Title Loans in Jewett, New York

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No title loan companies in Jewett, NY. Consider companies in other cities:

Company nameAddressZip codePhone number
Monro Auto Service And Tire Centers 88 Grove St, Massena, NY 13662 +1 (315) 313 - 5099
Ulster Savings Bank 2680 South Rd, Poughkeepsie, NY 12601 +1 (845) 473 - 3500
Ticor Title Insurance 400 Post Ave, Westbury, NY 11590 +1 (516) 393 - 0042
KeyBank 6932 Erie Rd, Derby, NY 14047 +1 (716) 947 - 2029
AmeriCU 6303 Thompson Rd, Syracuse, NY 13206 +1 (800) 388 - 2000
Team Blevins Chrysler Dodge Jeep 1151 US-11, Gouverneur, NY 13642 +1 (315) 287 - 1300
M&T Bank 2664 Atlantic Ave, Brooklyn, NY 11207 +1 (718) 922 - 4228
Chase Bank 690 Long Pond Rd, Rochester, NY 14612 +1 (585) 225 - 0736
Community Bank, N.A. 5821 Bridge St, East Syracuse, NY 13057 +1 (315) 449 - 0353
KeyBank 115 Ballston Ave, Saratoga Springs, NY 12866 +1 (518) 583 - 4262

Title Loan Companies in Nearby Cities

If there are no title loan companies in Jewett, NY, you can try to find different companies in big cities nearby. Check out the following pages here: Title Loans in Mount Vernon, NY, Car Title Loans in New City, NY, Title Loans in New Rochelle, NY, Car Title Loans in New York, NY, Car Title Loans in Niagara Falls, NY, Title Loans in North Tonawanda, NY, Title Loans in Oceanside, NY and Title Loans in Ossining, NY. 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 Jewett, NY.

Title Loans in Jewett, New York: A Comprehensive Guide

If you live in Jewett, New York, and are in need of quick cash, you may be considering title loans as an option. However, it’s important to note that title loans are not popular in New York due to state regulations. Nonetheless, if you are in dire need of a loan, a title loan might be a viable option. In this guide, we’ll give you an overview of title loans, their uses, and the regulations in Jewett, New York.

What is a Title Loan?

A title loan is a type of secured loan that requires you to use your vehicle as collateral. You essentially borrow against the value of your vehicle, and the lender holds the title until you pay back the loan. The loan amount you can get depends on the value of your car, and lenders usually give a percentage of that value as the loan amount. However, the interest rates for title loans tend to be very high as they are short-term loans.

Uses of Title Loans

Title loans are popular among those who need quick cash and have bad credit scores. Here are some of the situations where borrowers might use title loans:

  • Medical emergencies
  • Home repairs
  • Car repairs
  • Unexpected expenses

It’s important to note that title loans should only be used as a last resort, as the interest rates on these loans can be as high as 300%, making it easy for borrowers to fall into a debt trap.

Regulations in Jewett, New York

While title loans are not popular in New York due to state regulations, state law does allow lenders to offer equity lines of credit and personal loans that use vehicles as collateral. In these cases, lenders must be licensed by the New York State Department of Financial Services and follow state regulations regarding interest rates and fees.

In addition, the state of New York requires lenders to provide written disclosures to borrowers that include the loan amount, interest rates, fees, and the total amount due. Borrowers should read the disclosure document carefully and ask questions if anything is unclear before signing any loan agreements.

Interesting Facts and Statistics

  • Average interest rate for title loans in the United States is 25%
  • 66% of borrowers use their loan to cover unexpected expenses
  • The average borrower pays back $2,142 for a $951 loan

Apply Now

If you’re considering a title loan, it’s important to remember that they may not be the best option for everyone. TheGuaranteedLoans is here to help with our online platform that connects you with potential lenders in Jewett, New York. We are a connecting service and not a direct lender. If you decide to apply, we’ll facilitate connections with potential lenders who are licensed in New York and follow state regulations regarding interest rates and fees. Visit our website now and complete our online application to receive loan offers from our network of lenders.

Title Loans Available in Jewett, NY By The Following ZIP Codes:

12444

Jewett, NY title loan calculator

Frequently Asked Questions About Car Title Loans in Jewett, New York

Can I get a title loan on a vehicle that has a salvage title in Jewett, New York?

In most cases, you cannot get a title loan on a vehicle that has a salvage title in Jewett, New York. 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 Jewett, New York?

In addition to interest, some lenders may charge fees or additional charges for a title loan in Jewett, New York. 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.