Title Loans in Pierson, Michigan

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 Pierson, MI. Consider companies in other cities:

Company nameAddressZip codePhone number
Independent Bank 129 Lansing St, Charlotte, MI 48813 +1 (517) 543 - 4994
Crossroads Title Agency 413 S Union St, Traverse City, MI 49684 +1 (231) 947 - 1998
Verified Title Agency 105 Linden St, Big Rapids, MI 49307 +1 (231) 305 - 9120
Advance America 310 W Genesee Ave, Saginaw, MI 48602 +1 (989) 771 - 4901
Woodland Title 402 E Front St, Traverse City, MI 49686 +1 (231) 995 - 8176
Advance America 19135 Telegraph Rd, Detroit, MI 48219 +1 (313) 794 - 7081
Advance America 3914 Plainfield Ave NE, Grand Rapids, MI 49525 +1 (616) 363 - 4634
PFCU Lake Odessa 2025 Lapo Rd, Lake Odessa, MI 48849 +1 (616) 374 - 0100
Cornerstone Mortgage 815 1st St, Menominee, MI 49858 +1 (906) 424 - 4210
Chemical Bank 101 E Court St, Ludington, MI 49431 +1 (231) 845 - 5172

Title Loan Companies in Nearby Cities

If there are no title loan companies in Pierson, MI, you can try to find different companies in big cities nearby. Check out the following pages here: Car Title Loans in Dearborn Heights, MI, Title Loans in Detroit, MI, Car Title Loans in East Lansing, MI, Car Title Loans in Eastpointe, MI, Car Title Loans in Flint, MI, Car Title Loans in Grand Rapids, MI, Car Title Loans in Holland, MI and Title Loans in Jackson, MI. 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 Pierson, MI.

Title Loans in Pierson, Michigan: A Comprehensive Guide for Borrowers

If you’re in need of quick cash and own a vehicle, title loans in Pierson, Michigan, can be an option worth considering. A title loan allows you to use your car as collateral to secure a loan. The loan amount is based on the value of your vehicle, and you keep driving your car while you’re repaying the loan.

Are Title Loans Legal in Michigan?

Yes, title loans are legal in Michigan, but there are laws in place to regulate them. The Michigan Department of Insurance and Financial Services (DIFS) is responsible for overseeing the industry and ensuring that lenders comply with the state’s laws and regulations.

How Do Title Loans Work?

To get a title loan, you’ll need to provide the lender with your car’s title, proof of income, and a valid government-issued ID. The lender will appraise your car and determine the loan amount based on its value, typically ranging from 25% to 50% of your car’s worth.

You’ll be required to sign a loan agreement that outlines the loan’s terms and conditions, including the interest rate and repayment schedule. Typically, you’ll have 30 days to repay the loan, though some lenders may offer longer terms. If you’re unable to repay the loan, the lender can repossess your car and sell it to recover their losses.

Interest Rates and Fees

Michigan state law sets the maximum interest rate for title loans at 36%. However, lenders can also charge fees to supplement their profits. These fees can include processing fees, document fees, and late payment fees. It’s essential to read the loan agreement carefully and understand all the charges you’ll be responsible for before signing it.

Benefits and Risks of Title Loans

  • Easy access to cash: Title loans are a fast and convenient way to get cash when you need it.
  • No credit check required: Since you’re providing collateral, your credit history isn’t usually a factor in determining your eligibility for a title loan.
  • Risk of losing your car: If you’re unable to repay the loan, the lender can repossess your car and sell it to recover their losses.
  • High-interest rates and fees: Title loans can be expensive, with interest rates and fees that can add up quickly.

Interesting Facts and Statistics about Title Loans in Pierson, Michigan

  • Michigan residents borrowed more than $500 million in title loans in 2019 alone.
  • The average title loan in Michigan is $1,000, and the average APR is 300%.
  • In 2019, Michigan had 138 title loan storefronts, with an average of four in each county.

Apply Now for a Title Loan in Pierson, Michigan

If you’re interested in getting a title loan in Pierson, Michigan, TheGuaranteedLoans can help you find a lender. We are not a direct lender but a connector service that helps borrowers like you connect with potential lenders. By filling out our online application, you can get matched with a lender who can provide you with the funds you need. Remember, title loans can be risky, so make sure you understand the terms and conditions of your loan before signing the agreement.

Apply now and get the cash you need today!

Title Loans Available in Pierson, MI By The Following ZIP Codes:

49339

Pierson, MI title loan calculator

Frequently Asked Questions About Car Title Loans in Pierson, Michigan

How do title loans in Pierson, Michigan work?

To obtain a title loan in Pierson, Michigan, the borrower must provide their vehicle title and other necessary documents to the lender. The lender will then assess the value of the vehicle and offer a loan amount based on that value. The borrower must then repay the loan, including interest and fees, within a specified time period.

Can I get a title loan in Pierson, Michigan if I have bad credit?

Yes, title loans in Pierson, Michigan do not typically require a credit check, so borrowers with bad credit may be eligible for a loan.