Car Title Loans in San BernardinoCar title Loan FAQServing Highland, Redlands, Yucaipa, Loma Linda, Colton, Grand Terrace, Rialto, and Fontana... How much money can I borrow?$2,600 is the smallest loan.We will approve you from this figure up to $30,000 based on your cars value. How is the interest rate handled?First, it is monthly. If your loan is smaller than $5000, the rate is 8% and if it above that it is 7.5% There is no prepayment penalty if you pay this loans off early and we loan for 2-3 years on a typical note. Can I use an older car?We are not so much concerned about the year of the car as the cars current worth. Some very old cars go for a large amount of money. Again you should know we are giving you a loan on the value of the car. We are not buying it from you. So whatever it is worth, we only loan you a portion of the value, not the full value. We usually only accept 2000 or newer. Do I have to have good credit?We are more concerned about the vehicle you are using than your credit. We know that people do not have great credit but they may have a good car! Do I need a co-signer if I have bad credit?No. Again, it is all about the car and not you. Of course, the person who's name appears on the title is the person who gets the money. |
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