Finding a lender that offers title loans with no credit check can be challenging as your score normally helps the company assess your ability to repay the loan. However, that does not mean that individuals with poor credit won’t ever be able to qualify for car title loans.

In this guide from Fast Auto Loans, Inc., we will explain how you can get approved for bad credit title loans without needing a credit check. You can use this guide to help you understand how to get emergency cash for a financial crisis without needing good credit.

Bad Credit Title Loans: Everything You Need To Know

Getting title loans with no credit check may seem too good to be true, but you can get approved for fast cash loans despite a poor credit score. Car title loans in Arizona are different from traditional bank loans because creditworthiness is not a requirement. Learn more about how to get title loans with no credit check for emergency cash.

The following are all the details you need to know about bad credit title loans:

Why Can You Get A Title Loan With Bad Credit?

Creditworthiness is a requirement for loans at traditional banking institutions because it gives the banks security in knowing they can trust you to repay the loan. These are ordinarily large loans that get repaid over a long period of time.

Car title loans do not have a credit requirement because they are secured with collateral. You must use your lien-free car title to secure the loan. This collateral can give the loan lender the confidence to give you the title loan because they can possess your vehicle should you default on the title loan.

Will Your Credit Get Checked When Applying For A Title Loan?

In the majority of cases, your credit will be checked, even if you’re applying for a secured loan. At Fast Auto Loans, Inc., we may do a soft credit inquiry to see what your credit score is. The good news is that the score is not the most important factor we consider during the process at Fast Auto Loans, Inc.

Your car’s value and condition will determine how much you can get, and your title secures the money. Bad credit should not stop you from applying for title loans. If we find you have bad credit or nonexistent credit, you can still get approved if you meet our requirements.

What Are The Requirements For A Title Loan With No Credit Check?

If we don’t rely solely on your credit, what do we need for you to get a title loan with no credit check? Well, you must be at least 18 years old to qualify. This is an Arizona state law, as only legal adults are viewed as financially responsible enough to get fast cash loans.

On top of meeting the age requirement, you must have the required items to get approval for car title loans. We require just a few simple items that most drivers have to allow them to gain approval for Arizona title loans.

The following are the required items for title loan approval:

• Your driver’s license or state-issued ID
• A lien-free car title in your name
• Your vehicle for a quick inspection

‘Lien-free’ means that you do not have any outstanding loans or debts attached to the car and that you own it outright. If you haven’t yet paid off the vehicle, then your title is not lien-free, and you cannot get a title loan with it. Another important thing to remember is that the title must have your name on it. You can easily change ownership with a DMV car title transfer if it doesn't.

How Do Loan Lenders Determine Title Loan Value?

At Fast Auto Loans, Inc. in Arizona, we determine title loan value based on the value of your vehicle. During an in-person meeting, our loan representative will quickly inspect your car and look for a number of factors, including:

• Make
• Model
• Year
• Mileage
• Interior and exterior condition
• Maintenance

They will use a nationally recognized pricing guide to determine the value of your car. They will use this to establish the value of your Arizona car title loan. You can get approved for up to $15,000 in emergency cash. However, borrowers should keep in mind that they should only borrow as much money as they need to have a more manageable repayment.

How To Get A Title Loan With No Credit Check

Getting a title loan at Fast Auto Loans, Inc. is easy and convenient. As we said in the beginning, bad credit won’t automatically mean you can’t get a title loan with no credit check. Again, we are using your vehicle’s lien-free title as collateral.

This means we don’t have to rely so heavily on your credit to see if you qualify. We also don’t require you to bring in a ton of items just for us to assess. All of this works together to make our process simple and quick. We only have a few easy steps borrowers need to follow to get same-day approval for car title loans.

The following are the steps involved in getting approved for bad credit title loans with Fast Auto Loans, Inc.:

1. Fill out the online form on our website or give us a call to begin the process. Either way you choose, you will get connected to your nearest Arizona store location.
2. Speak to one of our loan representatives on the phone. This is so that you can ask any questions you have and set up your vehicle inspection.
3. Once you are off the phone, gather your required items and head to the meeting. This can be at the nearest title loan store location in Arizona or at another place of your choosing, like your home or office.
4. Provide your required items for verification and allow the loan associate to inspect your vehicle. If approved, they will provide loan documents for you to sign.
5. After signing the documents, the process is complete. You can receive your emergency cash the same day or the next business day.

Apply Now for a Title Loan With No Credit Check – Get Up To $15,000 Today!

The process for getting approved for a bad credit title loan is easy with Fast Auto Loans, Inc. Arizona drivers can start the process online and get approved the same day for quick access to emergency funds. Your credit score will not affect your ability to get approved!

Don’t let your financial emergency ruin your economic future by getting a fast cash title loan with us today. Filling out our simple online form can get your information to a loan agent who can call you to discuss how you can get approved for a title loan today despite your bad credit.

 

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