If you are a resident of Hilton Head Island and are in need of a bad credit loan, contact us at TitlePlan and we will help you unlock the equity of your vehicle with a car title loan.
Hilton Head Island, otherwise known as simply Hilton Head is both a resort town and barrier island in Southeastern South Carolina. The island is perhaps most well known for boasting 12 miles of beachfront where visitors can sunbathe, splash in the ocean, and enjoy the summer season. In fact, while the permanent population is estimated to be around 40,000, the population can swell to over three times that during the peak tourist months.
Car Title Loan Requirements
If you are seriously considering taking out a car title loan, you are probably wondering what kind of documents you will be expected to provide in order to qualify. While all car title lenders are different in terms of what they need and what they don’t need when it comes to approving applications, there are some general documents that are required regardless of what company you are working with.
Here are the following documents you can expect to provide to any online title lender:
- Drivers license
- A copy of your car title
- Proof of income
- Details of your vehicle (may include photos, video, or an in-person inspection)
The entire process of submitting your application, have it evaluated, and qualifying for a loan can take less than 30 minutes. Here at TitlePlan, we make it our job to make sure that that process takes as little time as possible so that you can get the money you need when you need it. One thing to ensure that your process goes as quickly as possible is to make sure that you have the necessary proof of income so lenders know that you will be able to pay off your loan in time.
On top of that, the better quality your vehicle is in, the lower your interest rate will likely be, that means that you will be paying less in interest fees throughout the life of your loan and less money overall to pay your loan back in full.
What about my credit?
For most types of loans, you credit score plays an incredibly important aspect of your ability to take out a loan. That’s because your credit score tells loan lenders about your borrowing history. If you have a high credit score, lenders will know that you are a responsible borrower. They will feel confident in lending you money because they will feel confident that you will be able to pay it back.
On the other hand, if you have a poor credit score, lenders are likely to reject you because they don’t feel confident that you will actually be able to pay it back.
When it comes to title loans in Hilton Head, you credit score won’t keep you from getting the money you need. That’s because car title loans are secured loans tied to the value of your car. Because the value of your car dictates whether or not you qualify for a title loan in Hilton Head and how much that loan is worth, most title loan lenders won’t even ask for a credit score check!
Car title loans vs. payday loans
If you are in need of same-day lending, chances are good you are looking at your options. That’s smart, and there is necessary research that you should always do before agreeing to take out a loan. That being said, when it comes to same-day or bad credit loans, a title loan should certainly be your preferred option of a payday loan.
The reasons are quite simple.
First off, while payday loans are typically worth somewhere between $100 and $1,000, car title loans can be much more valuable. That’s because the title loan you are given will be based off of the value of your car. If your car is worth $10,000 for example, you could qualify for a loan from anywhere between approximately $3,000 and $7,000! At TitlePlan, our friendly staff will help you get the flexible loan you need when you need it.
The second reason why a car title loan in Florence should be your preferred source of same-day lending rather than a payday loan is because while title loan’s come with high interest rates, they’re not nearly as high as payday loans. That means that you are spending less money to take out your loan! It’s a win-win!
About Hilton Head Island
One of the major attractions that Hilton Head has to offer is the Coastal Discovery Museum. Year-round, the museum welcomes approximately 125,000 visitors who come to learn about the natural history and cultural heritage of the Lowcountry. The museum offers tours of its 68-acre property, and hands-on experiences in their salt marsh boardwalks, trails, a native butterfly exhibit, and a number of various gardens featuring indigenous flora of the region.
Title Loan Lenders in Hilton Head Island
- TitleMax Title Secured Loans ; 843-735-5254
1294 Fording Island Rd Suite A, Bluffton, SC 29910, USA
- Mortgage Network, Inc. ; 843-842-4004
1000 William Hilton Pkwy #205, Hilton Head Island, SC 29928, USA
- BB&T ; 843-686-7227
1008 William Hilton Pkwy Unit A, Hilton Head Island, SC 29928, USA
- Synovus Bank ; 800-708-5687
210 Central Avenue, Hilton Head Island, SC 29926, USA