When you have bad credit, getting approved for a loan can feel impossible. But online title loans, also called online equity loans, offer a flexible option that doesn’t require perfect credit. At Fast Auto Loans, Inc., you can borrow money using your vehicle’s equity, and get fast cash when you need it most.

Let’s explore how online equity loans work and why they’re a great choice for people with less-than-perfect credit.

What are Online Equity Loans?

Online equity loans are also known as online title loans. These loans let you use your car’s value (minus what you still owe) as collateral to get quick cash.

Here’s how they work:

• A loan agent reviews your car's equity.
• Based on your car’s value, you’ll get an offer.
• If approved, you get the funds and repay the loan on a short schedule.

Since these loans are secured by your vehicle, bad credit is not a barrier to approval.

Tip: Visit our FAQs about title loans to learn what qualifies.

What Are The Benefits Of Online Title Loans?

Here’s why so many people choose online title loans in Arizona:

1. Widely Accessible: The most important advantage of an online equity loan is that it’s accessible to a wide range of borrowers. That’s because it does not require perfect credit to get one. Regardless of whether you have good or bad credit, you can proceed if you meet the loan’s short list of requirements.
2. Few Requirements: As mentioned above, an online equity loan only has a few requirements. That makes it quite different from other kinds of loans on the market that require many documents and processes to complete. Instead, having a short list of requirements means you won’t need much time to gather the necessary items to qualify.

   • You only need:

     • A driver’s license or state-issued ID

     • Your vehicle for inspection

     • A lien-free car title in your name

• • No mountains of paperwork required.

1. Fast Processing: Fast processing times are another reason this loan can be helpful, especially in an emergency. For instance, the in-person part of the process can take as little as 30 minutes to complete. That means you won’t have to worry about disrupting your daily schedule too much to urgently get the money you need.
2. Friendly Support: Borrowing money can be overwhelming to many people, no matter how many times they’ve done it. You can expect plenty of friendly support from a helpful representative during the process. They’ll ensure you understand what’s required. Plus, you can ask them questions to continue with total peace of mind.
3. Fast And Easy To Start: Online equity loans suit individuals with bad credit because they’re fast and easy to start. The process begins when you submit your information through the easy online form. That form is available on this website 24/7. That means you can apply outside of regular business hours from the comfort of your mobile device! Soon after you do that, a representative will call you to discuss the loan and your financial needs.

Will You Get Disqualified With Bad Credit?

No, having bad credit is not a reason you might get disqualified. Remember: you don’t need perfect credit to start. Whether your credit is good or bad, you can proceed if you meet the requirements and have the necessary documents.

How Do You Get Started With An Online Title Loan?

Starting is easy. Just follow these steps:

• Submit your info through our online inquiry form.
• A representative will call to confirm your details.
• Bring your vehicle and documents to a meeting spot.
• Get approved and receive your cash, possibly the same day!

Remember to ask the representative questions at any point during the process. They’re there to help, so they’ll be more than happy to clarify anything unclear.

Begin The Online Equity Loan Process Today!

Getting an online equity loan is quick and easy, even with bad credit! Contact Fast Auto Loans, Inc. through the easy online form, and a representative will call you soon. In the meantime, please understand your financial needs and prepare the required items. Doing that will help the process move as smoothly as possible!

Looking for a store near you? Visit our locations page to find one close by.

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