FEDERAL & STATE REGULATIONS
Cash Out Title Loans respects the informed use of consumer credit by adhering to federal and state regulations requiring disclosures about interest rates, rollover limits, fees, charges and terms. Before consumers assume any obligation they will be presented, in writing, with the exact rates, fees, and other details of their car title loan as required by federal and state Law.
SUBMITTING YOUR APPLICATION ONLINE
Submitting your your application online has absolutely no obligation. Based on the application, a Cash Out Title Loans representative will call you to discuss your title loan needs.
FACTORING OF INTEREST RATE/FEES/CHARGES
As noted above, federal and state law requires disclosures about the terms and cost of consumer credit. All rate and fee information will be disclosed to you by Cash Out Title Loans at the location before you sign any agreement. Please review all the rate information provided to you by our representative thoroughly and completely before signing any agreement. You are under no obligation to accept the terms provided by Cash Out Title Loans.
LATE PAYMENT POLICY
Cash Out Title Loans are trained to work with its members in the many different situations to bring you account back into good standings. Should an unexpected emergency arise which prevents you from making your payment on time, contact a Cash Out Title Loan representative where arrangements can be made. Furthermore, the vehicle will be liened to Cash Out Title Loans. as collateral for the loan. If you fail to repay the loan pursuant to your agreement, your vehicle may be repossessed and sold. Additional charges may also apply.
LOAN REFINANCE POLICY
For title loans you may request a rollover or refinance of your loan. Check your loan agreement for all terms and conditions.
With Cash Out Title Loans, our members credit score does not affect the interest rate, fees or charges determined for a title loans.
FAIR DEBT COLLECTION PRACTICES
Cash Out Title Loans undertakes all collection activity in strict compliance with the provisions of the Federal Fair Debt Collection Practices Act enforced by the Consumer Financial Protection Bureau and other Federal Agencies. Cash Out Title Loans follows all applicable laws, rules, and regulations. Applicable provisions of the Fair Debt Collection Practices Act prohibit the following:
- Contacting consumers by telephone before 8 a.m. or after 9 p.m.
- Contacting consumers by phone with the intent to annoy, harass, etc., or using abusive language at anytime.
- Collecting debt through deception or misrepresentation.
- Threatening legal recourse when no legal action is intended