The Way To Get Faster Title Loans In Phoenix In Less Than An Hour!
April 13, 2022 | June Mckaig
There are many ways to ensure you obtain faster title loans in Phoenix, Arizona. From gathering your documents beforehand to understanding your vehicle valuation, you can do some prep work before applying to speed things along. When you come to Fast Auto Loans, Inc., you can make our simple process even faster by following these three tips.
Our 3 Top Tips For Getting Fast Title Loans In Phoenix
1. Gather Your Documents Beforehand
We would argue that knowing what documents you need before you come to see us is essential. The good thing is we don't give you a massive list of required documents. Instead, you need two documents plus your vehicle (i.e., a car, van, or truck). The documents you need to get our quick title loan are:
- A lien-free vehicle title in your name — Sometimes, it's called a "clean" vehicle title. We need this to establish that you don't have any existing outstanding debt placed on your car, van, or truck.
- Government-issued photo identification or driver’s license — You have to prove you are at least 18 years old or older to qualify for this loan.
Please keep in mind that your lien-free vehicle title must be in your name. If it isn't, head to your nearest DMV office and request a transfer. Once the transfer is complete, you can get a title loan from us. Also, note that your vehicle is used to determine how much you could potentially get with this loan – which can be between $300 and $15,000.
2. Fill Out The Online Form Accurately
With us, you have the option to start the process right online through our online form. Of course, providing inaccurate information is a sure-fire way to significantly slow the process — and sometimes even halt it entirely! To avoid that, never guess.
If you don't know the answer to a question on the initial form (although highly unlikely), consult your records. That way, the process can move along swiftly. But, as we said, this is highly unlikely because we keep the online form simple. This is really just to get us your basic information.
3. Understand How We Value Your Vehicle
You can borrow between $300 and $15,000 with a title loan from us. However, the exact amount depends on the value of your vehicle. To ensure we can offer you the amount your emergency requires, it's worth knowing what we look for. Once you understand that, you can decide whether title loans in Phoenix are suitable for you, saving yourself time. The affecting factors are as follows:
- The odometer reading — The higher the mileage, the more likely your car has undergone extra wear and tear. Thus, lowering the value.
- Your vehicle's make and model — Top-of-the-range makes like Cadillac, Lexus, Audi, BMW, and Mercedes will always be worth more than run-of-the-mill cars like Nissan and Kia. If you own a luxury vehicle, expect to benefit from higher loan amounts. Although, don't be tempted into borrowing more than you need. It isn't worth repaying a superfluous astronomical amount.
- Your vehicle's age — Unfortunately, vehicles lose value the moment you drive them off the lot. In fact, they can lose as much as 60% of their value within their first five years. Therefore, the older your car, the less it's worth unless it's classed as vintage.
- Your vehicle's condition — As you know, your car's condition plays a major role in its worth. Both the mechanical and cosmetic state will affect how much we can offer you from a title loan. Scratches, dents, consistently failing to change tires, dings, and more can drastically decrease the vehicle's value. Keep up with maintenance to help your car retain its value.
Go Through Our Title Loans Process When You’re Ready
Once you've used our top three tips for quickening the title loans in Phoenix, AZ process, all that’s left is to get through our Fast Auto Loans, Inc. process. The good thing is we’ve made sure to make our process short and simple to get through. For a quick breakdown of what to expect, just follow the steps below to get a loan from us:
- Complete the online form found on this website.
- One of our loan representatives will call to discuss the process, answer your questions, and set a meeting location. You don't have to come to our title loan store if you don't want.
- Wherever you decide to meet, go there with the required documents and vehicle.
- When you arrive, one of our loan associates looks at your paperwork and quickly examines your vehicle to establish the amount of cash you qualify for and if you qualify for approval.
- If approved, you receive the money you need on the same or following bank business day.
Submit Your Request For Title Loans In Phoenix Right Away!
Getting fast title loans in Phoenix can be a great help when you're faced with emergency expenses you cannot handle alone. Just make sure you follow our top tips for an even quicker experience and simpler process. Fill out our online form now to get started today.
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.