? Popular with families, retirees and professionals, Boca Raton, Florida is family-oriented, beach-centric and expensive, especially for housing. Living there could make it challenging to come up with the cash for a large unplanned expense, particularly if you lack the credit for a traditional bank loan. Fortunately, this is where a ChoiceCash car title loan may be useful. All you need to get one is a verifiably steady income and a vehicle titled in your name.1 With that in mind, here’s what you need to know about title loans in Boca Raton, FL.
What Are Choicecash Title Loans All About in Boca Raton?
A car title loan uses the title to your vehicle as collateral. The lender places a lien on your car’s title when you accept the funds and releases it when you pay the loan off. To qualify, you must own a vehicle of adequate value to support the loan and show proof of steady income. A significant advantage of this form of borrowing is that you can retain full ownership of your vehicle throughout the loan term and continue driving it. However, it is important to remember the lender can sell your vehicle to recover your remaining balance if you default on the loan.
Who Is Eligible for a Title Loan in Boca Raton?
At ChoiceCash, we make it as easy as possible to get the loan you need as quickly as possible. To qualify for a Boca Raton auto title loan, you need only meet a few basic requirements:1
- Be at least 18 years old
- Live in Boca Raton
- Have a reliable income source
- Own a vehicle with enough equity to cover the loan
- Meet the basic loan underwriting criteria
That’s it, there are no complicated hoops to jump through in your time of need. We determine your car’s value based on factors such as the vehicle’s make, model, age and overall condition.1 While newer vehicles often qualify for higher amounts, we also consider older cars or cars with higher mileage.
What Can I Use a Title Loan for in Boca Raton?
Unlike student loans, mortgages or car loans, ChoiceCash loans give you the freedom to decide how you will use them. In fact, you can use them for any personal or household need. There are no rules or restrictions. Typical uses include unexpected medical bills, emergency travel, veterinary care or funeral expenses.
How Much Can I Borrow From Choicecash in Boca Raton?
With ChoiceCash, you could qualify for up to $15,000, depending primarily on your income and your vehicle’s value.1 Our loan amounts are flexible, so you can borrow as much or as little as you need – within your approved lending range – to suit your needs.
What Documents Are Required for a Choicecash Title Loan in Boca Raton?
To make sure the application process for your ChoiceCash title loan in Florida goes smoothly and quickly, it’s a good idea to gather the required documents in advance. Upon approval, you will need to supply:1
- Valid government-issued ID such as a driver’s license, ID card or passport
- Proof of your Boca Raton address, this can be a recent utility bill, credit card statement, or a current lease agreement
- Proof of income, including paycheck stubs, bank statements or similar records
- Recent photos of the car, including its exterior, interior, VIN and odometer reading
- You may also need to provide a DMV form granting permission to place the lien
How to Apply for Title Loans in Boca Raton
You need a quick and reliable solution when a financial emergency hits, not a long, complicated application process. That’s why ChoiceCash keeps it simple. Here’s how to get your loan started:
- Complete a quick online application, or call 855-422-7402 to apply by phone1
- Submit the documents listed above
- Review and sign the loan agreement
- Deliver the title document
- Get your cash
We often make loan approvals within the hour. Once documents are verified, funds are typically available by the next business day – sometimes even sooner.1
What Are Local Cash Pickup and Payment Options?
Getting your funds is easy with ChoiceCash. If you have a bank account, you can choose direct deposit for fast access. If you prefer another method, we offer cash pickups at authorized locations, as well as funding to a debit card and wire transfers to give you the flexibility to fit your needs Repayment is just as simple. You can choose from a number of options, including automatic withdrawals from your bank account or payments by debit card. Payments by phone, MoneyGrams or in cash at participating money transfer locations are also accepted.
What Are the Benefits of Securing a Choicecash Title Loan in Boca Raton?
There are several reasons turning to a ChoiceCash auto equity loan to help you deal with a financial emergency can be a good idea. The benefits of ChoiceCash title loans include:
- Monthly payments that can decrease over time. With ChoiceCash, your interest rate – already competitive when compared to similar forms of lending – may drop monthly if you stay in good standing. This reduction can help you save money on interest payments.2
- Driving your car while paying off your loan. With ChoiceCash, there’s no need to give up your vehicle while you make regular, on-time payments.
- Flexible approval. Past financial challenges are not insurmountable barriers to getting vehicle-secured loans. While we do review your credit, we primarily determine approval based on your ability to pay – not your credit score.1
- Transparent terms. ChoiceCash has no hidden fees or surprise balloon payments. With our clear, straightforward terms, you can apply with confidence.
What Are Some Common Misconceptions About Title Loans in Boca Raton?
Car title loans can be a lifeline when you need quick cash, but don’t qualify for traditional bank loans. Unfortunately, certain misconceptions have sometimes prevented people from taking advantage of this option. Let’s set the record straight:
Myth: You must surrender your car.
Fact: With auto title loans, you can keep driving your vehicle while making on-time payments.
Myth: You need good credit.
Fact: Even if you’ve had past credit challenges such as credit card charge-offs or bankruptcies, you may still be able to get a title-secured loan.1
Myth: You must be employed.
Fact: While we do require proof of income to ensure you can make payments. Your income doesn’t have to come from a traditional job. We also accept income from sources such as Social Security, disability and retirement benefits.1
Many of your fellow Floridians, including those in Hollywood, Hialeah and Cape Coral know a ChoiceCash title loan can be a fast and convenient way to access the funds you need in Boca Raton. Apply today to see how quickly a ChoiceCash loan can help solve your problem!1
The addresses shown below display the nearest participating MoneyGram locations in the general vicinity:
