Title Loans in Miami Beach Florida

Everyone has been there at least once: It gets to be the end of the month and, as if without warning, there’s just not enough money to cover every bill that’s due in the next few days. For many people, this results in an unhealthy sense of dread or panic, as if they’re not in control and falling behind. While financial anxiety is understandable, it’s not inevitable. In fact, products like a title loan make it possible to cover a one-time, short-term financial shortfall with funds that can be available in under a single business day. These loans are exactly the peace of mind and financial “break” that many people are looking for when they’ve had a rough month, an unexpected expense, or have simply had a bit of bad luck.

A Primer on How Title Loans Work

First, the borrower needs to be at least 18 years of age and fully own their vehicle. This last part is important: Title loans can only be granted to individuals who own a fully functional vehicle with no lien holder on the title. The reason involves how title loans and existing liens work. When a title has a lien holder, that means the lien holder can take possession of the car for nonpayment. As such, it means the vehicle can’t be used as collateral for a new loan until the existing lien holder is paid the full cost of the car. So, before applying for a title loan, make sure that the title is free, clear, and personally held.

Applying for a title loan is actually a refreshingly easy process.  The application process will ask for a few personal details, including all of the following:

  1. Name
  2. Physical mailing address
  3. Phone number
  4. Zip code

the application will present the loan representative with the vehicle’s make, model, year, and current mileage. These details should not be best guesses or estimates. Instead, use information from the title itself to fill in the make, model, and year. A quick glimpse at the vehicle’s odometer will clarify the car’s current mileage.

Florida financial regulations require that a written agreement be established between the lender and the borrower, stating clearly all terms of the loan. As such, the agreement should contain the loan amount, the number of payments to be made to the lender, and the amount of each requirement payment.


Miami Beach, FL Makes Title Loans Easy


Information To Remember


It’s important for the lender to be licensed in the state of Florida. Licensing ensures that the company complies with state laws and provides an ethical service to borrowers. Without proper licensing, the company cannot legally provide any funds to the customer. It’s important to note that Ocean Drive Financial Group is fully licensed to provide title loans in the Sunshine State.


Title loans offer almost instantaneous approval, often within just a few minutes. Loan representatives will quickly contact borrowers upon submission of their completed application.  Funds can be disbursed just as quickly, and will typically appear in a borrower’s bank account in as little as one business day. This is particularly important to customers who have pressing financial needs and bill that must be paid on time.


Utilizing a car’s title as collateral provides for high rates of approval and provides funds to borrowers who may not qualify at other financial institutions.  This process works very well for customers who may not have credit or who have poor credit.


Anything!  All told, title loans represent an excellent choice for covering a gap in finances and moving past a stressful month when money has come up short. Ocean Drive Financial Group makes it easy to apply for, and receive, the essential funding that title loans provide to customers in Miami Beach, Florida, so that they can get on with their lives and stop sweating over monthly expenses.