Traditional banking institutions have strict requirements for their loans, and it can be hard to get qualified. You need great credit, a healthy debt-to-income ratio, and solid proof of income. If you got rejected by a bank because of these factors, Fast Auto Loans, Inc. can help with our easy approval emergency loans.

This guide from Fast Auto Loans, Inc. will explain how you can get approved for our emergency loans if you get rejected at a bank. We will also explain the process of getting approved for our title loans and registration loans.

Why Can You Get Rejected For A Loan?

When you are in a financial crisis and need quick economic relief, a loan can get you the money you need. However, banking institutions do not offer no credit check emergency loans for guaranteed approval.

They have a rigorous process of determining approval and have numerous requirements you must meet to get approved. At the end of the long process, you could get denied approval for your loan because of many factors.

The following are some of the reasons why you can get denied bank loans:

• Bad credit or no credit at all
• Your debt-to-income ratio is too high
• You asked for too much money
• You could not prove your income
• You are not a US citizen
• There were errors on your application

How Can You Get Emergency Loans After Getting Rejected?

In many cases, getting rejected for a bank loan is out of your hands. You could be facing an unforeseen financial emergency, such as losing your job or home, that affects your credit score. According to Experian, 13.2% of Americans have a credit score below 580, and 15.5% have a credit score between 580 and 669. Both groups would likely get denied a bank loan.

At Fast Auto Loans, Inc., we do not believe borrowers should suffer because they have bad credit or no income. We understand everyone has a unique financial situation and will not judge based on these factors. While we do not offer no credit check emergency loans for guaranteed approval, we do offer loans you can get approved for easily as long as you meet our simple requirements.

The following are the emergency loans you can get approved for after bank loan rejection:

1. Title Loans

Title loans are secured loans that allow borrowers who have fully paid off their cars to use their lien-free car title as collateral to borrow up to $15,000. Since you use collateral to secure this cash loan, you do not need to prove your credit score or income, which should help if you were denied a bank loan for these reasons.

How much you can borrow from an Arizona title loan depends on your vehicle’s value. During the approval process, we will inspect your car in person to determine its value based on its age, make, model, condition, and mileage. We will also verify in person that you have the required items. Unlike bank loans, our requirements are simple, and most borrowers should be able to meet them.

The following are the eligibility requirements for title loans in Arizona:

• Your driver’s license or state-issued ID to verify you are over 18 years old
• A lien-free car title in your name
• The vehicle attached to your car title for a quick inspection

While we will inspect your vehicle, you will get to keep it during title loan repayment. If you’re looking for title loans near me, Fast Auto Loans, Inc. can help with our fast approval process that allows you to get same-day approval for car title loans.

2. Registration Loans

Another cash loan you can seek after getting denied loan approval at a traditional banking institution is a registration loan. No credit check registration loans allow you to get approved for up to $900 without needing to verify you have good credit or consistent income.

This loan is available to those who have yet to pay off their car and can’t get approved for a title loan. As long as you have a car registration in your name, you should be able to get approved for an Arizona registration loan.

The following are the eligibility requirements for registration loans in Arizona:

• Your driver’s license or state-issued ID to prove you are over the age of 18
• An Arizona vehicle registration in your name
• An active checking account in your name
• A valid social security number

Where Can I Get Registration Loans And Title Loans Near Me?

Have you ever looked up “Arizona title loans” or “cash loans near me?” If so, Fast Auto Loans, Inc. can help. We make the process of getting approved for title loans and registration loans simple, allowing borrowers to start the process online before getting approved in person.

We have over 27 Arizona store locations across the state. Whether you live in Apache County, Maricopa County, or Graham County, we will have a store location near you where you can get easily approved for emergency cash loans.

The following are some of the cities with locations where you can get registration loans and title loans near me:

• Phoenix, AZ
• Tucson, AZ
• Yuma, AZ
• Flagstaff, AZ
• Peoria, AZ
• Casa Grande, AZ
• Prescott Valley, AZ

How To Get Title or Registration Loans Near Me

Now that you understand more about no credit check registration loans and title loans, you can begin the process of getting approved with Fast Auto Loans, Inc. in Arizona. Thankfully, the process for getting both of these emergency cash loans is similar.

Our approval process takes less than a day, and you can receive your emergency funds in one business day. Borrowers can start the process online and get approved in person at one of our Arizona store locations in less than 30 minutes.

The following is the process for getting approved for title loans and registration loans:

• Submit your basic information through our online loan form
• Speak to a loan representative on the phone about how to get cash loans near me
• Gather your required items and head to an Arizona store location nearest to you
• Have your requirements verified in person by a loan agent
• If you are getting a title loan, have the loan rep inspect your car for its value
• If approved, sign some documents to finalize the process
• Receive your cash loan the same day or the next business day

FAQs

Will getting rejected for another loan affect my ability to get an emergency cash loan with you?

We will not consider your history of loan rejections when determining whether you can get a registration loan or title loan with us. As long as you meet our requirements, you can get loan approval despite being denied elsewhere.

Can you get multiple cash loans at once?

Arizona law states that borrowers can only get one emergency cash loan at a time to prevent the borrower from getting overwhelmed with debt. You must choose between our title loan and registration loans; you cannot get both. If you need a second loan, you must pay the first one off before proceeding.

Are there risks associated with title loans and registration loans?

Our emergency loans have interest rates and late fees if you miss payments. For our title loans, you could lose your car if you miss multiple payments. These risks are why we stress borrowers only use our loans as a last resort and plan for how they will repay them before borrowing.

Get Registration Loans And Title Loans Near Me – Borrow Fast Cash Today!

If you got denied a loan elsewhere, Fast Auto Loans, Inc. can help with our easy approval of title loans and registration loans. The whole process takes less than a day, and our simple requirements make getting approved easy. You can apply online today and get approved in person in less than 30 minutes. Contact us today for assistance through our online form or by calling us directly.

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