CAR TITLE LOANS IN SACRAMENTO

How does a title loan from Hyperlend work - What's required in Sacramento?

Maybe you are struggling to get out of a financial emergency or dealing with a bill that needs to be paid. In that case, car title loans are an ideal way to get cash straight to your checking account. Many of our customers have poor credit, which will not stop you from getting a Sacramento title loan.  A car title loan uses your vehicle as collateral, guaranteeing your loan amount and repayment terms. The vehicle must be titled in your name and paid off with no other cosigners or lienholders. You must sign over the pink slip before picking up your cash!

The requirements for a car title loan in Sacramento are simple for anyone with a paid-off vehicle titled in their name. Besides the car's title, we also need proof of income, which can be from employment verification, bank statements, or other income documents. We must verify your personal information with a DMV driver's license or state-issued ID. Other requirements include active vehicle registration in California, proof of insurance, and there's a decent chance you'll need to bring in the vehicle for inspection. There are several inspection locations in Sacramento, and many of these places can inspect your car in less than 45 minutes. Plan on providing your VIN and current mileage during the inspection, and you may be able to sign the lending documents on that visit.

Bad Credit Title Loans in Sacramento - Are they possible

Title loans are possible for anyone with bad credit because your FICO score does not factor into your approval. Instead of looking at your credit history, we look at what type of collateral you have to back up the loan. The bottom line is don't worry about a FICO score that's under 600 if you have a car that's titled in your name and valued at $6,000 or more. Yes, we may still check your credit to verify your personal information and look for any bankruptcies, but even in that scenario, you may still get approved at a lower loan amount. Apply online with Hyperlend or call 800-971-3022 to get a bad credit title loan in Sacramento.

What are the loan amounts for a title loan in Sacramento?

Customers in Sacramento can borrow $2,500 or more, depending on how much equity they have in their car. To determine the title loan value of your vehicle in Sacramento, we'll need to know the year, make, and model of your car and the current mileage. With that, we can get you pre-approved with a quote that breaks down your loan amount, payment terms, and estimated interest rate. As of 2024, loan amounts in Sacramento range from $2,500 to $25,000 for some newer vehicles. 

What to know about Sacramento title loans from Hyperlend

Once approved, your lender will become the lienholder on your car's title. That means the vehicle is still yours to drive around, but there's a chance your car can be repossessed because of lack of payment. Don't get yourself into this situation, and contact your lender if there's ever a scenario where you may fall behind or default on a title loan. Another thing to remember with title loans in Sacramento is that these are secured loans and should only be used when you can't get a loan from a bank or unsecured lender. Car title loans have high interest rates and can be tricky to repay if you borrow more than you need.  Are you ready to see if you qualify for an emergency title loan in Sacramento? Call Hyperlend at 800-971-3022 today to see what type of interest rate you can expect with a title loan!