Title Loans in Revere, Massachusetts

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Title Loan Companies in Revere, MA

Company nameAddressZip codePhone number
Citizens Bank 385 Broadway 02151 +1 (781) 286 - 4888
East Boston Savings Bank 575 Broadway 02151 +1 (800) 657 - 3272
Paramount Residential Mortgage Group - PRMG Inc. 1 Orr Square, Suite D 02151 +1 (781) 629 - 7442
People's United Bank 310 Broadway 02151 +1 (781) 284 - 7777

Title Loan Companies in Nearby Cities

If there are no title loan companies in Revere, MA, you can try to find different companies in big cities nearby. Check out the following pages here: Title Loans in Salem, MA, Car Title Loans in Shrewsbury, MA, Title Loans in Somerville, MA, Title Loans in Springfield, MA, Car Title Loans in Taunton, MA, Car Title Loans in Tewksbury, MA, Car Title Loans in Waltham, MA and Title Loans in Westfield, 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 Revere, MA.

Introduction to Title Loans in Revere, Massachusetts

Title loans in Revere, Massachusetts are a type of secured loan in which the borrower uses their vehicle title as collateral. This type of loan is usually used by consumers who need fast access to cash and do not have access to traditional loans or other forms of financing.

How Do Title Loans Work?

Title loans in Revere, Massachusetts are a form of secured lending wherein the borrower uses their vehicle title as collateral. The loan amount is usually based on the value of the vehicle and the borrower’s ability to repay the loan. To get a title loan, the borrower must submit their vehicle title, proof of income, and other documentation to the lender.

Once approved, the lender will hold the vehicle title as collateral until the loan is repaid. During this time, the borrower is expected to make all loan payments on time. In the event that the borrower fails to make payments, the lender may repossess the vehicle and sell it to cover the outstanding balance.

Are Title Loans Legal in Massachusetts?

Yes, title loans are legal in Massachusetts. The Massachusetts Division of Banks oversees and regulates title loans in the state. They require all title lenders to be licensed, and they mandate that borrowers be provided with all loan terms and fees prior to signing any agreement.

Benefits of Title Loans in Revere, Massachusetts

There are several benefits to taking out a title loan in Revere, Massachusetts. One of the main advantages of this type of loan is that it allows borrowers to access funds quickly. Because the loan is secured by the title, lenders are able to approve loans faster than for unsecured loans. Additionally, title loans typically have lower interest rates than unsecured loans, making them more affordable for borrowers.

Risks of Title Loans in Revere, Massachusetts

While title loans in Revere, Massachusetts offer the benefit of fast access to funds, there are some risks associated with this type of loan. If the borrower fails to make payments on the loan, the lender may repossess the vehicle and sell it to cover the outstanding balance. Additionally, title loans typically have higher interest rates than unsecured loans, making them more expensive in the long run.

Frequently Asked Questions

Q: How do I apply for a title loan in Revere, Massachusetts?

A: To apply for a title loan in Revere, Massachusetts, you must submit your vehicle title, proof of income, and other documentation to the lender. The lender will then review your application and provide you with loan terms and fees.

Q: Are title loans legal in Massachusetts?

A: Yes, title loans are legal in Massachusetts. The Massachusetts Division of Banks oversees and regulates title loans in the state.

Q: What are the benefits of taking out a title loan?

A: The primary benefit of taking out a title loan is that it allows borrowers to access funds quickly. Additionally, title loans typically have lower interest rates than unsecured loans, making them more affordable for borrowers.

Apply Now

If you find yourself in need of fast access to cash, a title loan may be a viable option. At TheGuaranteedLoans, we make it quick and easy to apply for a title loan. We are not a lender, but we will connect you with one of our trusted partner lenders that can provide you with the funds you need. Click the link below to get started!

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

02151

Revere, MA title loan calculator

Frequently Asked Questions About Car Title Loans in Revere, Massachusetts

How do I repay my title loan in Revere, Massachusetts?

You can repay your title loan in Revere, Massachusetts by making the required payments in person at the lender's location, by mail, or through electronic transfer.

What is a title loan in Revere, Massachusetts?

A title loan in Revere, Massachusetts is a type of short-term loan that is secured by the borrower's vehicle. The vehicle's title is used as collateral for the loan, and the borrower is required to hand over the title to the lender until the loan is repaid.

How Many Cash Advance Companies are in Revere, MA?

With the help of our service, you will be able to find 4 cash advance companies in Revere, MA

What Cash Advance Companies in Revere, MA are the most popular?

You should check Citizens Bank, East Boston Savings Bank, and Paramount Residential Mortgage Group - PRMG Inc.. Also, you can start your application online on our website.

Advise to read before applying

Look for Title Loans in Other Cities:

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