Title Loans in Lauderhill, FL | Hartrey Title Loan Solutions

Hartrey Title Loan Solutions

One of the most important documents you get when you purchase a vehicle is the title because this document verifies that you are the vehicle's owner and have the legal right to operate it. You also need the title whenever you want to sell your vehicle because you sign it over to the purchaser and they then get a new title from the DMV in their name. But you also should keep your title carefully stored away in case you need it for car title loans Lauderhill, FL. These are a special kind of loans that our company, Hartrey Title Loan Solutions provides.

Why Car Title Loans Are The Kind Of Loans You Might Be Interested In

Maybe you stumbled across our page through searching for an alternative kind of loan, or maybe you came here by accident. Either way, our car title loans Lauderhill, FL are much different than most other loans you find yourself applying for. Most often you find yourself needing a loan because you've run into some kind of short-term difficulty. Maybe you live paycheck to paycheck and you're barely able to pay your bills and buy essentials, and you've found yourself in a situation where you've been met with an unexpected payment. Maybe you need some extra money to go on a long trip to see family for the holidays, or to give that special someone a surprise gift. Trying to borrow money from the bank or from friends or family in these situations may not be the most practical option. But getting a loan through Hartrey Title Loan Solutions just might be.

Car Title Loans - How They Work

Vehicles are like homes in that when you buy one, you now have equity in it. The equity also builds up if you've financed the vehicle and you continue to make payments. But be aware that your vehicle does depreciate with time and mileage adding up, so if you're 5 years into making payments on it, its market value may be significantly lower also dropping the equity in it. But what we do at Hartrey Title Loan Solutions is calculate your vehicle equity and let you borrow against it. Our car title loans Lauderhill, FL are usually about 25% to half of your vehicle's market value.

What you should know is that car title loans are secured loans, which means they need collateral in order for you to borrow money. Your vehicle is the collateral, but don't confuse these loans with pawnshop loans. Pawnshop loans usually take the collateral and store it some place until you pay your loan back. We don't keep your vehicle though because we only need the title. The title is signed to us so we can put a lien on it, and we simply hold it until your title loan is repaid plus interest. But you're free to keep driving your vehicle.

Car title loans Lauderhill, FL last for a minimum of 30 days, and if you need to renew your payment period, you can make arrangements with us and we can grant you an extension to your loan term. It's important to understand though that car title loans aren't intended to be used for a long period of time. There also is no penalty if you repay a car title loan even within days of taking it out. If you have a car title loan with another company and you need to have it refinanced, you can apply with us and we'll do an evaluation of your current loan, vehicle and vehicle title and offer a rebuilt title loan.

Apply And Know Immediately If You're Approved

To apply at Hartrey Title Loan Solutions, you'll need to have your vehicle title and a couple other documents that comply with state and federal law and confirm you can meet your loan terms. The federal law on car title loans states that you must be 18 or older to use a car title loan. You must also be a Florida resident with a Florida title, though your vehicle doesn't have to be registered in Florida. The following documents are what you'll need to have:

Photo ID such as driver's license, passport, permanent resident card or another government document with your photo, age and phyisical Florida address
Vehicle title showing no liens or financial obligations
A financial document such as a paycheck stub, tax return, monthly bank account statement or other income verification

Once you have those documents, you begin by filling out our online application and quote form. You'll get an idea of how much your loan will be and then receive a call from us arranging a time to visit our store in Lauderhill. Bring your documents and vehicle with you when you come. We inspect your vehicle to make sure it's in the condition that matches the equity for your title loan. While we're doing that, our staff inside go over your documents, give you the short paperwork to sign understanding your loan terms and payments, and let you know if you're approved. Once this is all done, we'll usually wire you your title loan funds within 24 hours.

About Our Company In Lauderhill

Hartrey Title Loan Solutions is located in Lauderhill, FL and our store is fairly easy to access from downtown. We do not approve or reject anyone for car title loans Lauderhill based on credit or past financial history. Our staff are happy to answer any questions you might have about car title loans and can make sure you understand all paperwork you sign. You can come by anytime we're open with or without an appointment.