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Can I Use a Title Loan to Pay for Bail Bonds?

If you quickly need to find money for bail bonds, you might be wondering what to do. Depending on how much you need, friends or family members might be able to help, but chances are you’ll need more than they’re willing or able to lend you. So, what’s the alternative? Fortunately, if you own your own car, you may still have an option.

How Can I Get Money for Bail Bonds?

Depending on the nature of the alleged crime and the state in which you live, the minimum bail amount could be five hundred dollars, but it’s usually a lot higher. More often than not, bail could be set at thousands of dollars, even for relatively minor offences. Most don’t have access to that kind of money, especially at short notice. Borrowing the money from a friend or family member might be an option, but only if they have the cash available.

On the plus side, you probably won’t have to pay your friend or family member a fee – unlike a bail bond agent. This is someone who’ll pay the bond for you, but, of course, they’ll charge you a premium for their services. This usually between 10% and 15% and is often required to be paid upfront. For example, if bail is set at $5,000, this means you might be required to pay $750 to the agent first.

With nearly 40% of Americans unable to find the cash to pay a $400 emergency bill, this could be a problem for many. A payday loan could provide the cash you need to pay the bail agent’s fee, but there may be limits on how much you can borrow and you may be required to pay it back within a month or less. Beyond this, a payday loan could also come with an expensive price tag, with many having interest rates of over 300% APR. There’s another problem you might not be aware of: bail bond agents are illegal in some states, and if a bail bond agent isn’t an option, what else can you do?

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What Are My Loan Options for a Bail Bond?

Depending on how much you need, you might have also considered an unsecured personal loan, but there are a couple of potential problems here too.

Firstly, many lenders require borrowers to have good credit. You may have an excellent, unblemished payment history, but if your credit usage is high, your score may be low. As a result, some loan companies might not be willing to lend you the money you need.

Secondly, you probably need the money in a hurry, and some lenders can take days to get you your money. This won’t be much help if you’re trying to get the money today, or even tomorrow.

The solution? A car title loan could provide you the funds you need within the time you need it. Since you’re using your car’s title as collateral, your credit score isn’t a major factor in the decision-making process, and you could get your money within 24 hours or less.1

Once the loan is taken out, the lender places a lien on your vehicle. You can continue driving your car as you make your payments, and once the loan is repaid, the lien is removed.

Introducing ChoiceCash Title Loans, Serviced by LoanMart

In most cases, the biggest benefit to getting the loan is having the money you need, but once the money’s gone, so are the benefits. You’re then left to make the payments, and with some loans taking five years or more to repay, it can often seem as though you’re tied to a commitment you no longer want or can afford.

A ChoiceCash Title Loan, serviced by LoanMart, works differently. When you make your payments on-time, your interest rate drops a little, causing your payment to drop too.2 By putting the money you need back into your pocket, this gives you a benefit that’s hard to beat, with your payment potentially dropping by nearly half by the end of your loan.

If you get your bail bond refunded, you can use it to repay the loan before the maturity date, with no prepayment penalties.

What Documents Do I Need for a ChoiceCash Title Loan?

Another advantage to a ChoiceCash Title Loan, serviced by LoanMart, is that you don’t need a lot of documentation to apply.

  • Proof of Income – You can provide pay stubs, bank statements, or award letters
  • Proof of Residence – Two pieces of mail from the past thirty days
  • Vehicle Title – You must be listed as the owner of the vehicle
  • Vehicle Photos – All four sides, plus the odometer and VIN
  • References – Either personal or professional

You can submit these online, through email, or even via an SMS text message. Once your documents are received and verified, your loan could be funded in an hour.1 You can then choose to have your money transferred directly to your bank account, have a check overnighted to you, or even pick up your cash at any number of convenient MoneyGram locations.

The whole process, from start to finish, can also be completed without ever needing to leave the comfort and safety of your own home.

How Can I Apply for a ChoiceCash Title Loan?

Submitting an inquiry for a ChoiceCash Title Loan couldn’t be easier. Simply apply online by submitting your information or calling 1-855-914-2945  toll-free to speak to a friendly loan representative. Answer a few brief questions about you and your car and you could find out in minutes how much you might be able to borrow.1

It can be a stressful time when you need money for bail bonds in a hurry, but borrowing the money shouldn’t add to your anxiety. Apply for a ChoiceCash Title Loan by calling 1-855-914-2945 or going online to get the help you need today.


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After filling your application form online, our title loan specialist can help you find the best way to pick up your cash in less than 24 hours.

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