Located in southwester Los Angeles County, Inglewood is perhaps one of the more iconic cities that make up the greater Los Angeles area. With a population of approximately 110,000, Inglewood is home to culturally rich communities that have called Los Angeles home for generations. If you are a resident of Inglewood and need cash fast, know that there are countless car title lenders in your area that are waiting to work with you. Car title loans are great to LA residents, because not only can you get the money you need for you car, you do not have to change anything about the way you drive and operate your car during the term of your loan.
Why Are Title Loans So Popular?
Car title loans can be a great asset to those who are facing dire financial straits, and are so popular because of how flexible they are and because of how quickly and easily they can be secured. In fact, it is not uncommon for the entire application and qualification process to take less than an hour. That means that you could have the cash you need in hand within an hour of filling out your application!
What Are Car Title Loan Amounts Based on?
The amount you can borrow is anywhere between $2.600 and $50,000 in the state of California, but what you can borrow and what you will borrow are two very different things.
Because car title loans are collateral loans based off of the value of your vehicle, there are several things related to your vehicle that will decide the amount you get.
- The mileage on your vehicle
- The age of your vehicle
- The condition of your car both body and mechanical
- You car’s current resale value
What If I Have Bad Credit?
For many types of loans – even some kinds of secured loans – your credit score still plays a very important role. Credit scores tell lenders what your borrowing history is like, and if your credit score is low enough, it might force lenders to reject your application altogether.
This on its own is bad enough, but it’s especially bad when you are facing a cash emergency that requires you to get a loan as quickly as you can. Luckily, most car title lenders do not require a credit score check in order to approve loans. It’s just one of the facets of care title loans that make them so popular for those who need cash fast.
Title Loan Lenders in Inglewood
- Spectrum Auto Title Loans ; 877-394-8521
6816 S La Cienega Blvd,
Inglewood, CA 90302, USA - Green Car Title Loans Inglewood ; 310-307-3407
953 N Cedar St,
Inglewood, CA 90302, USA - TitleMax Loans ; 31o-693-5219
10011 Hawthorne Blvd,
Inglewood, CA 90304, USA - Advance America ; 310-677-7576
240 N Market St,
Inglewood, CA 90301, USA
Car Title Loans vs. Payday Loans
If you are facing a cash emergency, another type of loan you are probably considering is a pay day loan. While a pay day loan may seem like a good option, especially because it is an unsecured loan, there are a number of reasons why title loans should be the preferred method to same-day borrowing.
The main issue why car title loans should be the preferred same-day loan type is because unlike pay day loans, car title lenders will never charge unreasonable interest rates. A reasonable interest rate means that you won’t be gauged by lenders to borrow the money you need.
About Inglewood
Los Angeles is filled with iconic landmarks, and many of them are smack dab in Inglewood. First and foremost, stands The Forum, a massive music and former sports venue that has hosted acts like Elvis Presley, Led Zeppelin, the Jackson 5, and countless more. On top of that, the Los Angeles Lakers won multiple NBA championships while calling The Forum home. While The Forum is no longer a sports venue, professional sports will once again call Inglewood home once the Los Angeles Stadium at Holly Park is built. It will host the Los Angeles Rams.