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If you fall behind on a title loan, your car may be repossessed and later sold under your state’s law and your loan agreement. Repossession rules differ by state, including how soon repossession can happen and whether you may still owe money after the vehicle is sold. In Florida, for example, state law generally allows repossession only after 30 days with no payment past the loan’s maturity date, meaning its final due date, or past an agreed extension. In California, state law gives you at least 15 days’ written notice before a repossessed vehicle can be sold, but those 15 … Read more

In a Nutshell Do Title Loans Appear on Credit Reports? Whether a title loan affects your credit report depends on the lender. Some lenders run a credit check when you apply, which can lower your score slightly, but applying with Swift Title Loans does not affect your FICO® Score. Once the loan is active, it generally takes about 30 days to appear on your credit report. Most lenders do not report to credit bureaus unless there is a default. In such cases, they usually repossess the vehicle, which might show up on your credit report. Always verify if the lender … Read more

Looking for a same-day loan without an ID? Unfortunately, all lenders must legally verify your identity with a government-issued ID before issuing funds. However, if you don’t have a driver’s license, other forms of ID like a passport or state ID are often accepted. In a Nutshell: You cannot get a same-day loan without some form of government-issued ID, as it’s required by law for lenders to verify your identity before funding a loan. While a driver’s license is commonly used, alternatives like a state ID, passport, or military ID can be accepted. Some lenders may let you begin the … Read more

Key Takeaways You may be disappointed if you’re in the market for a car title loan and are looking for low interest rates. Car title loans notoriously have higher interest rates because lenders take a significant risk when approving them. Title loans are mostly for people with below average credit scores who cannot get approved for other loan options. The good news is that you can find competitive interest rates by shopping around and comparing your options between lenders. At Swift Title Loans, we work with our borrowers to ensure you get the auto title loan you can afford while … Read more

Key Takeaways: Classic car title loans offer a way to get fast cash when you have a financial emergency. The loan process is quick, and your credit scores don’t matter. Lenders, like Swift Title Loans, focus on the car’s value to determine if you qualify and whether you have proof of stable income to repay the loan. Here’s everything you must know about title loans on classic cars. Are Title Loans on Classic Cars Possible? Yes, it is possible to get a classic car title loan. Just because you have an older car doesn’t mean a title lender won’t offer … Read more

Key Takeaways: If you need emergency cash and wonder where to turn, the answer might be in your old car. Title loan companies offer title loans for older cars all the time. The age of the vehicle isn’t a factor they focus on. Instead, they look at the car’s current value and ensure there’s enough money to borrow and keep its value. So, when wondering if I can get a title loan on an old car, the answer is usually “yes,” but it depends on whether you meet the criteria. Fortunately, title loans have simple qualifying requirements and even allow … Read more