If you own your vehicle free and clear, you can use it as collateral in the form of a title loan when you’re in need of a quick surge of cash. Car title loans in Mississippi offer people just like you, who have come up short on money for one reason or another, a short-term loan to cover their debt or make an emergency purchase.
How does it work?
A title loan works by handing over the title of your vehicle as collateral to the moneylender until the loan is repaid in full. The amount you can borrow is based on the value of your car. However, don’t expect to be able to borrow the cars full value out of the loan. Most lenders will give you a loan for between 50 to 75 percent of the value of the car.
At Speedee Cash, we make it convenient and hassle-free to get a short-term loan. Title loans in Mississippi don’t require a credit check, with applications typically approved on the spot. A title loan is ideal for those instances when you need a little more money than what you can pay back in a single payment installation, like a payday loan. One of our flexible lending options is sure to be a right fit for you. Get started by pre-applying online immediately.