FAQ for Car Title Loans
Here are just a few questions that some of our customers have had regarding car title loans.
What is a car title loan?
A car title loan offers an amount that is based on the car’s wholesale value and it is particularly useful during those times when cash is needed immediately.
I have bad credit. Can I still get this loan?
Yes. Qualification for an auto title loan is based on the value of the vehicle and not on your credit score.
Is there a collateral for the loan?
Yes. The car title serves as the collateral and this is promptly returned to you after the amount has been completely repaid.
Do I have to surrender the vehicle to you during the duration of the loan?
No. The auto title is sufficient.
How long does it take before I could receive the money?
You can finish the online application process in just two minutes! After that, we will send you a pre-approval text or email message for the loan amount telling you what to do to obtain the cash. One of our professionals whose main task is to serve you will contact you to assist you. The length of time may vary depending on the circumstances but you may receive the cash within the same day.
How much can I borrow with a car title loan?
That will depend on the wholesale value of your vehicle and certain factors but the amount that we lend ranges from as low as $100 to as high as $50,000. The factors that we have to take into account include the make, year, mileage, model and others.
Do I have to go to one of your stores?
It is very likely that we have a store that is near you but if you are unable to come, that is not a problem. We will be the one to come to you!
Everything sounds to be so easy. Don’t you charge high interest rates?
We are confident that we have the lowest rates in your area!
Payment Information
Acceptable Forms of Payment
You can pay in cash, money order, check or wire transfer.
Where to Send Your Payments
If you are not sure where to send your payments, feel free to contact the loan center that provided you the funds. They will be more than willing to give you detailed instructions on payments.
When Will My Title Be Returned?
You will get your title as soon as the loan is completely paid.
How to Get a New Loan or Renew an Existing One
If you are looking to obtain to obtain a new loan, you are always welcome! We are always already to provide you with the cash that you require. And if you want to make any changes to your payment schedule, feel free to contact the loan center where you obtained the funds and they will gladly discuss with you the options that you can take.
How do you find the value of my vehicle?
The Kelley Blue Book is used to determine the value of vehicles, which can be used to determine the value of a title loan.
