title loan background Car Title Loans in Bloomington, Indiana

Car Title Loans in Bloomington, Indiana


How much is my car worth?

Bloomington is a beautiful place to reside. However, even in beautiful places, emergency or unexpected situations can arise, causing people to find themselves desperate for money.

If you ever get into this situation or if you’re currently in it, then understand that you can always count on title loans from LoanCenter as a source of income.

Just in case you’re not knowledgeable about title loans, these are loans that are given to borrowers who possess a vehicle with the title in their names. These borrowers are asked to utilize their vehicle titles as loan collateral, thus protecting the loan and making it easier to get.

If you can meet the very easy stipulations for a title loan via LoanCenter, then there’s no reason that you shouldn’t be able to qualify, both for a title loan and the many bonuses that go along with it.

What Do You Need to Qualify?

So, you think you want a title loan? If so, don’t fret over your credit score or how much money you make. Unlike many other types of lenders, we’re willing to work with a wide variety of borrowers from all different walks of life. As long as you have an automobile that you own outright, a regular source of income, and will use your title as collateral, you can generally obtain one of our loans! 

And, how you spend the money is your decision. People commonly use loans from us to pay past due bills, to make it through a difficult month when their pay was less than expected, or to finance a big purchase. We never pry into how you spend the funds or why you need the loan in the first place. Our goal is simply to get as many people approved as we possibly can so that they can purchase the things they want and need in their lives. 

With that said, understand that the more your automobile is worth, the more money you can qualify for. So, if you have a newer car or a car that’s otherwise worth a lot, getting the money you want shouldn’t be difficult. You can generally borrow any amount that’s less than the car’s overall value.

However, drivers with less desirable cars can still borrow. And, sometimes, borrowing lesser amounts with an older vehicle or just not taking the total amount you’re eligible for can be sagely. It can make the loan more affordable and easy to pay back. Ultimately, we’ll let you know what you can borrow, and then you can make your own decisions from there.

Lenders Who Work with You

Here at LoanCenter, once we choose to work with you, we’ll keep working with you. We offer flexible repayment options, and we’re easy to deal with if you need to make any changes to your payment agreement. Just keep us in the loop! 

Also, unlike many other lenders, we do not charge a fee or punish you in any way for paying your loan off early. In truth, we think it’s a wonderful way for you to save money, and we even encourage it because we truly are on your side!

Does Your Credit Affect Your Loan Eligibility?

Wondering if we’ll check your credit? The answer is yes. We do typically take a look at your current credit situation and overall credit history. However, if these things are poor, don’t assume that you cannot borrow from us. We pride ourselves on always considering the “big picture” of a borrower and offering loans to people with both great credit and poor credit or even no credit at all.

What’s even better is that many of the borrowers who enter into a loan agreement with poor credit or no credit leave it with a much better credit score. That’s because, as you make your loan payments on time, this information may be reported to the credit bureaus, thereby raising your score. And, when you pay the loan off, that can also serve as a major boost to your credit score.

In these ways, a title loan could potentially help you both in the short-term and the long-term. Many of our borrowers, after successfully paying off their title loan agreements, are able to qualify for more and more diverse lines and types of credit in the future.

What kind of funds can I obtain with a car title loan?

Your earnings, general credit standing, and vehicle worth are all considered in determining how much you can borrow. .

Can you spend the loan amount on anything?

Your loan total is yours to allocate as you wish. Spend it on bills or on a major purchase. It’s up to you!

How do I get the process started?

Apply for a loan with LoanCenter immediately! The sooner you do, the sooner you could have funds in your wallet.

Contact Us Today

Store Locator > Indiana > Bloomington

Personal Loan benefits

  • Fast approvals
  • All credit scores accepted with proof of income
  • Repos and bankcruptcies OK
  • Keep your car during the life of the loan

If you have questions, we have answers. Head over to our Frequently Asked Questions.

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