Do you plan to go on vacation, but don’t have the funds to do so? Are you going through any type of financial hardship right now and need emergency cash fast? Or do you have a loved one who is sick and the medical bills are piling up? There are so many reasons that you may need money on the go – during a financial situation.
Cash Loans for the Credit Challenged
Louisiana title loans seem to be the solution for many Ruston residents. So, don’t feel bad. You are not the only one caught in a financial web. No one says life is easy. There are sometimes when funds are low and you don’t know where to turn. More importantly, when you want money fast, you don’t want to have to fill out complicated paperwork or have a loan company delve into your financial past too much.
With title loans, you don’t have to worry about credit. All you need is to be 18 years or older, have a job (in some cases you can even get a title loan with no job)and the title for the vehicle you will use as collateral. As soon as you provide the title loan lender with the necessary documents required, your loan will be processed quickly. In fact, you could see the money in your bank account in as little as 24 hours, if not earlier.
The Legislative Process for Title Loans
Title 32 of the Louisiana Statutes governs the lending laws concerning motor vehicles and Title 51 governs laws related to trade and commerce. The Consumer Credit Legislation in Louisiana protects both the borrower and the lender in a title loan transaction.
