Get Free Quote

Welcome to

Erb Farm Lender

Title Loans in Royal Palm Beach, Florida

Learn More Get free quote

How To Apply

As we mentioned, you must be 18 or older for a title loan, which is a loan where your car acts as collateral. That age minimum is set by the federal government, but the rest of the regulations on title loans are set by the states. Here at Abbington Finance, we have title loans Lewisville, which means that we always follow the regulations here in Texas.

There isn’t too much to know about title loan regulations in Texas. You’re looking at a low maximum interest rate of just 10 percent, but it should be noted that the title loan could have fees besides interest. One of the best parts about getting a car title loan in Texas is that the state has no cap on how much you can borrow. With a car that’s valuable enough, you could receive a title loan for several thousand dollars.

Texas also has no minimum when it comes to term lengths on title loans, but you can expect your loan term to be for 30 days. That tends to be the standard that lenders use, both in Texas and most of the other states. The due date for your title loan payment is the end of the term.

You’re not out of luck if you need more time to pay back your loan, though, because there’s also the option of extending it. Just pay any interest and fees it has, and you can start another term with any unpaid loan principal. Of course, there are new charges for interest and fees in this new term. As Texas caps title loan terms at 180 days, you must pay off your balance if you’ve had a title loan that long.

Whether it’s your fridge going belly up, an unforeseen medical issue, the air conditioning in your car breaking down in the middle of summer or just a stack of unpaid bills, there are plenty of hefty expenses that can put you in a financial bind. That’s where Abbington Finance can help. We issue title loans Lewisville, and unlike other types of loans, there is no credit check before you can get a title loan. The only two requirements you need to meet are that you’re at least 18 and that you have your own car with a clean title. To top it all off, the application process is very fast.

If you’re wondering how you can apply for a title loan, that’s what we’ll go over next. For a title loan with us, you can actually apply online right here on the Abbington Finance site. We’ve built an online app for title loans Lewisville, which you’ll find by clicking that Apply button at the top of any page on our site. The application form is only two sections and shouldn’t take more than 30 seconds or so, as you should know everything it asks for from memory. Here are what those two sections will cover:

Car details, including your car’s make and model, model year, style and a mileage range

Contact details, including your name, the best phone number where we could reach you, an email and your ZIP code

On the car details section, you can just choose everything from dropdown boxes. When you click through to the contact details section, you’ll type that information in. We use your car details to both provide your free loan quote and preapprove your application for a title loan. We use your contact details to have one of our friendly reps get in touch and tell you what you need to know to pick up your loan.

One of the frustrating aspects of traditional loans is all that you need to bring to apply for them, as this often includes bank statements and old tax returns. That’s not the case with title loans Lewisville. When you come to Abbington Finance, we only need you to show us your ID and your car. We also need to grab your car title and keep that until you’ve gotten the loan repaid.

You’re not out of luck if you need more time to pay back your loan, though, because there’s also the option of extending it. Just pay any interest and fees it has, and you can start another term with any unpaid loan principal. Of course, there are new charges for interest and fees in this new term. As Texas caps title loan terms at 180 days, you must pay off your balance if you’ve had a title loan that long.

About Us

If you’re trying to find title loans Royal Palm Beach, one thing you probably want is a lender that is actually located in Royal Palm Beach. Otherwise, you’re looking at a long trek just to reach the lender’s office and get your loan, which is frustrating when you need your money quickly. The Erb Farm Lender office is centrally located here in beautiful Royal Palm Beach, making it an easy drive or bus ride from any part of the city and ensuring that the loan process is as convenient as possible for you.


As far as that loan process is concerned, this is what you can expect from it:

 

  • Like any type of lender, we have some basic paperwork that we need you to sign.
  • Since your car’s value is essential to the title loan, we must figure that out through an inspection and by looking it up in a value tool.
  • When we’ve confirmed what the car is worth, we can also set how much we’re willing to loan you.
  • After you’ve given us your car title, which we’ll keep safe during the loan’s term, we can issue the title loan.

How it Works

The easiest way to understand a title loan is that it’s a loan entirely dependent on a vehicle. The lender will make the car the collateral on the car title loan, and the value of the car determines both approval on the loan and the max loan amount. To get a title loan, you must have a car in your own name with a clean title.


The title loan age minimum of 18 is because of a federal law, but in just about all other aspects of title loans, state governments have control. Here at Erb Farm Lender, we offer title loans Royal Palm Beach, and therefore, we stick to Florida’s title lending laws.


The best thing about being a title loan borrower in Florida is that you benefit from the state’s low interest rate limits. Here’s how those work:

 
  • If the loan amount is less than $2,000, the max annual percentage rate (APR) a lender can charge is 30 percent.
  • If the loan’s anywhere from $2,000 to $3,000, the max APR a lender can charge is 24 percent.
  • If the loan amount is over $3,000, the max APR a lender can charge is 18 percent.
Florida doesn’t put any stipulations on the max amount for a title loan, the minimum title loan term length or the maximum title loan term length. However, the majority of title loan companies in Florida and many other areas stick to 30-day loan terms.


While you’re supposed to pay everything off when the term of your title loan ends, you can also pay the interest alone and get an extension. In the next term, you’ll have another interest charge. It’s a flexible way to repay your loan, but it does cost you a bit extra.


Missing a payment is considered a default. Florida protects you here by requiring the lender to give you at least 30 days from the missed payment date, along with written notice warning you of an upcoming repossession. If your car gets repossessed, you’re entitled to 10 days’ written notice of a sale with details on when and where that sale will take place. During any of these periods, you can pay your lender what you owe to avoid repossession or get your repossessed car back.

Whether it’s your fridge going belly up, an unforeseen medical issue, the air conditioning in your car breaking down in the middle of summer or just a stack of unpaid bills, there are plenty of hefty expenses that can put you in a financial bind. That’s where Abbington Finance can help. We issue title loans Lewisville, and unlike other types of loans, there is no credit check before you can get a title loan. The only two requirements you need to meet are that you’re at least 18 and that you have your own car with a clean title. To top it all off, the application process is very fast.

If you’re wondering how you can apply for a title loan, that’s what we’ll go over next. For a title loan with us, you can actually apply online right here on the Abbington Finance site. We’ve built an online app for title loans Lewisville, which you’ll find by clicking that Apply button at the top of any page on our site. The application form is only two sections and shouldn’t take more than 30 seconds or so, as you should know everything it asks for from memory. Here are what those two sections will cover:

Car details, including your car’s make and model, model year, style and a mileage range

Contact details, including your name, the best phone number where we could reach you, an email and your ZIP code

On the car details section, you can just choose everything from dropdown boxes. When you click through to the contact details section, you’ll type that information in. We use your car details to both provide your free loan quote and preapprove your application for a title loan. We use your contact details to have one of our friendly reps get in touch and tell you what you need to know to pick up your loan.

One of the frustrating aspects of traditional loans is all that you need to bring to apply for them, as this often includes bank statements and old tax returns. That’s not the case with title loans Lewisville. When you come to Abbington Finance, we only need you to show us your ID and your car. We also need to grab your car title and keep that until you’ve gotten the loan repaid.