Turning your assets into emergency funds is quick and easy with online title loans from Fast Auto Loans, Inc. right now. You just need to know what’s required and what steps to take! And to help you out, this guide will walk you through all of that and more. Keep reading until the end to discover how a title loan can convert your assets into cash, how much you can get, and what steps you’ll need to take.

Can You Use Your Assets To Get Emergency Funds?

You can indeed turn your assets into emergency funds, especially when you need them the most. Title loans are an example of this, as they enable you to use your car to access urgent cash with little or no fuss at all.

More specifically, you’ll need the title of that car and just a few documents to borrow money that way. These loans have specific requirements, and as such, they also offer unique benefits.

For starters, you must be the full owner of that car and have a lien-free title to prove it. Also known as a ‘clear’ title, that document will show that you have no outstanding loans or judgments against the vehicle and are authorized to use it to borrow money.

Once you have that lien-free title and can fulfill the other requirements, you can qualify for a title loan that’s easy to apply for and typically takes very little time to get. Best of all, you don’t have to surrender your car just to qualify for a title loan. Instead, you’ll get to keep the vehicle and continue driving it even if you're approved.

What Is The Most You Can Get With A Title Loan?

The emergency funds you could potentially get through a title loan could be between $300 and $15,000. The precise amount you qualify to borrow will depend on several factors, the most important of which is your car’s value.

In simple terms, the more valuable your car is, the more money you could qualify to receive. A representative will determine that value during the title loan process. They’ll do that by first inspecting your car and checking its physical condition.

Then, they’ll refer to a nationally recognized pricing guide to get a more accurate assessment of its value based on its make, model, and year. Within a few moments, the representative will know how much your car is worth and, by extension, how much you qualify to borrow.

How Long Does It Take To Qualify For A Title Loan?

Turning your asset into emergency funds isn’t just easy, but it’s also quick. The in-person part of the process could take as little as 30 minutes as the representative verifies your documents and assesses your car’s value.

Still, there are steps you can take to keep the process going as smoothly as possible. You’ll want to start by preparing all the required items beforehand to ensure that nothing is missing during your title loan process.

The next step is to double-check all the details you provide for mistakes so you can avoid any unnecessary delays. For example, you’ll want to make sure that your phone number is accurate so a loan specialist can call and help you get the process moving.

What Are The Steps To Get A Title Loan?

Here are the steps you’ll go through to turn your car into emergency funds through a title loan:

Step 1: Submit The Online Form

Everything begins with the online form. Fill it out with your basic details, like your name, phone number, and ZIP code, to get started. Then, be sure to include some simple information about your car, like its make, model, and year.

Submitting that form will pass your information to a helpful representative at a nearby store location. Soon after that, they’ll call you to discuss your financial needs and set a time to meet in person.

Step 2: Meet A Representative

Next, bring your documents and your vehicle to meet the representative. They’ll verify everything and inspect your car for a few moments before letting you know the outcome. The representative will also help you finalize the process with some simple paperwork.

Step 3: Receive Your Funds

Lastly, if everything goes well and you’re approved, you can see the money as early as the same day of your approval or by the next business day. That will depend on when you complete the process and receive your approval.

Access Your Emergency Funds Now!

The emergency funds you need are just a few steps away with a title loan from Fast Auto Loans, Inc. if you start today. Turn your assets into urgent cash by taking the first step of submitting the online form with your details. It won’t be long until you’re working with a representative to complete the title loan process!

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