Title Loans in Latham, Illinois

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No title loan companies in Latham, IL. Consider companies in other cities:

Company nameAddressZip codePhone number
Germantown Trust & Savings Bnk 160 Louis St, Beckemeyer, IL 62219 +1 (618) 227 - 8584
Cash Store 3324 Court St, Pekin, IL 61554 +1 (309) 346 - 2274
Flora Bank & Trust 1478 N Worthey St, Flora, IL 62839 +1 (618) 662 - 4441
America's Financial Choice 1701 N Market St e, Sparta, IL 62286 +1 (618) 443 - 4334
Security Finance 315 S Whittle Ave, Olney, IL 62450 +1 (618) 395 - 6131
Security Finance 1220 Woodlawn Rd Space B4, Lincoln, IL 62656 +1 (217) 735 - 4255
Chicago Title 385 E Ash Ave B, Decatur, IL 62526 +1 (217) 876 - 0757
Cash Store 1302 E Main St Ste C, Robinson, IL 62454 +1 (618) 544 - 5515
America's Financial Choice 101 S Henrietta St, Effingham, IL 62401 +1 (217) 342 - 4000
First Federal Savings & Loan 200 N Morgan St, Shelbyville, IL 62565 +1 (217) 774 - 3322

Title Loan Companies in Nearby Cities

If there are no title loan companies in Latham, IL, you can try to find different companies in big cities nearby. Check out the following pages here: Car Title Loans in Plainfield, IL, Car Title Loans in Quincy, IL, Car Title Loans in Rock Island, IL, Car Title Loans in Rockford, IL, Title Loans in Romeoville, IL, Car Title Loans in Saint Charles, IL, Car Title Loans in Schaumburg, IL and Title Loans in Skokie, IL. 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 Latham, IL.

Title Loans in Latham, Illinois: What You Need to Know

Are you looking for a way to borrow money fast? Title loans can be an option worth exploring for customers in Latham, Illinois. These loans are legal and popular in the state of Illinois, but it’s important to understand how they work before you decide to pursue one.

What are Title Loans?

A title loan is a type of loan that utilizes your vehicle as collateral. As the borrower, you sign over the title of your vehicle to the lender in exchange for a loan. This loan is typically for a short period of time, usually 30 days. You can typically borrow up to 25% to 50% of the vehicle’s value. If you fail to repay the loan, the lender may repossess your vehicle to recoup their costs.

The Benefits of Title Loans

Title loans are popular because they are quick and easy to apply for, and they don’t require a good credit score. You can use the money for whatever you want, and you can get approved for a loan even if you have bad credit.

  • Quick and easy application process
  • Bad credit is okay
  • You can use the money for anything you want

The Risks of Title Loans

While title loans can be a valuable resource for some borrowers, there are several risks to consider:

  • You could lose your car if you can’t pay back the loan
  • Interest rates can be high
  • You could end up getting in debt for longer than you anticipated

With these risks in mind, it’s important to carefully weigh the advantages and disadvantages of a title loan before applying.

Interesting Facts and Statistics About Title Loans in Latham, Illinois

Did you know that the average title loan borrower in Illinois is 44 years old? Or that the average loan amount is $959? Here are a few more interesting facts and statistics:

  • The majority of borrowers are employed full time
  • The average annual income of borrowers is $28,000
  • Most borrowers take out loans to pay for unexpected expenses like medical bills or car repairs

Apply Now

If you’re in need of quick cash and you own a vehicle, a title loan may be a good option for you. At TheGuaranteedLoans, we’re here to help you connect with potential lenders in Latham, Illinois. Our fast and easy online application process can help you get started today.

It’s important to note that we are a connector service, not a direct lender. We strive to assist our customers in finding the right lender for their needs, and we work with a variety of reputable lenders throughout the country.

Don’t wait. Apply now and let us help you find the title loan that’s right for you.

Title Loans Available in Latham, IL By The Following ZIP Codes:

62543

Latham, IL title loan calculator

Frequently Asked Questions About Car Title Loans in Latham, Illinois

Are title loans in Latham, Illinois expensive?

Title loans in Latham, Illinois can be expensive, especially if the borrower is unable to repay the loan on time. Title loans typically carry high interest rates and fees, which can make them more expensive than other types of loans.

Can I get a title loan in Latham, Illinois with bad credit?

It is possible to get a title loan in Latham, Illinois with bad credit, as the loan is secured by the borrower's vehicle. However, borrowers with bad credit may be charged higher interest rates and fees than those with good credit.