5 Tips For Getting Super-Fast Loans Using My Car Title As Collateral
August 18, 2021 | Daniel Dewitt
Using your car title as collateral for fast loans is an accessible option when you require quick cash. They're unarguably fit for purpose in emergencies where inaction would result in deterioration. But, take some time to consider these top 5 tips first. It's never wise to jump in at the deep end without knowing the implications.
Use Your Car Title As Collateral With These 5 Tips
1. Determine Whether You Truly Need Fast Loans
You shouldn't acquire fast auto title loans if you can find other ways to raise funds – i.e., ones that won't add to your monetary burdens.
Using your car title as collateral for an auto loan is an option if you've encountered a time-sensitive financial issue. But if you have more time, it might not be your best course of action. To decide whether your situation warrants a title loan, ask yourself:
- How urgent is this matter?
- Will the issue worsen if you don't deal with it right now?
Other options might be better if you answered "no". However, fast title loans might be the way to go if you answered "yes".
2. Ensure Your Car Is In Tip-Top Condition
As you know, Fast Auto Loans, Inc. uses your car title as collateral, not your vehicle itself. However, you stand a better chance of gaining approval for a higher amount if your car is in good condition.
We're not suggesting you spend your hard-earned dollars on a full valet, of course. Instead, a quick spruce-up outside and inside will work just fine — even though our vehicle examiners do their best to look past any mud or dust.
Aside from your vehicle's condition, knowing the automobiles we accept for title loans is key. We work with trucks, vans, and cars at the moment. The newer, the better, since the market value on newer vehicles tends to be much higher.
3. Consider The Safety And Security Of Your Information
Technology and the security that comes with it are constantly improving. But so are the hackers and identity thieves that use them to their advantage.
For this reason, it's vital to ensure lenders like us have the best protection in place. After all, the more information supplied, the more data held, the more susceptible you are to fall prey to theft.
Thankfully, there's a super-easy way to check whether we offer security to those using our fast loans. Look at the URL bar. That padlock to the left of our URL is essential. It proves we're using the latest SSL technology (secure encryption) to protect your data.
4. Have Your Documents Ready To Go
We designed our loan processes to be done and dusted around 30 minutes. So, it's best to have your documents handy before you start. Everything is more likely to go off without a hitch that way. For our fast loans, you will need:
- To be at least 18 years old and prove it with a form of government-issued identification.
- A lien-free vehicle title and vehicle in your name.
5. Always Ask Questions
It can feel quite daunting asking questions about fast loans. But the loan associate you'll be working with is there to assist you and put your mind at ease. You can ask them anything — no matter how silly or inconsequential you think it might be.
There are no bad questions here. It's much better to soothe your concerns and strengthen your understanding before you sign the papers rather than after. Our friendly loan representatives will welcome all your queries with open arms and answer in great detail.
Secure Fast Loans Using Your Car Title As Collateral Today!
Getting started on our car title loan process in Fast Auto Loans, Inc. is easy. You can do it without leaving your house! So you don’t have to look up ‘Arizona title loan places near me’ if you’d rather not. Just follow these steps below:
- Submit the completed fast loans online form to send us your basic information to the nearest location. Answer the phone when a friendly loan associate rings you.
- We use the initial conversation to ensure you understand the process, answer your questions, and set a meeting – which can either be at the store or we can come to you.
- Head to the agreed location with your vehicle, your state-issued photo ID or driver's license, and your lien-free car title as collateral.
- When you arrive, you'll be seated with a knowledgeable loan representative. They will inspect your vehicle and documents to see if you qualify and for how much.
- If you're approved, we will go over the loan terms and agreement forms. Once complete, you will receive the cash you need on the same or the next business day.
Use Your Car Title As Collateral Today!
Whether your credit is good or bad, you can gain fast loans using your car title as collateral. The process is quick, allowing you to receive your money in half an hour. But before you decide, think again about the tips above. Then, once you're sure, begin with our online form!