Your title loan application with us at Fast Auto Loans, Inc. won’t take long, but you must first ask the question “what documents do I need for a title loan?” to make sure you are prepared. Asking yourself that question will help you get everything ready in advance so your application will go smoothly.

And once you know you can meet our requirements, you can get started with your application right away! Keep reading through this article to know more about what you need to get your Arizona title loan.

Here Are The Documents You Need For A Title Loan

The answer to your question “what documents do I need for a title loan?” is short. In fact, you only need two documents to find out if you can qualify for a title loan. And as you can imagine, it won’t take long to prepare these two documents for your title loan application. And once you have them ready, you can begin immediately! Here are the two documents you need:

1. Identification: The first document you must provide to apply for a title loan is your photo identification, like your driver’s license. This document is necessary to verify your age and identity and also to validate everything else in your Arizona title loan application.
2. Car title: Next, you must also have your car title (hence the term ‘title loan’). This document will serve as the collateral that you use to secure your loan. More specifically, that title must be lien-free or ‘clear’, which means that you 100% own the vehicle outright.

Is There Any Other Requirement For Title Loans?

Aside from asking “what documents do I need for a title loan?” you must also understand that there is one other requirement you must meet as well. Don’t worry, though, because there is just one more requirement you need to meet and it’s easy to fulfill. Like our required items, we’ve kept this one final requirement simple for you to remember. Aside from your identification and car title, you must also:

• Be able to bring your car in for an inspection when applying for your title loan.

Even if your loan application is approved, you’ll get to keep your car and continue driving it as usual. But while you get to keep your car, a physical inspection is necessary to determine how much you qualify to borrow. One of our representatives will take a few moments to inspect your car’s condition to make sure it is working properly and doesn’t have any major damage.

They’ll refer to a nationally recognized pricing guide to find out how much your car is worth based on its make, model, and when it was made as well, as this also helps us determine how much you could get. That in-person part of the process can take as little as 30 minutes to complete. Then, as we said, you can take your car with you regardless of your application’s outcome!

Can I Still Apply Without A Valid Driver’s License?

You can still apply for a title loan even if you don’t have a valid driver’s license. Even though this is a loan using your car – which means you more than likely have a driver’s license – that doesn’t mean that this is the only form of ID we accept. If, for whatever reason, you don’t have your license when we meet, you can use another valid state-issued ID in its place. Just make sure your photo is on that ID and that we are able to verify your name and your age.

What Do I Do If The Car Title Isn’t In My Name?

Suppose your car title isn’t registered in your name. In that case, you must first have it transferred to you at your local DMV office. Otherwise, you can’t continue with your application. Your title is what lets people know that you legally own the vehicle. Without it in your name, there is no way to verify that the car is legally yours. Keep in mind that the transferring process might take a bit of time to complete. But once it’s done, you can use your title to apply for a title loan.

How Do I Get Started With A Title Loan Application?

By now, you should feel confident that we’ve answered the question “what documents do I need for a title loan?” for you to prepare. Now all that is left is for you to get your title, ID, and car ready for the loan process. And once you have all the necessary documents prepared and ready to go, you can apply for an Arizona title loan at Fast Auto Loans, Inc. by following these steps:

• Step 1: Firstly, submit the online form on our website with your necessary details. That will include your name, contact information, and details about your car (e.g. make, model, year).
• Step 2: Soon after that, a helpful loan representative will call you to discuss your application. They’ll make sure you have everything you need to proceed, then they’ll help you set a time and place to meet in person – which can either be the nearest store location or somewhere else.
• Step 3: At that in-person meeting, the representative will verify your documents and inspect your car. They’ll also help you finalize your application if you are approved for the title loan. This will include some simple paperwork and going over the loan terms.
• Step 4: Once you understand all the loan terms and you’ve signed the paperwork, you’ll get your money fast, possibly as early as the same day or by the next business day.

Got What You Need? Apply Now!

As you can tell from this article, you don’t have to spend too long asking “what documents do I need for a title loan?” when you come see us. Our list is short and easy to remember so you can make sure you are as prepared as possible. So don’t wait any longer to fill out the online form. It won’t take long before you’re working with your title loan representative to find out if you qualify for approval!

 

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.