If you’re searching online for a loan on my car title, it’s likely that you need fast cash for an emergency. One of the best options available today is a car title loan. At Fast Auto Loans, Inc., we make the process simple, quick, and accessible. Let’s break down the advantages of car title loans and why they could work for you.

What’s Good About Getting A Car Title Loan

The Ease Of Applying For A Title Loan

Applying for a title loan is simple. Just fill out our online form to get started. After that, one of our friendly loan representatives will contact you, go over your options, and schedule a meeting—either at your local store or a location of your choice.

A Car Title Loan Can Be Easy To Get

Another advantage of car title loans, which is important to know when you’re searching “loan on my car title”, is that car title loans can be easy to get. This is because getting approval for a car title loan is more based on your car and its value than other aspects like your credit history. So, if you have a good car that you look after, you may be likely to be approved for a car title loan. This means you can get this loan even if you have bad credit.

Car Title Loans Are For Everyone

As touched on above, if you’re searching “loan on my car title,” it’s good to know that car title loans are for a wide range of people. How much you can borrow with a car title loan depends on the value of your car; we generally let you borrow between 25 and 50% of your car’s value, which our title loan representatives determine with a quick in-person valuation. The value of your car is one of the most important factors in your eligibility for a car title loan.

This means that, while your credit score may still be checked depending on how much we determine we can lend you, you can still apply for a car title loan with a chance of approval if you have a lower credit score or bad credit history. We also don’t require you to have a guarantor. Therefore, one of the main advantages of car title loans is that a wide range of people can apply and have a good chance of being approved for one. 

A Car Title Loan Is Based On Car Value

We’ve mentioned above that title loan affordability is based on your car’s value, so if you’re worriedly typing “loan on my car title,” it’s worth knowing that if you own a good car that is in good condition, you stand a good chance of borrowing a high amount. We recommend making sure your vehicle is in as good a working condition as possible. This means fixing any major problems like dents, scratches, or issues with the engine, motor, or tires.

Learn more about car title loan requirements here.

Your Eligibility Is Based On Your Lien-Free Car Title

In addition, car title loan eligibility is based on whether or not you have a lien-free car title. Lien-free means that there are no loans or debts attached to your car title, and that you own it in full. When approving you a car title loan, we will put a lien on your car title, and this cannot be done if the title isn’t lien-free. However, once you’ve checked that your title is lien-free, you are ready to apply for a car title loan with us!

The Process Of Getting A Car Title Loan With Fast Auto Loans, Inc.

The last advantage you get when you get a title loan from Fast Auto Loans, Inc. is the quick process. All you have to do is enter your details into the online form found on our website and one of our loan representatives from the nearest title loan store location will get in touch with you to discuss the loan, answer any questions and get some more information from you. You can then arrange to go into the store or meet up at a place of your choosing, taking your car and your required documents with you.

Once you arrive to the meeting location, a title loan representative will conduct a fast inspection of your car and potentially run your credit check. In addition, they'll also check through your ID and other documents. Once they assess everything, they will determine if you qualify for approval. If you are approved, they will go over the loan terms and help you finish the paperwork. Once you are done with that, you’ll get your money either later on the same day or the next bank business day!

Get Started Today On The Title Loan Process!

As you can see, when you are searching for a “loan on my car title” to help with your emergency expenses, you’ll see that there are several advantages of getting this loan. This means getting a title loan from us at Fast Auto Loans, Inc. can benefit you in multiple ways! So, if you’re impressed with the advantages of borrowing money through title loans and you’re ready to start the simple process, start your application online.

 

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