Title Loans in Benham, Kentucky

Get started
Payday Loan Title Loan Personal Loan Business Loan

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 Benham, KY. Consider companies in other cities:

Company nameAddressZip codePhone number
Cash Tyme 962 Commercial Dr, Richmond, KY 40475 +1 (859) 626 - 4434
Southwest Funding LP 2850 Adams St, Paducah, KY 42001 +1 (270) 442 - 7557
World Finance 1650 Starlite Dr Ste J, Owensboro, KY 42301 +1 (270) 684 - 8282
Central Financial Services of Ky, Inc. Shopping Center, 195 Cumberland Crossing, Monticello, KY 42633 +1 (606) 348 - 3348
U.S. Bank Branch 416 Highland Ave, Carrollton, KY 41008 +1 (502) 732 - 6601
Cash Express 68 N Franklin St, Madisonville, KY 42431 +1 (270) 245 - 5171
First Southern National Bank 101 W Washington St, Princeton, KY 42445 +1 (270) 365 - 3545
Heights Finance Corporation 102 Finley Dr, Georgetown, KY 40324 +1 (502) 570 - 0301
Community Trust Bank 211 W Russell St, Elkhorn City, KY 41522 +1 (606) 754 - 5589
CheckSmart 5921 Terry Rd, Louisville, KY 40216 +1 (502) 447 - 4744

Title Loan Companies in Nearby Cities

If there are no title loan companies in Benham, KY, you can try to find different companies in big cities nearby. Check out the following pages here: Title Loans in Florence, KY, Title Loans in Georgetown, KY, Car Title Loans in Hopkinsville, KY, Car Title Loans in Louisville, KY, Title Loans in Owensboro, KY and Title Loans in Richmond, KY. 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 Benham, KY.

Title Loans in Benham, Kentucky: What You Need to Know

If you live in Benham, Kentucky and are in need of some financial assistance, you might have considered taking out a title loan. While title loans are legal and popular in Kentucky, there are a few things you need to know before proceeding.

What are Title Loans?

Title loans are a type of secured loan where the borrower uses their vehicle as collateral. The amount the borrower can receive as a loan will depend on the value of their vehicle. Once the loan is approved, the borrower hands over the title to the lender.

The lender holds onto the title of the vehicle until the borrower has paid off the loan, including any interest and fees, in full. If the borrower can’t pay back the loan, the lender can repossess the vehicle and sell it to recover the money owed.

How Do Title Loans Work in Kentucky?

In Kentucky, title loans are allowed, regulated by the state and will have interest capped at 25% for the first $1,000 borrowed.

Loan amounts typically range from $100 up to $25,000 or more, depending on the value of the vehicle. The loan term is usually 30 days, but borrowers can renew the loan by paying the interest and fees without paying down the loan amount.

Borrowers also need to be aware of the “cooling-off” period of 30 days. This period is in place to protect borrowers from taking out multiple loans in quick succession or renewing loans indefinitely. For example, if you pay off a title loan, you can not renew the loan for the next 30 days.

What are the Advantages of taking out a Title Loan?

There are several advantages to taking out a title loan. The main advantage is that it allows you to access cash quickly without having to go through a lengthy and complicated loan application process. You simply need to provide the lender with a clear car title. Title loans can help you in the following cases:

  • Unexpected emergencies
  • Medical bills or home repairs
  • Unpaid rent or bills

If you’re in dire need of some financial assistance, a title loan can be a lifeline that helps you cover living expenses until you can get back on your feet.

What are the Risks of Taking Out a Title Loan?

While title loans can be a useful tool for obtaining quick cash, they also come with risks. One of the most significant risks is that you could lose your car. If you’re unable to make your loan payments on time, the lender can seize your vehicle and sell it to recover their money.

Another risk is that title loans can have high-interest rates, fees, and charges. You could end up paying back much more than you originally borrowed. This can lead to a debt spiral where you’re unable to make loan payments and end up renewing the loan repeatedly, resulting in a cycle of debt.

How to Choose a Title Loan Lender in Benham, Kentucky?

