Title Loans in Sheffield, Illinois

All Credits Welcome!

If you have a bad credit score, then don’t worry – it’s not an issue for us!

TGL Loan Services

You can get your money fast after filling out the simple form on the "Get Started" page! Lenders cannot guarantee the approval, but they could approve your loans, even if you are unemployed, receiving government benefits.

Fast Money In Your Bank

You can get your money within hours after filling out the form! We work 24/7 for you!

  • This form is protected with secure 256-bit SSL encryption
  • By clicking “Get Started”, I consent and agree to the Privacy Policy and Terms of Use.

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

Company nameAddressZip codePhone number
TCF Bank 9424 S Pulaski Rd, Oak Lawn, IL 60453 +1 (800) 823 - 2265
Heartland Bank and Trust Company 100 E Dakota St, Spring Valley, IL 61362 +1 (815) 664 - 2321
Security Finance 1340 IL-1 Suite A, Carmi, IL 62821 +1 (618) 382 - 7193
World Finance 12551 IL-143 Ste D, Highland, IL 62249 +1 (618) 654 - 8520
Check Into Cash 4103 Lincoln Hwy, Matteson, IL 60443 +1 (708) 748 - 8711
Cash Store 1516 N Henderson St, Galesburg, IL 61401 +1 (309) 342 - 5886
TitleMax Title Loans 1879 S Randall Rd, Geneva, IL 60134 +1 (630) 262 - 0322
First State Bank 801 S Main St, Tuscola, IL 61953 +1 (217) 253 - 2265
Carrollton Bank 315 Sixth St, Carrollton, IL 62016 +1 (217) 942 - 5408
Cash Store 1120 E State St, Rockford, IL 61104 +1 (815) 963 - 7700

Title Loan Companies in Nearby Cities

If there are no title loan companies in Sheffield, IL, you can try to find different companies in big cities nearby. Check out the following pages here: Title Loans in Belleville, IL, Car Title Loans in Berwyn, IL, Car Title Loans in Bloomington, IL, Car Title Loans in Bolingbrook, IL, Car Title Loans in Buffalo Grove, IL, Title Loans in Calumet City, IL, Title Loans in Carol Stream, IL and Car Title Loans in Carpentersville, 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 Sheffield, IL.

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

If you are in need of quick cash, you may be considering a title loan. Title loans are a popular and legal option for Illinois residents. However, before you decide to take out a title loan in Sheffield, Illinois, there are some important things you need to know.

What is a title loan?

A title loan is a type of secured loan where the borrower uses their vehicle’s title as collateral. In exchange for the title, the borrower receives a loan amount based on the value of their vehicle. The loan must be repaid within a set period of time, typically 30 days.

How can I qualify for a title loan?

Qualifying for a title loan is generally easy. To qualify, you need to have a reliable source of income and a lien-free vehicle title in your name. You will also need to provide proof of insurance and a valid state ID or driver’s license.

What are the interest rates and fees?

Title loan lenders in Sheffield, Illinois are limited by law to charging no more than 36% APR on a title loan. Additionally, lenders may charge a loan origination fee of up to $25 and a lien fee of up to $15.

What happens if I can’t repay the loan?

If you are unable to repay your title loan, the lender may repossess your vehicle and sell it to recoup their losses. However, before repossession can take place, the lender is required to provide you with notice and an opportunity to pay off the loan or negotiate a different repayment plan.

Interesting Facts and Statistics about Title Loans in Sheffield, Illinois

  • According to the Illinois Department of Financial and Professional Regulation, there were 534 licensed title loan lenders in the state as of 2019.
  • In 2019, title loan companies in Illinois issued 204,000 loans, totaling $433 million.
  • The average title loan in Illinois was $2,121, with an average APR of 197.5%.
  • Illinois law requires title loan lenders to offer borrowers the option to repay their loan in installments instead of a lump sum, but not all lenders are required to do so.

Apply Now

If you’re considering a title loan in Sheffield, Illinois, TheGuaranteedLoans can help connect you with potential lenders in your area. Simply fill out our online application to get started.

It’s important to note that TheGuaranteedLoans is not a direct lender. Instead, we are a connector service that facilitates connections between borrowers and lenders. By working with TheGuaranteedLoans, you gain access to a network of lenders who may be willing to offer you a title loan based on the value of your vehicle.

Remember, before taking out a title loan, it’s important to carefully consider your financial situation and whether or not a title loan is the best option for you.

Beautiful sights of Sheffield, IL

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

61361

Sheffield, IL title loan calculator

Frequently Asked Questions About Car Title Loans in Sheffield, Illinois

What are the interest rates for title loans in Sheffield, Illinois?

The interest rates for title loans in Sheffield, Illinois are determined by the lender and can vary depending on the borrower's creditworthiness and the value of their vehicle.

Can I get a title loan in Sheffield, Illinois if I have filed for bankruptcy?

Yes, borrowers who have filed for bankruptcy can still qualify for a title loan in Sheffield, Illinois, as long as they have a clear and valid title to their vehicle.