Welcome to Qik Title Loans Los Angeles’ FAQ page. We want to answer all the commonly asked questions. If your topics aren’t answered on this page then give us a call at (310) 928-1311! A loan officer will be happy to tell you more in details!
Who is Qik Title Loans Los Angeles?
Qik Title Loans Los Angeles is an alternative lending company that have been active in the industry for almost 15 years. We desire to help those who need short term loans but are in the down and out. Car title loans can be less demanding not to mention faster in comparison to home equity loans and more stable than payday loans.
What’s a Car Title Loan?
A car title loan is meant to be a short-term personal loan where you can utilize your vehicle as collateral. Our company adds a lien on top of your vehicle while you continue to drive your car. When your loan is paid off, we will return your title. Car Title Loans are also sometimes known as title loans, pink slip loans or auto title loan.
How does someone qualify?
1. Client is required to be at least 18 years of age.
2. Vehicle must be newer than 1999.
3. Vehicle needs to be at least $2,500.00.
What papers do I need?
1. Proof of Insurance
2. Driver’s License or ID
3. Your car title
How much can I get?
The amount is determined by the exact worth of your motor vehicle. How much worth it is depends upon the examined worth of your car. Something like the make, model, year, miles and additionally overall condition of the vehicle can affect its valuation. We could give you an easy offer over the telephone (awaiting our examination of the automotive to be more precise). This excellent rate cost nothing and even exclusively and quickly. Why not give us a call at (310) 928-1311.
So what happens to my car?
We’re here to dispel the myth that we forcibly take your car from you. Since it’s your vehicle, you should have the ability to keep it and use it! You won’t need to hand your car over to us at all. Instead, since your title is handed over to us, we will hold temporary ownership until you pay the loan back. Once the loan is paid back, we will return your title to you.
What if I declared bankruptcy or have low credit? Will it affect whether or not I qualify?
Nope, not at all. Even if you had to file for bankruptcy or have a terrible credit score, we won’t count it against you. Rather, what qualifies you for the loan is the equity of your vehicle. So even if you’ve declared bankruptcy in the past, but you have a vehicle that has enough equity, you will still qualify for the loan. This is the main reason why Qik Title Loans Los Angeles is an effective alternative for those who have horrible credit and could not be approved for a conventional loan. We are able to finance you through a car title loan.
How long does the loan process take?
Our loan process is extremely easy and fast to process! Approval can take just 15 minutes! You can fill out our short application in less than 5 minutes. If you call in, we will be able to give you a fast quote for your loan estimate. When your entire application is complete and you’re approved for your loan, then you will be granted the money immediately. We want this experience to be easy and hassle-free for all our clients.
How long is the term of the loan?
It depends on you and whether or not you are wanting to take things slow or pay the loan off immediately. A typical term is around 24 months. However, we don’t penalize you for paying the loan off as quickly as possible. So whenever you want to pay off the loan, we allow a flexible term. The great thing about Qik Title Loans Los Angeles is that we can set up a repayment plan for you in monthly installments so that the payments will not be a heavy burden for you.
What should I do if I can’t make a payment?
When you’re struggling to make your minimal pay back by the date, call (310) 928-1311 to ensure a different temporary transaction agreement.
Can I pay off my loan early? Is it possible?
Absolutely, in the event you compensate a Qik Title Loans Los Angeles’ loan away early, it just saves you more money! If you take a loan out for one full year but then pay it off on the 5th month, you’ll save the interest repayments for the remaining (7) months. Which means you will never be invoiced in excess of the few months the loan is outstanding.
Can I change my personal due date?
When you’re not able to generate a repayment with your scheduled target time, simply call (310) 928-1311 so that you can consult an extension.
How do I completely pay off the loan?
To repay your loan in complete, post an email or call (310) 928-1311 to ask for a full loan payback. You could pay off your automobile title loan at any moment. Qik Title Loans Los Angeles does not punish individuals for paying promptly.
Do I have to worry about my privacy?
Help us help you get out of your financial disasters now and call us (310) 928-1311 today.