Before taking out a title loan, it’s essential to do your due diligence in selecting a reputable and reliable lender. Here are a few tips to help:

  • Research lenders online and read reviews from previous customers
  • Choose a lender that is licensed and compliant with state regulations
  • Ask for full disclosure of fees, charges, and interest rates upfront
  • Compare loan offers from different lenders before making a decision

Interesting Facts About Title Loans in Benham, Kentucky

  • As of 2021, there are over 100 title loan companies operating in Kentucky, generating over $150 million in revenue annually.
  • According to a 2020 survey, the average title loan in Kentucky was for $968, with an average interest rate of 20.51%.
  • Amongst Kentucky residents, 60% of title loan borrowers are females, and around 40% are below the age of 30.

Apply Now for a Title Loan in Benham, Kentucky

If you’re interested in applying for a title loan in Benham, Kentucky, visit TheGuaranteedLoans. We are a connecting service that operates nationwide for title loans, payday loans and other loan types. Fill out our online application form to begin the process and get connected to a trusted lender network. Remember, we do not directly provide loans, and we do not charge any fees or costs to apply through our website.

Get the financial assistance you need today. Apply now for a title loan through TheGuaranteedLoans website!

Useful Articles

Beautiful sights of Benham, KY

Photo of city Benham, KY Photo of city Benham, KY Photo of city Benham, KY

Title Loans Available in Benham, KY By The Following ZIP Codes:

40807

Benham, KY title loan calculator

Frequently Asked Questions About Car Title Loans in Benham, Kentucky

Can I get a title loan if my vehicle is not fully paid off in Benham, Kentucky?

In most cases, you cannot get a title loan on a vehicle that is not fully paid off in Benham, Kentucky. However, some lenders may offer loans to borrowers who have a lien on their title, as long as the lienholder is willing to sign off on the loan.

Can I get a title loan on a motorcycle or other non-car vehicle in Benham, Kentucky?

Yes, you can get a title loan on a motorcycle or other non-car vehicle in Benham, Kentucky, as long as the vehicle has a clear title and is registered in the state.

Advise to read before applying

Look for Title Loans in Other Cities:

Bowling Green Covington Florence Georgetown Hopkinsville Lexington Louisville Owensboro Paducah Richmond
Ukraine needs your help!

TGL Loans: helps connect people with lenders that provide money loans for all US residents. If you have a bad credit history, it is not a problem. You can fill out the application at any time 24/7. Make your dreams come true!

Customer Notice: Cash advance loans should be used for short-term personal requirements primarily, not as long-term budgetary remedies. Clients together with credit score issues ought to look for credit advice. Subject to state regulations, qualification, credit check, underwriting and approval. Rates, terms and conditions apply

Client Guidance: Payday loans are generally designed as a temporary financial bridge that allows individuals to borrow a modest amount of money until their next paycheck arrives. This type of loan is often used as an immediate financial remedy for unforeseen expenses, especially for those lacking a financial cushion or significant savings. If you find yourself struggling to manage your finances and considering a payday loan, it's crucial to consult with a qualified financial advisor. It's also important to familiarize yourself with the specific payday loan laws in your jurisdiction.

Accessibility: This platform's services may not be available to residents of certain states due to local regulations. To determine whether you can access this service, please review your area's legal guidelines. Additionally, be advised that the terms and conditions of this website can be altered at any time without prior notice.

Important Notice: TheGuaranteedloans.com is not a loan company and for that reason cannot determine whether or not you're eventually permitted for any advance, neither can we establish the sum of loan you might be provided. Every lending options, purchasing services and products are offered without having guarantee. When searching for deals, remember to evaluate the budgetary institution’s Terms and Conditions.

NOT A LENDER Disclosure: TheGuaranteedLoans.com is NOT a lender. We do not give any loans or credits. We do not store any of your financial or personal data. We are connecting service that sends all the data you enter on the Application page directly to the lenders. We may store after your approval - your name and email address.

Copyright © 2024 TheGuaranteedLoans. All trademarks are the property of their respective owners.