Title Loans in Rolling Meadows, IL

When it comes to owing money to certain collectors, the courts can be very unforgiving when any payments are missed. If you get a traffic ticket, failing to pay by a certain date could mean having your license suspended or possibly having a warrant issued for your arrest.

You could also be facing similar legal consequences if you owe payments to a spouse such as child support or alimony. While sometimes they can offer alternative options if your income situation has changed suddenly, you usually need to come up with the cash or face the consequences. One place to find emergency cash is through title loans in Rolling Meadows.

Why Title Loans In Rolling Meadows Are Ideal For Emergencies

Borrowing money for emergencies is usually not a viable option through banks. Most of their loans are intended for long-term needs such as buying houses or vehicles, or in the case of personal loans using them to consolidate large debts.

Fortunately banks aren’t the only lenders in town, and Illinois allows other consumer financing agencies to operate including those who provide title loans in Rolling Meadows, IL.

Unlike most banks and credit unions, auto title loan providers usually care less about a FICO score or what you’ve had happen with debt in the past. Instead, they’re more concerned with the vehicle you own and your current income situation, and there’s much less paperwork and wait time involved with title loans online.

Low Rates on a Car Title Loan in Rolling Meadows

We have a location in Rolling Meadows and also serve the neighboring towns. An auto title loan in Rolling Meadows is a great way to fix your financial problems today. At Rolling Meadows Car Title Loans, we have the lowest rates in the state, guaranteed.

A Rolling Meadows title loan is a smart move because you get a loan regardless of your credit, you can keep your car, and you have the option of a long term plan so you can make smaller payments. Other title loan companies lend at higher interest rates, for shorter loan periods, and give you less money. They don’t want to help, they just want to get your money. We want to help you!

What Lenders Require With Title Loans In Rolling Meadows, IL

Since Rolling Meadows title loans are usually smaller amounts than bank loans and aren’t subject to as many regulations, you don’t have many requirements to be approved for them. You basically just need the following three things:

1. A vehicle that’s in fairly good condition

2. The title which must show that you completely own it and have no liens on it

3. Sufficient monthly income to make payments

The lender will calculate what your vehicle is worth, and the loan principal will be a portion of that amount, usually anywhere from 20℅-50℅. The vehicle is used as collateral which is why all auto loans and other liens must be paid off. But you can still keep driving it because the lender only needs to keep the title and not the vehicle.

But basically they’ll give you cash for your title, and when you repay the principal and interest before the due date, the title will be returned.

Limits On Illinois Auto Title Loans

Auto title loans in Illinois can be used for any personal or business expense, but there are a few laws you should know about using them. The first is that you can only borrow up to $4,000.

The second is that you can extend your loan due date if you pay off your interest amount instead of the total amount, but you will need to amortize the loan eventually by including a percentage of the principal after extending your loan a second time.

And finally, you must wait at least 15 days to take out either a new title loan or payday loan after you’ve finished paying off either type of loan, and you cannot use more than one title loan at once.

To apply for our title loans in Rolling Meadows, you just need to enter the correct information in our form. You will get a car title loan estimate online first, but you’ll then need to bring your vehicle to our title loan store in Rolling Meadows as well as your title and the following two documents:

  • Photo ID that’s government-issued and shows you’re at least 18 years old
  • A pay stub, bank statement or other form detailing your income

Filling out the online application helps in-store visits to go quicker, and you can choose a variety of ways to receive your funds. Approval decisions are made very quickly and you can often receive your funds the same day, although we do ask that you allow up to 24 hours.

Because we have so many business locations, it makes it easy for us to come to you to bring you your money. We have a determined staff that delivers customer support to everyone, and you can call us during nights and weekends. Do not misuse another day trying to discover a means out of your money worries while the bills pile higher and higher. A Rolling Meadows car title loan can get you that fast money.

Get Free Quote!

Yes, I agree to “Opt In” to receiving Text, SMS and MMS Messages in communicating account information as well as offers and promotions. By making this selection, I understand and agree to receipt of text, SMS and MMS messages at the mobile number that I provide. I know my selection is not necessary in order to apply for a loan and that I can “Opt Out” at anytime.

I have read and agreed to the Wireless Policy, Privacy Policy and Terms and Conditions.