Title Loans in Billingsley, Alabama

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No title loan companies in Billingsley, AL. Consider companies in other cities:

Company nameAddressZip codePhone number
Acceptance Loan Company, Inc. 270 W Fort Williams St, Sylacauga, AL 35150
Republic Finance 5880 Trussville Crossings Pkwy Ste 112, Birmingham, AL 35235 +1 (205) 655 - 7629
Cash Mart 613 Old U.S. 78, Jasper, AL 35501
Regional Finance 4405 N College Ave c, Jackson, AL 36545
Advance America 2619 W Meighan Blvd, Gadsden, AL 35904
Title Cash 5232 Atlanta Hwy, Montgomery, AL 36109 +1 (334) 273 - 7964
Advance America 3893 Eastern Blvd Ste. 200, Montgomery, AL 36116
Haleyville Loan Co 901 19th St, Haleyville, AL 35565 +1 (205) 486 - 7429
TitleMax Title Loans 606 2nd Ave E, Oneonta, AL 35121 +1 (205) 520 - 0146
Covington Credit 1100 Rucker Blvd, Enterprise, AL 36330

Title Loan Companies in Nearby Cities

If there are no title loan companies in Billingsley, AL, you can try to find different companies in big cities nearby. Check out the following pages here: Title Loans in Mountain Brook, AL, Car Title Loans in Northport, AL, Car Title Loans in Opelika, AL, Car Title Loans in Oxford, AL, Title Loans in Pelham, AL, Title Loans in Pell City, AL, Title Loans in Phenix City, AL and Car Title Loans in Prattville, AL. But also, you can apply for a loan online, not coming out of your home. Just fill out a simple application on our website and we will connect you with trusted direct lenders in Billingsley, AL.

Title loans in Billingsley: An Overview

If you’re in need of quick cash in Billingsley, Alabama, title loans may be a viable option for you. A title loan is a short-term loan that allows borrowers to use their vehicle as collateral. These loans are legal and popular in Alabama, however, it’s important to understand the process before applying.

How do Title Loans Work in Billingsley?

To obtain a title loan, a borrower must own a vehicle outright. The lender will assess the value of the vehicle and offer a loan amount based on a percentage of that value. The borrower will then need to provide the title of the vehicle to the lender, who will hold onto it until the loan is repaid.

Interest Rates and Fees

Title loans in Billingsley, Alabama are subject to interest rates and fees that can become quite high if the borrower doesn’t repay on time. In Alabama, lenders can charge up to 25% per month on title loans. Additionally, there may be fees for late payments or early repayment.

Repayment

Title loans are typically short-term loans, with repayment periods ranging from 30 days to a few months. If the borrower is unable to repay the loan, the lender can repossess the vehicle and sell it to recoup the loan amount.

Apply Now

Applying for a title loan can be done quickly and easily through our website. We at TheGuaranteedLoans offer a secure and simple online application process, through which we connect you with potential lenders who may offer you a title loan in Billingsley.

It’s important to note that we at TheGuaranteedLoans are a connector service, not a direct lender. We do not make credit decisions or offer loans ourselves. Instead, we work to connect borrowers with potential lenders who may be able to offer them a loan.

Interesting Facts and Statistics

  • Alabama is one of 20 states that allows title loans.
  • According to the Alabama State Banking Department, over 140,000 title loans were taken out in the state in 2020.
  • The average title loan amount in Alabama is $951, with an average interest rate of 25%.
  • Studies have shown that title loans can lead to a cycle of debt for borrowers, with high interest rates and fees making it difficult to repay.

Conclusion

Title loans can be a viable option for quick cash, particularly in Billingsley, Alabama where they are legal and popular. However, it’s important to understand the process and risks before applying. Interest rates and fees can be high, and failure to repay can result in repossession of your vehicle. If you’re considering a title loan, be sure to review the terms and ask questions before signing any agreements.

Apply now through TheGuaranteedLoans for a simple and secure online application process. Remember, we are a connector service and will work to connect you with potential lenders who may be able to offer a title loan in Billingsley.

Title Loans Available in Billingsley, AL By The Following ZIP Codes:

36006

Billingsley, AL title loan calculator

Frequently Asked Questions About Car Title Loans in Billingsley, Alabama

Can I get a title loan if I'm not a resident of Alabama?

In most cases, you must be a resident of Alabama in order to qualify for a title loan in the state. However, some lenders may offer loans to non-residents if they have a valid ID and can provide proof of income.

Is there a limit on the number of title loans I can have in Billingsley, Alabama?

There is no limit on the number of title loans you can have in Billingsley, Alabama. However, having multiple loans can increase your risk of default, so it's important to carefully consider your borrowing needs and to only borrow what you can afford to repay.