TITLE LOANS IN DAYTON OH

What's Required To Get A Title Loan In Dayton OH

Get approved for a car title loan in Dayton by submitting your fully paid off vehicle as collateral. The vehicle must be registered under your name, free of other loans, and registered in Ohio. Using the equity as collateral, we will provide you with a loan amount alongside the terms and conditions of the car title loan. We will also request proof of income, like bank statements or pay receipts, and comprehensive insurance coverage on the vehicle to ensure it is protected against potential incidents or theft. A valid ID (driver's license or passport) is also required, and some lenders may require you to submit photos of your vehicle to verify its resale value and ensure it doesn't have any mechanical issues, as well as VIN and mileage verification. 

Loan Amounts, Rates, And Repayment Terms for Title Loans In Dayton

For Ohio residents, loan amounts range from $2,000 to $20,000, determined by the vehicle's equity, repayment terms, interest rates, and vehicle conditions. Interest rates are calculated based on the car's resale value, with most lenders in Dayton offering rates that average 30% monthly. These rates may seem high, but it's important to consider that car title loans are designed for financial emergencies and people with poor credit who can't get approved for a bank loan. Applicants in Dayton, OH, can choose repayment plans ranging from 12 to 48 months. Call Hyperlend today at 800-971-3022 to get a same day quote that shows the repayment terms, loan amount and interest rates for a title loan!

Bad Credit Title Loans In Dayton

You don't have to worry about bad credit since Hyperlend uses the equity of your vehicle to underwrite your application for a title loan. We'll provide an instant lending decision and match you with a direct lender in Dayton. Your FICO score and past creditor payments don't determine your ability to obtain loan approval, as your pink slip serves as collateral while you make the monthly payments. The only thing to remember with this type of loan is that if you fail to make the payments, you risk having the vehicle repossessed. Contact Hyperlend at 800-971-3022 if you're facing an imminent repossession from a title loan lender in Ohio. We'll work with you to see if there's any way to reduce the APR or lower the monthly payment with a title loan refinance.

Car Title Loans In Dayton - What Else To Know

Hyperlend has offered access to car title loans in Dayton for years, and we prioritize our customers' needs and lending requests with every loan application. When applying with Hyperlend, you can get an initial pre-approval in minutes. All we need is basic information about the vehicle, your requested loan amount, and repayment terms. Another thing to know about these loans is that you can use any registered vehicle as equity for a title loan. That means title loans are an option for motorcycles, RVs, semi trucks, and boats. Anything with value can qualify and you'd be surprised how much equity is available with newer low mileage vehicles.  Apply today with Hyperlend using the online form or by calling 800-971-3022.