Title Loans in Raymond, Maine

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 Raymond, ME. Consider companies in other cities:

Company nameAddressZip codePhone number
Schaeffer Douglas Title 707 Sable Oaks Dr 350, South Portland, ME 04106 +1 (207) 775 - 0900
Bangor Savings Bank 619 Main St, Damariscotta, ME 04543 +1 (207) 563 - 8037
KeyBank 331 Main St, Rockland, ME 04841 +1 (207) 594 - 1073
Katahdin Trust 609 Broadway, Bangor, ME 04401 +1 (207) 942 - 3146
Evergreen Credit Union 838 Roosevelt Trail, Naples, ME 04055 +1 (207) 221 - 5000
Central Maine Title Company, Inc. 78 Winthrop St, Augusta, ME 04330 +1 (207) 622 - 7505
Atlantic Coast Title Company, LLC 2316, 76 Atlantic Ave, South Portland, ME 04106 +1 (207) 774 - 4400
KeyBank 12 Shapleigh Rd, Kittery, ME 03904 +1 (207) 439 - 2011
Kennebunk Savings 50 Portland Rd, Kennebunk, ME 04043 +1 (207) 985 - 3340
Varney Buick GMC 260 Hogan Rd, Bangor, ME 04401 +1 (866) 240 - 4451

Title Loan Companies in Nearby Cities

If there are no title loan companies in Raymond, ME, you can try to find different companies in big cities nearby. Check out the following pages here: Car Title Loans in Bangor, ME, Title Loans in Lewiston, ME and Car Title Loans in Portland, ME. 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 Raymond, ME.

Title Loans in Raymond, Maine

Are you in a financial bind and need quick access to cash? Title loans in Raymond, Maine, may be the solution you’re looking for. While payday loans are illegal in Maine, car title loans are legal and popular. In this comprehensive guide, we’ll cover everything you need to know about title loans in Raymond, Maine.

What are Title Loans?

A title loan is a secured loan where the borrower uses their car’s title as collateral. The lender appraises the vehicle’s value and offers a loan amount based on that value. If the borrower defaults on the loan, the lender can repossess the vehicle.

Title loans are a viable option for those who need quick cash but cannot qualify for traditional loans due to credit score or other restrictions.

How do Title Loans work in Raymond, Maine?

In Maine, title loans are regulated by the state’s Consumer Credit Code. Lenders must be licensed to operate in the state and adhere to specific rules and regulations.

The borrower must provide proof of ownership of the vehicle and a valid ID. The lender will appraise the vehicle’s value and offer a loan amount based on that value. The borrower agrees to pay back the loan, plus interest, over a set period. If the borrower defaults on the loan, the lender can repossess the vehicle.

What are the Benefits of Title Loans?

  • Quick access to cash
  • No credit check required
  • Flexible repayment terms
  • You keep your car while repaying the loan

These benefits make title loans appealing to those who need quick cash but cannot qualify for traditional loans.

What are the Risks of Title Loans?

Title loans come with risks that borrowers should be aware of before applying. The primary risk is that if the borrower defaults on the loan, the lender can repossess the vehicle. This can be devastating for those who rely on their car to get to work or handle other responsibilities.

Additionally, title loans often have high-interest rates and fees, which can lead to a cycle of debt if the borrower cannot repay the loan quickly.

Interesting Facts and Statistics about Title Loans in Raymond, Maine

  • The average title loan in Maine is $1,000
  • Maine allows lenders to charge up to 30% interest on title loans
  • About one in six title loan borrowers in Maine has their car repossessed

Apply Now

If you’re in need of quick cash, TheGuaranteedLoans can help connect you with potential lenders for title loans in Raymond, Maine. Simply fill out our online application, and we’ll facilitate the connection process. Remember that TheGuaranteedLoans is not a direct lender, but a connector service. We work with a large network of lenders to help you find the right loan for your needs.

Apply now, and let us help you get the financial help you need.

Beautiful sights of Raymond, ME

Title Loans Available in Raymond, ME By The Following ZIP Codes:

04071, 04031

Raymond, ME title loan calculator

Frequently Asked Questions About Car Title Loans in Raymond, Maine

Can I get a title loan on a commercial vehicle in Raymond, Maine?

Yes, title loans in Raymond, Maine can be taken out on commercial vehicles as long as the borrower has clear ownership of the vehicle and can provide proof of income.

Can I get a title loan on a motorcycle in Raymond, Maine?

Yes, title loans in Raymond, Maine can be taken out on motorcycles as long as the borrower has clear ownership of the vehicle and can provide proof of income.

Look for Title Loans in Other Cities: