How Much Can I Get for a Title Loan
How Much Cash Can I get from a title loan?
Poor credit makes getting a loan through traditional lenders, such as a bank, almost impossible. If you do manage to secure one, it’s usually with unbearable terms, such as an astronomical rate of interest or unaffordable monthly payments. Yet, unexpected emergencies and the need for an extra cash supply aren’t limited to just those with good credit and high incomes. Before you throw up your hands in defeat, consider a different option – a title loan.
Consider A Title Loan Instead Of Traditional Loan
Instead of dealing with a bunch of “loan denied” answers from traditional lenders or figuring out how you’ll ever afford loans with bad terms, go online and apply for an auto tittle loan. Car tittle loans seldom require a credit check. The odds of approval favor the everyday man or woman. Plus, there’s not days, weeks, or months of waiting for approval for money you need today. Auto title loan applications take as little as 30 minutes for approval.
How Much Money Can I Get Through A Title Loan?
Estimating your loan amount is simple. Instead of contingencies like income to debt ratio, credit, and other time-consuming facets, your auto title loan amount is as simple as knowing the value of your vehicle. Use our Title Loan Calculator to get an exact dollar amount of the cash you can get for a title loan.
Title loans, also called title pawns and auto title loans, are based on an expert appraisal of your vehicle. Most online title loan entities have dozens, hundreds, to even thousands of locations throughout the US where an expert will inspect your vehicle and determine its value. Your loan’s maximum value will be based on this appraisal amount.
To determine if the title loan value will meet your loan needs, you can use the Kelley Blue Book website to get an approximate value for your car.
Maybe you already have a title loan elsewhere and are looking for better rates? We may be able to help refinance your existing loan to where it’s more favorable for you.
What’s Needed To Apply For A Title Loan?
Having all your ducks in a row makes the title loan process even smoother and quicker. No, this doesn’t include credit information.
- What we will need is a lien-free title in hand showing you outright own the vehicle you’ll be using for the title loan.
- Unless you live in Alabama, you’ll also be required to show proof that you have a form of regular income, whether that be disability, retirement, alimony, or gainful employment.
- The third thing you’ll need is a government-issued form of identification.
Whether you apply at one of our offices, using our toll free number, or online, having this three proofs will make the process quick and efficient. You can get approved in as little as 15 to 30 minutes in most cases.
What Are The Benefits Of A Title Loan?
Again, likely you need money sooner rather than later if you’re considering a loan. You likely can’t afford to take the time to go place to place in hope of being approved with terms you can afford. And, you don’t have weeks to months to wait for that approval to come. You may also not have the personal credit history to support a traditional loan.
If you have a car title, then none of the above is a concern. It doesn’t matter how old your car is, what make and model it is, or how you well you did paying for it. We accept any vehicle owned free and clear with any amount of value. You can immediately stop wondering if you’ll get the loan, and solely focus on how much of a loan you can get.
Don’t worry about how you’ll get around after your loan. Your vehicle is still in your hands, and you’ll get to continue driving your car after your approved. We just have the title, not the car, until you pay off your auto title loan.
No bad terms that seem unfathomable to afford. We set up payment plans that are affordable and that you can feel comfortable in knowing you can get paid back in a timely manner.
In closing, knowing these ins and outs of a car title loan can put your mind at ease knowing you do have options, they are immediate, and they are affordable and manageable to pay back. We approve thousands of loans per day, and we do so with superior customer service. If you need cash today, we are here to make it happen for you without undue stress and unreasonable expectations.