If you're exploring the possibility of obtaining a title loan online, particularly in Arizona, you're in the right place. Fast Auto Loans, Inc. offers a streamlined process for securing title loans, even if it’s not entirely online. Let’s dive into how you can obtain a title loan online and why our personalized approach is key.

What is a Title Loan?

A title loan is a secured loan where the borrower uses their vehicle title as collateral. This means that the loan amount is based on the value of the vehicle, making it a viable option for those in need of fast cash.

Here Are 4 Reasons We Need To See You In Person

When it comes to online title loans and the reason you can’t get a title loan completely online, there are various reasons why we need to see you in person before we can decide if you qualify for approval. We use your title as collateral to secure the loan, which means we need to see the title and the vehicle in person. The title is the ‘weight’ that makes us willing to trust you. The simple fact that you’re willing to put up an asset in exchange for money shows us you are serious about repaying.

By this explanation, you can probably understand at heart why getting a title loan completely online isn't possible. There are simply too many unknowns for us to take a vehicle’s purported worth and the title’s validity at face value. We also want to make sure you understand the loan terms, and the best way to do that is to be with you in person. Here are the four reasons we need to see you in person so you understand better.

1. We Need To See Your Vehicle

The first reason we need to see you as opposed to you getting a title loan completely online is we need to see the vehicle. The amount you could qualify for on a car title loan is determined by the value of your car, both in condition and resale value. This means we will have to inspect your vehicle before we can move on through the process. Don’t worry, we are just looking to see if there is any damage that could potentially impact the vehicle’s ability to work as normal.

2. We Have To Verify Your Title

Similarly, we need to check the lien-free vehicle title in person; it’s too important not to and it’s another reason you can’t get a title loan completely online. The title needs to be lien-free, meaning that there are no claims against its value issued by a third party. If there is, you’ll have to go to the DMV to have the lien removed. Additionally, the title must match the vehicle and be in your name. If it doesn’t or your name doesn’t appear, you’ll also have to get this resolved before you come in.

3. We Need To Verify Your Identity

Another reason you can’t get a title loan completely online is we need to confirm by law who we’re dealing with. We need to make sure that you are who you say you are and that you aren’t a minor. We can’t give out a loan to anyone that is under the age of 18 – in reality, no loan lender can. And we also have to make sure you are an Arizona resident. You can use either your driver’s license or your state-issued photo ID.

4. We Want To Go Over The Loan Terms In Person

The last reason we need to see you in person is because we want to make sure you understand the process. Going over important terms and conditions is always better in person. You’ll be able to ask any questions you have and we’ll be able to walk you step by step through the terms. We can also help you finish the paperwork correctly while we are in person, rather than over the computer or the phone.

Benefits of Online Title Loans

• Convenience: You can start the process online from the comfort of your home.
• Quick Approval: Our streamlined process allows for fast approvals and quick access to funds.
• Flexible Locations: You choose where to meet our representatives, maximizing your convenience.

Our Convenient Options

While you can’t get a loan completely online, you can choose where you meet up with a title loan representative, giving you the maximum convenience possible. To set up an online title loan, fill out the online form on our website. Once we receive your form, one of our loan representatives from the nearest store location will give you a call. You can then set up a meeting at another location of your choosing. And if you are approved, we will bring the paperwork for you to fill out.

Start Your Convenient Loan Journey Today!

While obtaining a title loan online isn't possible in its entirety, our process is designed to be hassle-free and convenient. If you're facing financial uncertainty, our title loans can provide the support you need. Contact us or fill out the request form on our website to begin your title loan journey today.

Frequently Asked Questions

• Can I get a title loan if I have bad credit?
  Yes, our title loans are accessible even for those with less-than-perfect credit.

• How long does the approval process take?
  The process can take as little as half an hour once you meet with a representative.

 

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