Title Loans in Hawi, Hawaii

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No title loan companies in Hawi, HI. Consider companies in other cities:

Company nameAddressZip codePhone number
Money Mart 719 Kamehameha Hwy Ste A101, Pearl City, HI 96782 +1 (808) 455 - 3500
Navy Federal Credit Union - ATM 810 Willamette St Bldg 1786, Pearl Harbor, HI 96860 +1 (888) 842 - 6328
First Hawaiian Bank Kukui Grove Branch 3, 2600 Kaumualii Hwy Ste 1650, Lihue, HI 96766 +1 (808) 245 - 6394
Easy Cash Solutions 64-1032 Mamalahoa Hwy #101, Waimea, HI 96743
First American Title Company, Inc. 1437 Kilauea Ave Suite 202, Hilo, HI 96720 +1 (808) 961 - 3775
Bank of Hawaii 2470 S King St Suite 101, Honolulu, HI 96826 +1 (808) 973 - 4460
First Hawaiian Bank Lihue Branch 4423 Rice St, Lihue, HI 96766 +1 (808) 245 - 4024
CU Hawaii Federal Credit Union 75-5781 Kuakini Hwy, Kailua-Kona, HI 96740 +1 (808) 933 - 6700
Payday Loans & Check Cashing 80 Pauahi St STE 102, Hilo, HI 96720 +1 (808) 935 - 2274
Gather Federal Credit Union 985 Kipuni Way, Kapaa, HI 96746 +1 (808) 245 - 6791

Title Loan Companies in Nearby Cities

If there are no title loan companies in Hawi, HI, you can try to find different companies in big cities nearby. Check out the following pages here: Car Title Loans in Hilo, HI, Title Loans in Honolulu, HI, Car Title Loans in Kahului, HI, Car Title Loans in Kaneohe, HI, Title Loans in Pearl City, HI and Car Title Loans in Waipahu, HI. 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 Hawi, HI.

Title Loans in Hawi, Hawaii: What You Need to Know

Title loans are a popular option for individuals who need quick cash. However, in Hawaii, title loans are not as popular as they are in other states due to state regulations and limitations on interest rates. In this article, we will discuss title loans in Hawi, Hawaii and what you need to know before considering this type of loan.

What is a Title Loan?

A title loan is a type of secured loan that uses the borrower’s vehicle as collateral. The lender will keep the title of the borrower’s vehicle until the loan is paid off. If the borrower fails to repay the loan, the lender may repossess the vehicle and sell it to recover their losses.

How do Title Loans Work?

To obtain a title loan, the borrower must have a clear title to their vehicle, which means there cannot be any liens or outstanding loans on the vehicle. The lender will appraise the value of the vehicle and offer the borrower a loan that is a percentage of that value. The borrower must agree to the loan terms, including the interest rate, repayment period, and any fees associated with the loan.

Title Loans in Hawi, Hawaii

Title loans are legal in Hawaii; however, the state has strict regulations in place to protect borrowers from high-interest rates and fees. Hawaii law limits interest rates on title loans to 24% per year, and lenders cannot charge any other fees or charges. Furthermore, title lenders in Hawaii must be licensed and registered with the state.

Alternatives to Title Loans in Hawi, Hawaii

Due to the limitations on interest rates in Hawaii, there are alternative options for individuals who need quick cash. One option is to consider a personal loan from a bank or credit union. These loans typically have better terms and lower interest rates than title loans. Another option is to sell items you no longer need or use to generate extra cash.

Interesting Facts and Statistics

  • In Hawaii, the average title loan amount is $2,000.
  • The average interest rate for title loans in Hawaii is 24% per year.
  • In 2019, there were only 19 licensed title lenders in Hawaii.

TheGuaranteedLoans: Connecting You with Potential Lenders

At TheGuaranteedLoans, we offer a connector service that connects borrowers with potential lenders. We are not a direct lender, but we facilitate the connection between borrowers and lenders. To apply for a title loan or other type of loan, simply fill out our online application. We work with a network of lenders who will review your application and determine if you are eligible for a loan. If you are matched with a lender, they will provide you with the loan terms and conditions.

Remember, before taking out a title loan or any type of loan, it’s important to understand the terms and conditions of the loan. Read the fine print and make sure you understand the interest rate, repayment period, and any fees associated with the loan. Borrow only what you can afford to repay, and explore alternative options before considering a title loan.

Conclusion

In conclusion, title loans are an option for individuals who need quick cash, but remember that in Hawaii, there are limitations on interest rates and fees. Before taking out a title loan, consider alternative options and make sure you understand the terms and conditions of the loan. At TheGuaranteedLoans, we are here to help connect you with potential lenders, but we encourage you to borrow responsibly and make informed decisions.

Apply now for a title loan or other type of loan at TheGuaranteedLoans and get connected with a potential lender today!

Beautiful sights of Hawi, HI

Title Loans Available in Hawi, HI By The Following ZIP Codes:

96719

Hawi, HI title loan calculator

Frequently Asked Questions About Car Title Loans in Hawi, Hawaii

Can I keep my vehicle while I have a title loan in Hawi, Hawaii?

Yes, borrowers are typically able to keep their vehicle while they have a title loan in Hawi, Hawaii. However, the lender may place a lien on the vehicle title until the loan is repaid.

What happens if I default on a title loan in Hawi, Hawaii?

If a borrower defaults on a title loan in Hawi, Hawaii, the lender may repossess the vehicle and sell it to recover the loan amount.

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