Many of us may find ourselves in a situation where we require some extra financial support. It is a well-known fact that a large number of Americans would face difficulties in covering a few hundred dollars' worth of expenses.

In such circumstances, quick loans could be a viable option to meet unexpected medical expenses, emergency travel, car or home repairs, or overdue bills. One such option worth considering is car title loans.

Car title loans are not just quick loans but are also easy to obtain. In simple terms, car title loans allow you to use your vehicle's lien-free title as collateral to acquire a lump sum of cash.

Here’s What You Need To Do To Get Quick Loans

If you are 18 years or older, own your vehicle fully, and your title is free of any outstanding liens and judgments, you can qualify for this kind of loan. The process of getting a car title loan isn’t complicated at all. Just remember these steps for your quick loans.

1. Get The Required Items

While car title loans are accessible quick loans, they are for those that have their vehicle paid off and a clear title. If you are still making payments on your vehicle or on a loan on your title, you cannot qualify for this loan.

So, again, to be eligible for the loan you need to be at least 18, outright own your car with no liens placed against it and have valid documentation to prove it. Here’s the list of required items you need to have on hand before getting started:

• A driver’s license or state-issued ID – we here at Fast Auto Loans, Inc. will need to verify you’re who you say you are, are of legal age, and that the title is in your name to proceed;
• Your vehicle for inspection – the inspection will help our loan representative determine the value of your car, which, in turn, will determine the maximum loan amount you qualify for;
• The vehicle’s lien-free title in your name – lien-free means there cannot be any outstanding financial obligations placed against it – which is important because the title will act as collateral.

If your vehicle is not fully paid off or your title is not in your name, you will have to address that before coming in. Keep in mind that if there is another name on your title with yours as well, you can still qualify. If there is an “and” between the names, both you and the other person will have to sign off on the loan. If there is an “or” between the names, either you or the other person can sign off.

2. Submit The Online Form

If the required items are all in order and ready to go, you can go ahead and start the process. All you need to do is fill out and submit the online form you’ll find on the Fast Auto Loans, Inc. website. This sends your basic information to us so we can get in contact with you.

 

 

3. Answer When The Loan Representative Calls

The form will send information to the nearest store location, and as soon as it gets processed, our loan representative will give you a call. It shouldn’t take long at all, so keep the phone close. The loan representative will double-check your information and provide further instructions.

Now would also be a good time to ask any questions regarding the process you might have. Your phone call time isn’t limited – the representative will do their best to answer, so take your time, and don’t feel shy. When they’re sure you’ve got everything you need, they’ll set up an appointment with you.

4. Be On Time For Your Meeting With The Loan Representative

The good thing about us is the appointment with the loan representative can either take place at the nearest store location or we can come to your location. There is no reason to research ‘auto title loans near me’. Just make sure to inform the loan representative about it beforehand, and they’ll do their best to accommodate your needs.

Whether we come to you or you come to us, you’ll need to take the required items – the ID or driver’s license, the vehicle, and its lien-free title in your name – to the appointment so we can assess everything.

The loan representative will have to inspect the car and assess the documents to determine if you qualify for the loan and how much you could qualify for – which could between $300 - $15,000.

5. Finish The Final Paperwork And Get The Cash!

If the loan representative approves you, they’ll go over the loan terms and answer any of your remaining questions. They will also help you finish some simple paperwork. Once complete, you’ll get the cash you qualified for either the same day or on the next bank business day at the very latest.

Looking For Quick Loans For Cash? Apply For Car Title Loans

When you have emergency expenses you cannot handle alone, quick loans like car title loans can help you out. You can easily start the process online, from the comfort of your own home. Submitting the online form only takes a few minutes! Fill out the online form today 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.