Superior Speed
If you’re like other title loan borrowers, then you need to have your money as fast as possible. Don’t worry. We definitely understand that, which is why we process loan applications incredibly quickly. Most of the time, you can get a decision from us in just a few minutes of your time. And, even better yet, if approved, we’ll get you your money quickly too.
This may not be the case with more traditional lending options. With those options, the application process can be incredibly long and involved. It can take you awhile just to gather all the required documentation and fill out the application. Then, you may be expected to wait several days or even more, especially during peak times, for your loan application to be looked at. If approval rates are low, you could wait all that time just to find out you’re not getting the loan. And, even if you do get approved, you could wait longer for your funds to come through and then even more time for them to clear and be available for use.
As you can see, other types of loans really aren’t a good fit for the borrower in a hurry.
Don’t Worry!
Your credit is not a huge factor in deciding whether or not you can borrow with us. Instead, we focus mainly on (1) the fact that you have a reliable, regular source of income that will enable you to pay back the loan and (2) the equity in your automobile. Generally, the more equity in your car, the more you can borrow.
If you happen to have a newer car, this may work out well for you. Since newer cars are often worth more, if approved, you could borrow a larger amount of money than if you had an older car of lesser value.
Of course, it’s not just new cars that can be used for a title loan. Even older vehicles still have value in them, so you can still possibly qualify for a loan of some amount with an older automobile.
Also remember that, no matter how much loan money you are offered, you can control how much you borrow. You’re never forced into taking the full loan amount offered to you, which makes it easier to receive what you need but also to borrow responsibly.
How many days does it take to get the loan money?
Once the paperwork is completed and approved, you may be able to receive your money quicker than anticipated.
Who is eligible for a title loan?
To qualify, you’ll need at least a lien-free vehicle title in your name and a verifiable source of income.
How do I find out more?
To learn more, you can contact LoanCenter or fill out our contact form to have a personable loan professional call you.
In all of these regards and so many more, a title loan can be a wonderful thing. It can help you out of a tough situation and may offer you benefits over other types of borrowing. So, what are you waiting for? Get in touch with us today to learn more and, when you’re ready, take the first steps toward possibly getting your title loan funds!
1. This is not a guaranteed offer of credit. Loan approval is subject to meeting the lender’s credit criteria, which include demonstration of your ability to repay the loan, providing collateral of acceptable value and equity, and the grant of a first priority lien on your motor vehicle. Due to the Military Lending Act, installment loans secured by the borrower’s motor vehicle are not offered to military members or its dependents.
