with the borrower’s ability to repay the loan. Lots of places do a credit check as part of the process, however, unlike personal loans, a bad credit score would not normally disqualify someone. 

Why Work with Max Cash Title Loans in Bessemer?

As a brokerage, there are a number of benefits that could come with utilizing Max Cash Title Loans’ services. Among these are:

• Get a fast approval. ¹ With Max Cash Title Loans, the preapproval process takes only moments. In fact, several options allow you to complete the entire process from home!
• Find short-term financing. ⁴ Not only do our lenders offer flexible repayment plans, but typically there are no prepayment penalties attached to these loans. ^{2 3 4} This makes them a viable alternative to payday loans or cash advances, as the loan can be paid off whenever the borrower wants!
• Funds are available through multiple means. ^{1 2} Whether it’s a cash loan or they want direct deposit to their checking account, Max Cash Title Loans helps customers find what they’re looking for. ^{1 2}

Start the Process Today!