Title Loans in Heath, Massachusetts

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 Heath, MA. Consider companies in other cities:

Company nameAddressZip codePhone number
SKM Title & Closing Services 1583 Beacon St, Brookline, MA 02446 +1 (617) 277 - 7887
Century Bank 522 Main St, Winchester, MA 01890 +1 (781) 756 - 3480
PeoplesBank Banking Center & VideoBankerITM 1866 Northampton St, Holyoke, MA 01040 +1 (413) 493 - 7430
Kelly Jeep Chrysler 353 Broadway, Lynnfield, MA 01940 +1 (781) 581 - 6000
Loans Inc 418 Massachusetts Ave, Arlington, MA 02474
PeoplesBank Banking Center 783 Williams St, Longmeadow, MA 01106 +1 (413) 565 - 2913
St. Anne's Credit Union 93 Adams St, Fairhaven, MA 02719 +1 (877) 782 - 6637
First American Title Insurance Company - National Commercial Services 800 Boylston St Suite 2820, Boston, MA 02199 +1 (888) 505 - 8558
Institution for Savings 7 Bridge Rd, Salisbury, MA 01952 +1 (978) 465 - 3729
UMassFive College Federal Credit Union 225 King St, Northampton, MA 01060 +1 (413) 256 - 5500

Title Loan Companies in Nearby Cities

If there are no title loan companies in Heath, MA, you can try to find different companies in big cities nearby. Check out the following pages here: Car Title Loans in Billerica, MA, Car Title Loans in Boston, MA, Car Title Loans in Brockton, MA, Title Loans in Brookline, MA, Car Title Loans in Cambridge, MA, Car Title Loans in Chelmsford, MA, Car Title Loans in Chelsea, MA and Car Title Loans in Chicopee, MA. 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 Heath, MA.

Title Loans in Heath, Massachusetts: Everything You Need to Know

If you find yourself in need of quick cash in Heath, Massachusetts, title loans may be a viable option for you. These loans are legal and popular in the state, but there are certain things you should know before applying for one.

What are Title Loans?

A title loan is a short-term loan secured by the borrower’s vehicle. The lender holds onto the vehicle’s title until the loan is paid off in full. These loans typically have high interest rates and should only be considered as a last resort for an emergency situation.

How do Title Loans Work in Massachusetts?

While title loans are legal in Massachusetts, the state has certain regulations in place to protect borrowers. For instance, the maximum loan amount a borrower can receive is $25,000, and the loan term cannot exceed 12 months. Additionally, the interest rate cannot exceed 23% per annum, and lenders must be licensed with the state.

When applying for a title loan, the lender will inspect the vehicle to assess its value and condition. The loan amount will typically be around 25% to 50% of the vehicle’s value. Once the loan is approved, the borrower will need to sign a contract outlining the terms and conditions, including the interest rate, fees, and repayment schedule.

The Risks of Title Loans

While title loans may seem like a quick and easy solution to a financial emergency, they can come with significant risks. The high-interest rates can quickly add up, and if the borrower is unable to repay the loan on time, they may face repossession of their vehicle. It’s essential to understand the terms and conditions of the loan and have a plan in place to repay it on time.

The Benefits of Title Loans

Despite the risks, title loans can be a viable option for those in need of quick cash. Unlike traditional loans, title loans do not require a credit check, making them accessible to those with poor credit scores. Additionally, the approval process is typically quick and easy, with funds available within a day or two.

Interesting Facts and Statistics

  • In Massachusetts, the average title loan is around $1,000 to $5,000.
  • Over 500 licensed lenders offer title loans in Massachusetts.
  • The percentage of borrowers who default on title loans in Massachusetts is around 3%.

Apply Now

If you’re in need of quick cash and considering a title loan, TheGuaranteedLoans can help connect you with potential lenders. Fill out our online application, and we’ll facilitate the process of finding a lender that meets your needs. Keep in mind that we’re not a direct lender and simply act as a connector service.

Remember, title loans come with significant risks, so make sure to think carefully before applying for one. Have a plan in place to repay the loan on time and avoid repossession of your vehicle.

Beautiful sights of Heath, MA

Title Loans Available in Heath, MA By The Following ZIP Codes:

01346

Heath, MA title loan calculator

Frequently Asked Questions About Car Title Loans in Heath, Massachusetts

Can I get a title loan on a vehicle that has a salvage title in Heath, Massachusetts?

In most cases, you cannot get a title loan on a vehicle that has a salvage title in Heath, Massachusetts. This is because vehicles with salvage titles are considered to be of significantly reduced value, and therefore do not provide sufficient collateral for a loan.

Are there any fees or additional charges associated with a title loan in Heath, Massachusetts?

In addition to interest, some lenders may charge fees or additional charges for a title loan in Heath, Massachusetts. These may include origination fees, processing fees, or late payment fees. It's important to carefully review the terms and conditions of your loan before accepting it, and to ask about any additional fees that may apply.