Advance America partners with LoanCenter to offer Title Loans
Advance America is partnering with LoanCenter to bring new, fast title loan options to borrowers in several states including CA, FL, IN, MO, OH, SC and UT.
LoanCenter in Partnership with Advance America
Advance America is now working with LoanCenter to offer borrowers the chance to apply for quick access to funds based on the value of their vehicle up to $25,000.
That means that access to LoanCenter title loans are now available at all Advance America participating locations, as well as through AdvanceAmerica.net.
How do Title Loans Work?
Title loans, a form of secured loan, provide access to same-day money based on an estimate of your vehicle’s value if you are approved.
Title loans from LoanCenter provide up to $25,000 with rates as low as 36% APR on loans over $5,000. Advance America makes title loan referrals to LoanCenter. Loans are made by Wilshire Commercial Capital, LLC and other lending partners, and are subject to lender approval.*
While paying off a title loan, the vehicle remains with the owner, but the title is collateral for the title loan. That means failure to keep up with a repayment plan could cause the vehicle to be repossessed or sold. Borrowers should be sure that the repayment plan is doable within the borrower’s income.
Apply for Title Loans Online and In Person
Applying for a title loan online is easy through LoanCenter, where prospective customers can start the process by providing information about the vehicle such as its year, make, model and mileage.
Prospective customers can also apply for title loans by calling LoanCenter and getting an appraisal over the phone. Similar information will be needed to estimate the value of the vehicle to be used to secure the loan. Prospective customers will also need to provide documentation as requested.
To apply for LoanCenter title loans in person, visit any participating Advance America location.