If you’re a local to Champaign, Illinois and you’re looking for a title loan, but your vehicle is a little older, know that ChoiceCash Title Loans, serviced by LoanMart, have a lot of flexible options available. These flexible options could mean acquiring the right terms for your financial situation when applying for a loan1.
What is a ChoiceCash Title Loan in Illinois?
A ChoiceCash Title Loan is a loan that is secured by using your vehicle title as collateral. Once the vehicle title is paid off, the title is returned to you. Although, one of the advantages of ChoiceCash Title Loans is that you may continue to drive your car during the repayment process.
As a result of using collateral to secure the loan, ChoiceCash Title Loans are slightly different than a traditional bank loan. The inquiry and approval processes are much faster to get and can be more flexible in terms of loan terms, interest amounts, and money borrowed! Some eligible residents in Champaign, Illinois, were approved in less than thirty minutes!
How Can I Get a Title Loan with an Older Car in Champaign, Illinois?
If you have an older car, and are looking to find a title loan, there may still be options available. An older car is generally considered one that is ten years or older. Even if you have an older car, you could potentially still be approved with ChoiceCash Title Loans1. One step of the approval process is an inspection of the vehicle, which will determine the true equity by the make, model, year, and mileage.
This inspection can ensure you receive an appropriate title loan value based on the vehicle’s equity1.
Can I Qualify for a ChoiceCash Title Loan with an Older Car in Champaign, Illinois?
Qualifying for a ChoiceCash Title Loan in Champaign, Illinois can be easy, even if you have an older vehicle1.
The initial requirements will vary from state to state, but residents of Illinois will need to:
- Be 18 years of age or older
- Own a vehicle in your name
- Have a steady income
With these initial requirements met, know that there are further requirements in the approval process to be mindful of.
When applying with ChoiceCash Title Loans for funding, certain documents will be required, such as:
- A valid government or state issued photo ID
- Proof of income (a bank statement, pay stub, checking account statement, etc.)
- Proof of residency (utility bill or recent mail to your address)
- Qualifying car title with your name on it
With these documents available, the approval process is potentially easier, and you may be well on your way to getting the loan that you need, even if your vehicle is older1.
Why Choose ChoiceCash Title Loans in Champaign, Illinois?
If you’re looking to get a title loan with an older car, ChoiceCash Title Loans could potentially find the right loan for your financial situation1. By using ChoiceCash Title Loans, you may potentially have access to their flexible loan options, as well as their excellent customer service.
Apply Online at Any Time
Skip waiting for hours in line at the bank by utilizing ChoiceCash Title Loans’ convenient online inquiry form. Submit all your documents and photos online through your smartphone!
Even though ChoiceCash Title Loans holds onto the car title, you may continue driving your vehicle during the repayment process. There’s no need to rely on Uber or your friends to get around!
Don’t Stress with More Time to Pay
ChoiceCash Title Loans offer extended loan terms, meaning you could take up to three years to repay the loan3. Don’t feel stressed by short repayment terms!
Get Your Approved Money Faster
With ChoiceCash Title Loans, the approval process can be a lot faster than traditional secured loans. If you need cash now, ChoiceCash Title Loans could give you your approved funding in as little as 24 hours in Champaign, Illinois1!
Ability to Seek More Funding
If you find that you’re in need of more cash during the repayment process, you may not need to pay off the principle balance first to apply for more emergency cash1. With ChoiceCash Title Loans, you may be able to get the cash you need when you need it.
Payments Start Low, and May Get Lower2
If you’re qualified for a ChoiceCash Title Loan, your monthly payments may start low, and have the potential to get lower during the repayment process2. This can be an additional benefit to those trying to ease their financial situation while also keeping more money in their pocket!
By the time you make your final title loan payment, you could potentially be paying half of your first payment2.
Get the Funding You Need, When You Need It
If you need fast cash with flexible loan options, ChoiceCash Title Loans has some of the best options available for residents in Champaign, Illinois1. Don’t hesitate–you may be able to get the money that you need, when you need it.
You can apply online or contact ChoiceCash Title Loans great customer service at (855) 277-4847.