The short answer is that you can get cash with rebuilt title loans, but the amount available with a loan may be less than your typical title loan. You may be wondering why someone would want to use a rebuilt title loan because the term “rebuilt” has such negative connotations. However, it’s important to understand that term can mean different things when applied to vehicles and in these cases rebuilt simply means that the vehicle was not totaled in an accident and is
still usable (i.e., able to run) and that means a lender will allow you to use it as collateral for a car title loan.
What Is A Rebuilt Title loan
Many people might think of rebuilt as meaning abused, misused, or damaged in some way but this isn’t always the case. Instead rebuilt titles mean your car has been damaged and the insurance company wrote if off as a complete loss. The good news is that there’s still value and a title loan company can use it as collateral for a loan. The reconstructed title loan process is straightforward and the funds can be deposited into your account quickly so you know if this type of loan is right for you, just look to Car Title Loan Lenders USA and begin your application online with us today.
How Much Cash For Rebuilt Title Loans
Other people might think rebuilt means completely damaged or not worth much but that’s not always true either. Rebuilt simply means it was repaired by the insurance company after an accident and then they wrote off the car as a total loss. You will need to visit one of our locations in California or surrounding states as we do recommend face-to-face communications with all applicants in order to ensure quick processing times. These rebuilt title loans are very simple and there’s no credit check to determine a loan amount.
The amount you can borrow on loans for rebuilt title cars will vary based on vehicle condition and current resale value, but rebuilt title loans can range from $1,000 to $25,000 with repayment terms of up to 36 months. Ultimately, it comes down to the condition of the vehicle and how many miles are on it.
Can I Qualify For A Rebuilt Title Loan With Bad Credit
Since rebuilt title loans are considered high risk loans, there is no credit check involved. Whether you have good or bad credit, car title loans will still be available for you. However, if your vehicle has had more than one lien or title loan before (and this is not your first online title loan), then the amount of money that you can borrow with your rebuilt car may go down. The first step to consider if you want to qualify is to start with a title loan estimate. By estimating the future monthly payments and loan payoff you can determine if rebuilt title loans near me are a viable option.
Loans For Rebuilt Title Cars With No Credit
Yes, you can still qualify for rebuilt car title loans with no credit history! However many of the companies in our directory of car title loan lenders will perform some form of a credit check to determine how much the actual amount on loans for rebuilt title cars, so it’s possible your request for an amount may be turned down. If it does happen, don’t get discouraged as there are other options to consider when you need emergency cash. You can always look into a cash advance or see if any other vehicles you own may qualify for standard online title loans.
If you have any further questions please don’t hesitate to contact one of our friendly staff members for more information. You can reach us toll-free at 1-866-515-9866 or use our online contact form to get started on your application.