Title Loans in Willseyville, New York

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

Company nameAddressZip codePhone number
People's United Bank 465 Atlantic Ave, Oceanside, NY 11572 +1 (516) 594 - 3067
Community Bank, N.A. 18 S Broad St, Norwich, NY 13815 +1 (607) 334 - 2277
M&T Bank 12 Atlantic Ave, Oceanside, NY 11572 +1 (516) 678 - 1682
Citizens Bank 1516 Western Ave, Albany, NY 12203 +1 (518) 464 - 6440
SeaComm Federal Credit Union 3001 Ford Street Extension, Ogdensburg, NY 13669 +1 (315) 764 - 0566
Chase Bank 124 NY-303, Valley Cottage, NY 10989 +1 (845) 268 - 6393
Municipal Credit Union 4500 Parsons Blvd, Flushing, NY 11355 +1 (212) 693 - 4900
Capital One Bank 4201 White Plains Rd, Bronx, NY 10466 +1 (718) 994 - 1900
Community Bank, N.A. 1 E Genesee St, Skaneateles, NY 13152 +1 (315) 685 - 8324
Community Bank, N.A. 1 W Main St, Ripley, NY 14775 +1 (716) 736 - 2211

Title Loan Companies in Nearby Cities

If there are no title loan companies in Willseyville, NY, you can try to find different companies in big cities nearby. Check out the following pages here: Title Loans in Spring Valley, NY, Car Title Loans in Staten Island, NY, Title Loans in Syracuse, NY, Car Title Loans in Troy, NY, Car Title Loans in Uniondale, NY, Title Loans in Utica, NY, Car Title Loans in Valley Stream, NY and Car Title Loans in Warwick, 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 Willseyville, NY.

Title Loans in Willseyville, New York

What Are Title Loans?

Title loans are short-term loans where the borrower uses their car title as collateral. This type of loan is popular in many states and can be a quick way to get money for unexpected expenses. However, title loans are not as popular in New York as they are in other states.

How Do Title Loans Work?

To get a title loan, the borrower must own a car outright and have a clear title. The lender will assess the car’s value and offer a loan based on that value. The borrower then signs over the title to the lender and gets the loan amount in exchange. The borrower can continue to drive their car while paying back the loan.

Why Are Title Loans Not Popular in New York?

In New York, state laws forbid lenders from offering loans that use a borrower’s car as collateral. This means that title loans are not legal in New York. While some lenders may try to offer similar loans, they are not true title loans and may not offer the same benefits.

What Are the Risks of Title Loans?

While title loans can be a quick source of cash, they can also be risky. The interest rates on title loans are often much higher than other types of loans, and if the borrower is unable to repay the loan, they risk losing their car. Borrowers should carefully consider their options and make sure they can afford to repay the loan before signing up for a title loan.

Interesting Facts and Statistics About Title Loans

  • According to the Consumer Financial Protection Bureau, one in five borrowers who take out a single-payment auto title loan have their car seized by the lender.
  • Not all states allow title loans. In fact, only about half of U.S. states have laws that allow title loans.
  • The average title loan borrower takes out eight loans per year, spending about $3,000 in interest for a $1,000 loan.

Apply Now

If you’re in need of quick cash and have clear car title, consider your options carefully. While title loans are not legal in New York, there may be other options available to you. At TheGuaranteedLoans, we’re here to help you find the right loan for your needs. Fill out our online application today and we’ll connect you with a potential lender who can help you get the money you need. Remember, TheGuaranteedLoans is a connector service, not a direct lender, and we prioritize responsible lending practices.

Willseyville, NY title loan calculator

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

What fees are associated with title loans in Willseyville, New York?

Title loans in Willseyville, New York may come with various fees, such as origination fees, application fees, and late payment fees.

Can I keep my vehicle while I have a title loan in Willseyville, New York?

Yes, borrowers are typically able to keep their vehicle while they have a title loan in Willseyville, New York. However, the lender may place a lien on the vehicle title until the loan is repaid.