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A title loan is a type of loan utilizing the value of your car or truck as collateral to secure the loan. Title loans in Indiana allow Hoosiers to borrow money they may not otherwise be able to due to poor credit scores or limited timing.
Because the loan uses a title of a vehicle to get cash, there isn't a need for a credit check. The value of the vehicle is all the security the lender needs that the loan will be repaid.
People with poor credit cannot find institutions willing to lend them money. The risk is too great. After the credit crunch during the recession, the traditional lending institutions abandoned everyone who didn't meet strict credit standards.
Hoosiers still needed to borrow money for home repairs, to pay off bills, pay taxes, buy gifts, catch up on rent, or handle personal emergencies. Chicago Title Loans has been there to help.
PremiumLoans may act as the broker for the loan, and may not be the direct lender.
All loan applications are subject to meeting our credit criteria, which includes providing acceptable property as collateral. Consumers need to demonstrate ability to repay the loan.
Loans made or arranged pursuant to a California Finance Lenders Law License.
PremiumLoans is located at 1276 E Colorado Blvd #208, Pasadena, CA 91106