Apply For A Car Title Loan In Bakersfield CA

Title Loans In Bakersfield With California Title Loans

Have you been struggling to pay bills, or are you facing a financial emergency? California Title Loans now offer fast approval title loans in Bakersfield for anyone who has a lien free vehicle and can verify their income. These title loans can be a lifesaver if you have bad credit and need to borrow more than $2,000, and the repayment term and loan amount are entirely up to you. Unlike a traditional loan, you don't need perfect credit with a car title loan, and your vehicle's equity value determines your loan amount, not your credit history.

Are you looking to borrow upwards of $10,000? Some customers can access up to 60% of their vehicle's resale with a title loan in Bakersfield, and you may be able to get the funds through a bank wire, money order, or direct deposit within one business day or less. Call California Title Loans at 855-339-1001 or apply online to start your application!

What To Know About Car Title Loans In Bakersfield

- You'll need a clear title for your car. The vehicle must also be lien-free, and no other lenders can be listed on the pink slip.
- The resale value of your car determines the funding amount. Borrowing 40% to 60% of the car's equity can lead to a $2,500 to $15,000 loan in Bakersfield.
-You can repay your loan anytime with no early payoff penalty or fee. Even if you commit to a repayment term of 3 years or more, there's no reason why you can't pay the balance early and save a considerable amount of money in interest.
- There's always a risk of repossession with a title loan. That's why you must stay current on the payments and contact your lender if you fall behind or can't pay the full amount each month.
- Car title loans in Bakersfield typically have high interest rates, so you should only borrow what you need and pay the balance early if you have extra cash. While these rates aren't as high as some payday loans, with rates approaching 50%, they're still tricky to repay if you only pay the minimum monthly payment.

Bad Credit Car Title Loans In Bakersfield

Car title loans in Bakersfield are available to anyone with a clear title for their vehicle, regardless of their FICO score or credit utilization. You also need to verify your income with bank statements or employment details.

While a title loan company may still run a standard credit check, they mostly look for active bankruptcies. As long as you own a vehicle worth $5,000 or more and don't currently have any significant loan defaults, you should be able to qualify for a car title loan in Bakersfield. Call California Title Loans at 855-339-1001, and we'll work to get you approved for a bad credit title loan with cash in hand in less than 24 hours!

Loan Amounts For Car Title Loans In Bakersfield

Loan amounts are based on your vehicle's resale value, and you can borrow $10,000 or more with a car title loan in Bakersfield when you apply with California Title Loans! We work with local lenders in Kern County that offer in person cash for your vehicle's equity. As long as there's equity in your paid off car, you should be able to borrow some money even with a bad credit score! Most applicants with a 2014 or newer vehicle will qualify for at least $2,500 in CA.

There are a few ways to check your vehicle value in California. One way is to look online and get different price points from vehicle valuation services that track recent sales in your state. Those who live in Bakersfield can meet with a local auto dealer and get a real-time quote or estimate for the car's value. The last and most convenient option is to apply with us and check the title loan value of your vehicle. All we need is the year, make, and model, and we can estimate your car's resale value in minutes!

Lending Terms For An Online Title Loan In Bakersfield, CA

The payment terms for online title loans in Bakersfield will vary depending on your estimated loan amount and vehicle value. Anyone can expect a reasonable payoff term based on the vehicle's resale value and your ability to make monthly payments on the loan. In some circumstances, expect a payoff term to start at four months and extend to 5 years. As of 2024, most title loans in Bakersfield are paid off within three years.

Some lenders offer extended payment terms for those who need extra time to repay the loan. The more time you need to pay off the loan, the higher APR you can expect. Conversely, the quicker you repay the loan, the less you will pay in interest!

Are you looking to lower your interest rate or get a quicker payoff term by refinancing your current title loan? California Title Loans can help you, as we offer fast refinancing options for anyone with a title loan interest rate of 50% or more. Recent underwriting changes have led to interest rates of 36% or less on title loans in Bakersfield, and we may be able to reduce your rate by refinancing.

Apply Today For A Title Loan In Bakersfield

The application process is quick and easy if you're ready to apply for a car title loan in Bakersfield. Call California Title Loans at 1-855-339-1001 or complete our online application to get cash in 24 hours for the equity in your vehicle. We'll get you a quote in no time, and all we need is general information about your vehicle and some contact details!

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