If you've come to a point in your life where you're considering auto registration loans, you've likely been doing some research on how to get one and what you'll need. Of course, this makes perfect sense because you need to make sure you understand what to expect when you apply. If you want to learn the registration loan requirements, read this guide to learn what an auto registration loan is, what the required documentation is, and how Fast Auto Loans, Inc. is the right place for you to get one.

What Is An Auto Registration Loan?

To determine what you'll need for auto registration loans, it would probably help to know exactly what they are. Auto registration loans that use your vehicle’s registration as collateral for a lump sum of cash. If you keep up with the terms of the loan, you keep your car and get the money from the loan. Just make sure you repay the loan on time and you are free to use your vehicle as you wish.

Now that you know what exactly this loan is, you can get started on learning the requirements for auto registration loans. Once you know that, you can make sure you actually meet the requirements and move on to find out if you qualify for approval. So, keep reading this guide to learn just what we here at Fast Auto Loans, Inc. require for our auto registration loans.

What Are The Requirements For An Auto Registration Loan?

An Arizona Driver’s License Or Government-Issued Photo ID

The first item you need to get auto registration loans is your driver’s license. Your driver’s license allows us to make sure you are who you say you are and that you are at least 18 years old. If you don’t happen to have your license available to show, you can use your government-issued photo ID instead. Just make sure we can see that you are a legal adult and that the ID has your picture.

Arizona Motor Vehicle Registration

The second item you need is your Arizona motor vehicle registration. This loan is using your registration as collateral for the money. This means we obviously need to have your registration there. We will place a lien on it and hold onto it until you repay the loan in full. But don’t worry, you can keep your vehicle and use it however you like while you make your loan repayments.

Active Checking Account In Your Name

You’ll also need an active checking account in your name to see if you qualify for this loan. This allows us to check your finances and get an idea of how much we could give you. If you do not have an active checking account in your own name, you will either need to set one up before you come see us or go for another loan that doesn’t require you have a checking account.

A Valid Social Security Number

The last item you need in this list of registration loans requirements is your valid social security number. This allows us to check your credit to determine if you qualify for this loan and for how much you could get. We use your financial situation and your credit to get a full picture and to determine how much you could get if you are approved.

How To Get Auto Registration Loans

If you feel that an auto registration is a good fit for your situation, Fast Auto Loans, Inc. has a quick and easy process for applying. You can either call us directly or fill out an inquiry form here on our website letting us know that you are interested in this loan. Upon notifying us of your interest, a representative from the nearest Arizona registration location will contact you as soon as possible.

They'll discuss a time and place to meet with you at the store. When you arrive, make sure you bring your driver’s license or government-issued photo ID, car registration, checking account, and your social security number to that meeting. The representative will assess your items and check your credit to see if you qualify for approval and for how much you could get.

If you do, you'll be walked through what remains of the process, which is just a bit of paperwork and answering any questions you have. Overall, the entire in-person process should only take about 30 minutes to complete. Once you are done with the paperwork and we’ve answered your questions, you will receive your money either on the day of approval or the following bank business day.

Get The Auto Registration Loan You Need Today!

When you run into an emergency and need cash quickly, auto registration loans can really help you out. Once you understand the registration loans requirements, you can start making sure you meet them. And once you do, there is nothing getting in your way of beginning our process. So don’t hesitate and fill out the online form now to get started.

 

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