California Title Loans For Cash

For those with a bad credit history, cash title loans, also known as pink slip loans may be the only source of emergency cash available. Because they are secured with a vehicle title, these loans are easier for people with a history of credit problems to obtain. All the borrower needs is a clear title on a vehicle that is paid off or nearly paid off to qualify.

Depending on the lender, these loans typically carry high subprime interest rates and may have strict repayment terms, additional lending fees and severe penalties for late or missed payments. Borrowers should always read the lending agreement carefully and strive to follow the predetermined repayment schedule closely.

Cash Title Loans for Emergencies in California

Many situations call for a quick cash loan including:

  • Emergency medical, dental or veterinary procedures
  • Unexpected auto repair to get a car back in use
  • Emergency home maintenance such as roof repair
  • Money needed for bail

In these situations, a timely payout is the most important thing. Approval for a cash title loan can come in a matter of minutes when a borrower applies online. In most cases, the borrower can have cash in hand within 48 hours, provided the necessary documentation is provided promptly.

Wilshire Consumer Credit provides higher-limit pink slip loans (in California, the minimum loan amount is $2,510) for subprime borrowers who need money quickly. This lender features flexible repayment terms, no prepayment penalty, a promise of complete confidentiality, and competitive interest rates compared to other lenders in the industry.