Title Loans in Bruno, West Virginia

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No title loan companies in Bruno, WV. Consider companies in other cities:

Company nameAddressZip codePhone number
First Community Bank 1102 Oakvale Rd, Princeton, WV 24740 +1 (304) 431 - 9000
Chase Bank 2 Bae Mar Pl, Wheeling, WV 26003 +1 (304) 242 - 1167
ATM M&t Bank 887 National Rd, Wheeling, WV 26003
First West Virginia Bancorp 1701 Warwood Ave, Wheeling, WV 26003 +1 (304) 277 - 1100
Fairmont Federal Credit Union 600 Rosebud Ave, Clarksburg, WV 26301 +1 (304) 363 - 5320
City National Bank 601 Alta Dr, Alderson, WV 24910 +1 (304) 445 - 2991
Cvechko Insurance Services 16356 Barbour County Hwy, Philippi, WV 26416 +1 (304) 457 - 5433
United Bank 425 Robert C Byrd Dr, Sophia, WV 25921 +1 (304) 683 - 3233
Chase Bank 613 Virginia St E, Charleston, WV 25301 +1 (304) 345 - 1358
WesBanco Bank 300 Tennessee Ave, Charleston, WV 25302 +1 (304) 347 - 4000

Title Loan Companies in Nearby Cities

If there are no title loan companies in Bruno, WV, you can try to find different companies in big cities nearby. Check out the following pages here: Car Title Loans in Charleston, WV, Car Title Loans in Huntington, WV, Title Loans in Morgantown, WV and Car Title Loans in Parkersburg, WV. 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 Bruno, WV.

Title Loans in Bruno, West Virginia: A Comprehensive Guide

If you’re in need of quick cash and own a vehicle, consider a title loan. This type of loan is legal and popular in West Virginia, including Bruno. Here’s everything you need to know about title loans in Bruno, West Virginia.

What Are Title Loans?

A title loan is a type of secured loan where the borrower uses their vehicle as collateral. In exchange for the vehicle title, the lender provides the borrower with a loan amount typically between $100 and $10,000. The loan amount largely depends on the value of the vehicle.

How Do Title Loans Work in Bruno, West Virginia?

In Bruno, West Virginia, title loans are regulated by the West Virginia Division of Financial Institutions. To obtain a title loan, the borrower must provide proof of vehicle ownership and a government-issued ID. The lender will then conduct an inspection of the vehicle to determine its value.

The maximum loan amount a borrower can receive is limited to the lesser of either the market value of the vehicle or $2,500. The interest rate on the loan is capped at 18% per month, which is relatively high compared to traditional loans.

What Are the Benefits and Risks of Title Loans in Bruno, West Virginia?

Benefits:

  • Quick and easy application process
  • No credit check required
  • Ability to continue using the vehicle during the loan term
  • Potentially large loan amounts

Risks:

  • High interest rates
  • Potential loss of vehicle if the loan is not repaid
  • Additional fees and charges for late payments or loan refinancing
  • Possibility of falling into a debt cycle

Interesting Facts and Statistics about Title Loans in Bruno, West Virginia

  • In West Virginia, title loans are legal and regulated by the West Virginia Division of Financial Institutions.
  • In 2020, the average title loan amount in West Virginia was $960.
  • West Virginia has one of the highest poverty rates in the country, which may contribute to the popularity of title loans as an option for quick cash.

Apply Now

If you’re considering a title loan in Bruno, West Virginia, TheGuaranteedLoans can help connect you with potential lenders. Fill out our easy online application to get started.

It’s important to note that TheGuaranteedLoans is a connector service, not a direct lender. We facilitate the connection between borrowers and potential lenders, but do not make any loan decisions or provide funds ourselves.

Overall, title loans can be a suitable option for those in need of quick cash and with a vehicle to use as collateral. However, it’s important to carefully consider the risks and costs involved before making a decision. If you do decide to pursue a title loan, be sure to choose a reputable lender and have a plan to repay the loan on time.

Useful Articles

Title Loans Available in Bruno, WV By The Following ZIP Codes:

25611

Bruno, WV title loan calculator

Frequently Asked Questions About Car Title Loans in Bruno, West Virginia

Are title loans in Bruno, West Virginia legal?

Title loans in Bruno, West Virginia are legal, as long as the lender is licensed and follows all applicable laws and regulations.

How do I repay a title loan in Bruno, West Virginia?

To repay a title loan in Bruno, West Virginia, the borrower must make regular payments to the lender until the loan is repaid in full. The borrower may be able to make payments in person at the lender's location, or they may be able to make payments online or over the phone.

Advise to read before applying

Look for Title Loans in Other Cities:

Charleston Huntington Morgantown Parkersburg
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