Title Loans in Ararat, North Carolina

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No title loan companies in Ararat, NC. Consider companies in other cities:

Company nameAddressZip codePhone number
BB&T 2806 Arendell St, Morehead City, NC 28557 +1 (252) 247 - 2106
BB&T 520 N Broome St, Waxhaw, NC 28173 +1 (704) 843 - 2166
Professional Financial Services 1321 Westbrook Plaza Dr 100, Winston-Salem, NC 27103 +1 (336) 777 - 1203
BB&T Mortgage 202 NC-87, Riegelwood, NC 28456
First Citizens Bank 1505 Live Oak St, Beaufort, NC 28516 +1 (252) 728 - 4100
Cape Fear Farm Credit Aca 127 Beasley St, Kenansville, NC 28349 +1 (910) 296 - 1776
PNC Bank 1200 Washington St, Williamston, NC 27892 +1 (252) 799 - 2600
First Citizens Bank 306 Old Farm Rd S, Roanoke Rapids, NC 27870 +1 (252) 308 - 6000
Self-Help Credit Union 123 W Main St, Durham, NC 27701 +1 (919) 683 - 2000
Time Financing Service 1501 W Arlington Blvd # A, Greenville, NC 27834 +1 (252) 355 - 1776

Title Loan Companies in Nearby Cities

If there are no title loan companies in Ararat, NC, you can try to find different companies in big cities nearby. Check out the following pages here: Title Loans in High Point, NC, Title Loans in Holly Springs, NC, Title Loans in Huntersville, NC, Title Loans in Indian Trail, NC, Car Title Loans in Jacksonville, NC, Car Title Loans in Kannapolis, NC, Car Title Loans in Matthews, NC and Title Loans in Monroe, NC. 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 Ararat, NC.

Title Loans in Ararat, North Carolina: Accessing Emergency Cash

Unexpected financial situations can be a considerable shock, and many individuals find themselves unable to cover their expenses. Title loans in Ararat, North Carolina, provide a popular alternative that can help people access quick cash to cover their urgent needs.

What are Title Loans?

A title loan is a type of secured loan in which the borrower’s vehicle acts as collateral, and the lender holds onto the vehicle title until the loan is repaid in full. The amount of the loan depends on the value of the vehicle and can range anywhere from a few hundred to thousands of dollars.

It’s important to note that a title loan is not a long-term financial solution and should only be used to cover immediate expenses. In North Carolina, title loans are legal, but there are regulations and rules regarding interest rates and repayment terms that borrowers should be aware of.

How to Apply for a Title Loan in Ararat, North Carolina

If you’re interested in a title loan, the first step is to find a trusted lender. TheGuaranteedLoans is a connector service that can help connect you with potential lenders in Ararat, North Carolina. Applying for a title loan through TheGuaranteedLoans is quick and easy. Simply fill out an online application, and we will connect you with a lender that can provide you with options for a title loan.

It’s important to read the terms and requirements carefully before accepting a title loan offer. Make sure you understand the interest rate and repayment terms to avoid any surprises down the road.

Interest Rates and Repayment Terms for Title Loans in Ararat, North Carolina

In North Carolina, there are regulations that dictate the maximum interest rate that lenders can charge for title loans. A lender can charge up to 30% interest on the first $2,000 of a loan and 18% interest on the remaining balance of a loan up to $5,000. The maximum loan amount allowed in North Carolina is $5,000.

When it comes to repayment terms, the loan term for a title loan in North Carolina is 30 days, with a possibility of an extension for an additional 30 days if required. Lenders in North Carolina must provide a written agreement that includes all fees and charges associated with the title loan, so be sure to read the agreement carefully before signing it.

Interesting Facts and Statistics about Title Loans in Ararat, North Carolina

  • As of 2021, there were over 300 title loan lenders operating in North Carolina.
  • The average interest rate for a title loan in North Carolina is around 25%.
  • In North Carolina, title loan lenders are required to be licensed and regulated by the state.
  • According to The Pew Charitable Trusts, the average title loan borrower takes out eight loans per year and spends an average of $1,200 in fees.

Apply Now for a Title Loan in Ararat, North Carolina

If you’re in need of emergency cash, a title loan might be the right solution for you. TheGuaranteedLoans can help you connect with potential lenders in Ararat, North Carolina, quickly and easily. Apply now for a title loan through our website, and we’ll help you get the cash you need to cover your immediate expenses.

Remember, TheGuaranteedLoans is a connector service and not a direct lender. We facilitate the connection between borrowers and potential lenders and do not guarantee approval or loan terms.

Title Loans Available in Ararat, NC By The Following ZIP Codes:

27007

Ararat, NC title loan calculator

Frequently Asked Questions About Car Title Loans in Ararat, North Carolina

Can I get a title loan on a vehicle with a lien in Ararat, North Carolina?

No, title loans in Ararat, North Carolina can only be taken out on vehicles with clear titles, free of any liens or encumbrances.

Can I get a title loan on a vehicle that is not registered in Ararat, North Carolina?

No, title loans in Ararat, North Carolina can only be taken out on vehicles that are registered in the state of North Carolina.