Durham Car Title Loans

When you just can’t wait for cash, a car title loan is your ticket to the money you need. In just a few minutes you could be set up with a loan that requires nothing more than a clean car title to qualify, and you could even have money in the bank in as little as 24 hours.

Title loans are a unique type of loan that lets you put your car up as collateral without having to actually turn over your vehicle. You keep the car for the life of the loan, and your lender simply hangs onto the title as collateral.

This allows the lender to borrowers more cash in less time, since the title secures the line credit. It often takes less than a day for cash to hit a borrower’s account, and generally, they have around a month to pay everything back including interest and fees. Once the loan is paid in full, the lender returns the title to its rightful owner without any hesitation.

In the meantime, the borrower gets some quick cash to help them when things are tight, financially. Durham car title loans aren’t designed to be long-term loans, and they won’t work in quite the same way. They will, however, get you the money you need when you need it most, which is what makes them such a powerful borrowing option.

Getting A Durham Car Title Loan

Getting yourself a Durham car title loan is quite simple. All you have to do is let us know a little bit of information about your vehicle, you’ll receive a car title loan estimate, and we will set you up with a Durham area title lender that can get you a loan with the terms you’re looking for.

It’s important to keep in mind that in North Carolina, there are some restrictions when it comes to title lending. To help keep borrowers safe, all of our partner lenders are totally compliant with state regulation, and actively work to ensure borrowers understand their loan terms and payments.

To help you know what to look for, here are a few basics that apply to every Durham car title loan:

  • Interest rates can be no more than 36 percent annually
  • All loans must have a clear contract stating amount borrowed, interest, and fees
  • Small loans cannot exceed $10,000

If you have been working with a lender that you do not think is compliant with the state, or if you feel they have been abusing your rights as a borrower, let the Consumer Financial Protection Bureau know immediately.

To help ensure that you always get a trustworthy Durham car title loan, all you have to do is give our office a call. We have years of experience with North Carolina title loans, and we know what loans get borrowers the best deals. We’ll do the hard work so that you have to do is get your money and get on with your life.

Car Title Loans Durham