There are many lenders that will approve people in need of cash with no credit check, limited credit or bad credit across the United States. One type of this (subprime)
alternate financing is secured with the title of the borrowers car. Before taking out one of these loans you should be aware of the following: Depending on the lender, you may be required to turn
over your car title and keys when you get the loan. They will loan you a fraction of the car value at a higher than normal interest rate. There is also no federal regulation of automobile title
loans, but some states have put some rules in place to regulate the interest charged by these lenders. You should also know that if you can't keep up with the payments on your car title loan or if
you default, the lender can repossess your car.
For your convenience, our staff has put together a list of car title loans lenders in the state of Maine.
Below is a listing of car title loan programs in Maine, that we were told, are currently accepting applications from individuals that wish to secure a loan using the equity in
their automobile. Note: This list is to be used as a reference only and we cannot guarantee that you will be approved for a loan. Please help us keep this list up to date and comprehensive by
emailing us at help@consumerbadcreditguide.com with car title lenders in your area. Please include the state and city where they are located.
Chicago Auto Title Loans - You can borrow between $ 100 to $ 50,000, which is determined by the wholesale value of the vehicle. Must have a vehicle title and a drivers license. Areas
served in Maine are Auburn, Augusta, Bangor Bath, Belfast, Biddeford, Brewer, Calais, Caribou, Eastport, Ellsworth, Gardiner, Hallowell, Lewiston, Old Town, Portland, Presque Isle, Rockland, Saco,
South Portland, Waterville, and Westbrook.
Location:
Please visit their website at http://www.chicagotitleloans.com/Maine-title-loans.html for further information:
Further information and additional lists in many U.S. States on car title loans and lenders can reviewed at Car Title Loans.
Tip: If you know you're going to be late with a payment, talk to the lender to try to work things out. If you and the lender reach an agreement, be sure you get the agreement in writing.
Contact your state or local consumer protection office to find out whether your state gives you any additional rights.