Title Loans in Colgate, Wisconsin

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No title loan companies in Colgate, WI. Consider companies in other cities:

Company nameAddressZip codePhone number
Verve, a Credit Union 1516 19th St, Two Rivers, WI 54241 +1 (800) 448 - 9228
U.S. Bank ATM - West Kenosha 5621 75th St, Kenosha, WI 53142 +1 (800) 872 - 2657
T M Title Services Inc 315 E La Salle Ave, Barron, WI 54812 +1 (715) 537 - 3648
Royal Credit Union - Hudson 2501 Hanley Rd STE 100, Hudson, WI 54016 +1 (800) 341 - 9911
Dairy State Bank E4491 County Rd C, Downsville, WI 54735 +1 (715) 664 - 8711
National Exchange Bank & Trust - Chilton 1265 E Chestnut St, Chilton, WI 53014 +1 (920) 849 - 8888
Fort Community Credit Union 633 S Church St, Watertown, WI 53094 +1 (920) 563 - 7305
Huntington Mortgage Group 149 Wells St, Darlington, WI 53530
Winnebago Community Credit Union 567 E Snell Rd, Oshkosh, WI 54901 +1 (920) 233 - 9096
Bluff View Bank 16893 S Main St, Galesville, WI 54630 +1 (608) 582 - 2233

Title Loan Companies in Nearby Cities

If there are no title loan companies in Colgate, WI, you can try to find different companies in big cities nearby. Check out the following pages here: Title Loans in Waukesha, WI, Car Title Loans in Wausau, WI, Title Loans in West Bend, WI, Car Title Loans in Appleton, WI, Car Title Loans in Beloit, WI, Title Loans in Brookfield, WI, Car Title Loans in Eau Claire, WI and Title Loans in Fond du Lac, WI. 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 Colgate, WI.

Title Loans in Colgate, Wisconsin

Title loans have become an increasingly popular option for individuals seeking quick and easy access to cash. In the state of Wisconsin, title loans are legal and readily available to those who own a qualifying vehicle. Colgate, Wisconsin is no exception, and residents have several options when it comes to obtaining a title loan. In this article, we will explore the ins and outs of title loans in Colgate, Wisconsin.

What is a title loan?

A title loan is a loan that uses the borrower’s vehicle as collateral. The borrower must own the vehicle outright and provide the lender with the vehicle’s title. The loan amount is typically based on the value of the vehicle, and lenders can offer up to a certain percentage of the vehicle’s value. In Colgate, Wisconsin, title loans are regulated by the state, and lenders must be licensed to operate.

How do title loans work in Colgate, Wisconsin?

To obtain a title loan in Colgate, Wisconsin, the borrower must first find a licensed lender. The borrower will need to provide the lender with the vehicle’s title, a copy of their ID, and proof of income. The lender will then assess the value of the vehicle and determine the loan amount. Once the loan amount is determined, the borrower will sign the loan agreement, and the lender will place a lien on the vehicle’s title. The borrower will then have a set amount of time to repay the loan, typically 30 days. If the borrower is unable to repay the loan in full, the lender can repossess the vehicle.

What are the requirements to obtain a title loan in Colgate, Wisconsin?

In Wisconsin, the requirements to obtain a title loan are relatively simple. The borrower must be 18 years of age or older and own the vehicle outright, with no outstanding liens or loans. The borrower must also provide proof of income, typically in the form of pay stubs or bank statements. Additionally, the borrower must provide a valid ID or driver’s license. Some lenders may require proof of insurance on the vehicle.

What are the benefits of a title loan in Colgate, Wisconsin?

Title loans can offer several benefits to borrowers. First and foremost, they provide quick access to cash without requiring a credit check. This can be especially helpful for individuals with poor credit or no credit history. Additionally, title loans can be a way to address unforeseen expenses or emergencies. The application process is typically fast and easy, and funds can be available within a few hours of approval.

What are the potential risks of a title loan in Colgate, Wisconsin?

Like any loan, title loans carry risks. The biggest risk is the potential for repossession. If the borrower is unable to repay the loan in full, the lender can repossess the vehicle. This can have serious consequences for the borrower, as the loss of a vehicle can affect their ability to work, earn income, or fulfill other obligations. Additionally, title loans typically come with high interest rates and fees. Borrowers should carefully consider these factors before taking out a title loan.

Interesting Facts and Statistics about Title Loans in Colgate, Wisconsin

  • According to a report by the Wisconsin Department of Financial Institutions, the average size of a title loan in the state is $1,201.
  • Wisconsin state law requires title loan lenders to disclose the APR and total cost of the loan in the loan agreement.
  • A 2019 report by the Consumer Financial Protection Bureau found that 20% of title loan borrowers have their vehicles repossessed.

Apply Now

If you are in need of a title loan in Colgate, Wisconsin, TheGuaranteedLoans can help connect you with potential lenders. Our online application process is fast and easy, and we work with a network of licensed lenders. Please note that TheGuaranteedLoans is a connector service, and we do not directly lend money. To learn more about our services and apply for a title loan, visit our website today.

Title Loans Available in Colgate, WI By The Following ZIP Codes:

53017

Colgate, WI title loan calculator

Frequently Asked Questions About Car Title Loans in Colgate, Wisconsin

Can I renew a title loan in Colgate, Wisconsin?

Yes, borrowers may be able to renew a title loan in Colgate, Wisconsin if they are unable to repay the loan in full by the due date. However, this may result in additional fees and interest charges.

Are there any alternatives to title loans in Colgate, Wisconsin?

Yes, there are other options for borrowers in need of short-term financing in Colgate, Wisconsin, such as personal loans, payday loans, and credit card advances. It is important to carefully compare the terms and fees of these options before deciding which one is right for you.