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Lenders often have a strict cap on the amount of money they will lend in exchange for placing a lien on a car. 50 percent of car value: While the maximum loan amount varies, the amount a person can lower personal loan interest rates in india for a title loan is never more than half of their cars value. One paycheck: Payday loans can be for any amount, but they are traditionally only written in the amount of one full paycheck (or less) so borrowers will have fast cash loans pittsburgh pa money in their account when their check is cashed.
Length of loan. Title and payday loans are short-term loans, meaning borrowers get the money quickly but also have to pay back the amount they owe with interest in a limited amount of time. The length of time a borrower has to pay back their loan varies from lender to lender, but there are some industry standards.
Some borrowers, however, use cash advances for several months. Cash advances should not be used as a long-term financial solution, and extended use may be expensive. Borrowers with credit difficulties should seek credit counseling. All product and service options subject to change without notice. Cash advances subject to applicable lender's terms and conditions.
Licensed by the California Department of Business Oversight pursuant to the California Deferred Deposit Transaction Law. California loans other than deferred deposit loans are issued pursuant to the California Finance Lenders Law. Principal address 7755 Montgomery Road, Suite 400, Cincinnati, OH 45236.
Same day funds available only to customer who apply at an Allied branch location.
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