Title Loan Bank of America

Hello, I want to know the details of the title loan of the Bank of America, will you please provide me?

[Rajkumar Agarwal]

Hello, here I am providing you the details of the title loan of the Bank of America as under;

Applicant(s)
Applicant(s) must be US Citizens, Resident Alien, or Non Resident Alien and residing in the US
18 years of age or older (19 years if in AL or NE)

Collateral
Maximum vehicle age is 10 calendar years old for all purchase types (dealer, refinance, and lease buyout)
Vehicles with 125,000 miles or greater are not eligible for financing
No commercial vehicles
No vehicles used for commercial/business purposes
No salvage, rebuilt or branded title vehicles
No gray market or lemon law vehicles. No conversion or delivery vehicles
No motorcycles, recreation vehicles (RV), boats, or aircraft

Loan structure
Term limits may apply
Minimum loan amount $5,000 ($7,500 in SC and MN)
Loan-to-value restrictions apply
Down payment may be required
Title and state fees may apply
Pre-payment fee may apply in FL, LA, and OH
A loan fee may apply
Powers of Attorney are not accepted

Benefits:
Competitive auto loan rates
Access to funds in as little as 24 hours
Easy-to-use online auto loan calculators and payment tools

Rates:
Loan type Up to 60 months
APR as low as...
Dealer new layerFootnote1 2.49%
Dealer used layerFootnote1 2.74%
Refinance layerFootnote1 2.99%
Lease buyout layer 2.99%