Like millions of Americans, you may not be confident with your credit, but you still need to acquire a title loan. Even if you have bad credit, Illinois residents may still have options for a loan.
Residents of Peoria, Illinois can still apply and qualify for a ChoiceCash Title Loan despite bad credit1!
What is a ChoiceCash Title Loan in Peoria, Illinois?
A ChoiceCash Title Loan is simply a loan that is secured by using your car title as collateral. After you fully pay off the amount of the loan, the car title is returned to you. One of the advantages of ChoiceCash Title Loans is the ability to keep driving during the timely repayment process of your loan.
Another advantage of choosing ChoiceCash Title Loans is the flexibility, as well as the extended loan terms that offer borrowers ease. As a result of using collateral to secure the loan, ChoiceCash Title Loans can operate and function slightly differently than a traditional bank loan.
ChoiceCash Title Loans may be faster to acquire and can be more flexible in terms of loan terms, interest amounts, and money borrowed1! Some eligible residents in Peoria, Illinois, were approved in less than thirty minutes!
How Can I Obtain a ChoiceCash Title Loan in Illinois with Bad Credit?
Even if you are dealing with bad credit, there may still be loan options available through ChoiceCash Title Loans1. By using your title loan as collateral, your credit score is not the main qualifying factor for title loan approval. While credit history is considered, the value of your vehicle and your ability to repay are more important.
To apply for a ChoiceCash Title Loan, there are a few initial requirements that should be met, such as:
- Be 18 years of age or older
- Have steady income
- Own a vehicle in your name
After meeting these initial requirements, you’re well on your way to starting the inquiry process.
What Documents Are Needed to Apply for a Title Loan in Illinois?
When applying for a ChoiceCash Title Loan, you will need to provide a few documents to obtain approval.
To qualify for a ChoiceCash Title Loan, you will need:
- A valid government issued photo ID
- Proof of income (a bank statement, paystub, checking account statement, etc.)
- Proof of residency (recent mail with your legal name)
- Qualifying title to your vehicle with your name on it
With these initial requirements and documents meant, there is a final step in the approval process. One of the many benefits of choosing ChoiceCash Title Loans, besides the flexible eligibility requirements, is that you can submit the requested documents online or through your smartphone! This can be a huge convenience instead of waiting in line at a bank to potentially get approved.
A vehicle inspection is needed, but it can ensure you receive the best value for your vehicle. The inspection will consist of pictures and details like the make, model, style, year, and mileage. The vehicle inspection is one factor that will determine the value of your title loan1.
Why Choose ChoiceCash Title Loans in Peoria, Illinois?
Even if you have bad credit, there may still be loan options and benefits available to you through ChoiceCash Title Loans in Peoria, Illinois1.
ChoiceCash Title Loans offers a great alternative to traditional bank loans through several benefits, such as:
- Apply Online
One of the benefits of choosing ChoiceCash Title Loans is the ability to apply online right on your smartphone! This can be a huge benefit if you are busy and constantly on the go.
- Keep Driving Your Car
Even though ChoiceCash Title Loans holds onto your car title as collateral, you can still drive your car while making your scheduled monthly payments!
- More Time to Pay
Borrowers can take up to three long years to repay their loan3!
- Payments Are Affordable
With a ChoiceCash Title Loan, your monthly payments start low, and could get lower throughout the repayment process2. This can be an additional benefit to those trying to keep more money in their pocket!
Get the Funding that You Need in Peoria, Illinois
Even if your credit is not something you are confident about, you can still potentially get the fast cash and funding you need in Peoria, Illinois with ChoiceCash Title Loans1.
There’s no time to waste when you apply for a ChoiceCash Title Loan, so go ahead and see if you qualify by calling (855) 742-7153 or applying online today.