Are Title Loans Easy To Apply For?
Life can be unpredictable and force you to deal with unexpected financial emergencies, such as medical bills, job loss, and home or auto repairs. When life throws financial surprises, Southwest Title Loans makes applying for a title loan fast and easy—no hassle, no wait.
This guide from Southwest Title Loans will explain how to get fast title loans in Arizona with our simple approval process. We will also review some of the benefits of easy car title loans, including no credit requirement, no income verification, and same-day cash.
5 Reasons Fast Title Loans In Arizona Are Easy To Apply For
Getting a car title loan is easy with Southwest Title Loans. Our application process makes getting approved easy; it can take less than 30 minutes to get approved in person for an Arizona title loan. There are many advantages to our title loans that make them easy to apply for, giving quick help to borrowers struggling to afford financial emergencies.
The following are five ways fast title loans in Arizona are easy to apply for:
1. Start The Process Online
While you will have to come into a store location during the process, you can start the process online. This allows you to read up on how our title loans work on our website. You can verify that the loan terms work for you before getting started.
Instead of driving to a loan store and sitting for hours waiting to start, you can start to apply for a title loan instantly at the tip of your fingers. Filling out our online form takes less than five minutes and can jumpstart the process of getting you the rapid cash you need.
2. Simple Car Title Loan Requirements
Unlike traditional banking institutions, which require tons of documents that can take weeks to compile, we have simple requirements to apply for a title loan. We keep things simple to help those in urgent need of financial help.
At Southwest Title Loans, you will only need a couple of items to get verified for a car title loan. These items can prove your identity, age, and car value, as well as your car title being lien-free.
The following are the required items for title loans in Arizona:
- Your driver’s license or state-issued ID card to prove you are over 18 years old
- A lien-free car title in your name
- Your vehicle for a quick inspection
3. No Credit Check Required
Another reason getting a title loan at Southwest Title Loans is so easy is that there is no credit check required. Since you use collateral to secure the loan, we do not require you to verify your creditworthiness.
Instead of wasting time determining whether your credit score is high enough to qualify, we skip this step altogether. You won’t have to worry about getting rejected because of bad credit or delay getting the help you need to improve your credit score.
You can get a bad-credit title loan today at Southwest Title Loans. Our no-credit-check title loans allow for easy, hassle-free approval.
4. No Income Verification
Many loans, such as payday loans and traditional bank loans, require you to verify your income by providing a pay stub or earnings statement. That is not the case with Arizona title loans. Proof of income is not a requirement for title loan approval.
You will not need to establish your income to get approved or to determine your loan amount. As long as you have the required items above and have fully paid off your car, you have a good chance of getting approved for fast title loans in Arizona.
5. The Title Loan Approval Process Takes Less Than 30 Minutes
After starting the process online and discussing loan terms over the phone, you can come into one of our six Arizona store locations to complete the process. This in-person process takes less than 30 minutes since you’ve already done all the work of providing your essential details.
The in-person meeting only requires us to verify that you have the necessary items and your vehicle’s value from an inspection. Our friendly and helpful loan representatives will handle this process quickly, making it easy for you to get approved in person for quick emergency cash.
The following are the steps involved in getting approved for an Arizona title loan:
- Submit your information through our online form
- Discuss loan details over the phone with a loan representative
- Gather your required items and head to an Arizona store location
- Get your required items verified
- Allow the loan rep to inspect your car’s value to determine your loan amount
- Sign documents to complete the approval process
- Receive your rapid cash the same day or the next business day
FAQs
How much can you borrow with title loans in Arizona?
Borrowers can receive up to $15,000 from title loans. However, this is the maximum amount, and most borrowers will not get that much. Your loan amount depends on the value of your vehicle, which is determined by its age, make, model, condition, and mileage.
Will borrowing a title loan lower my credit?
We do not do hard credit checks, so your credit score will not go down from the title loan application process. We also do not report our title loans to the major credit bureaus, so you can safely get cash loans with a title without worrying about the credit impact.
Are there fees associated with title loans?
You will have to pay interest on your title loan, meaning the price will increase by a percentage the longer it takes you to repay it. You will also have to pay late fees if you miss a payment due date.
Apply For A Title Loan In Arizona – Borrow Up to $15,000 Today!
Getting fast title loans in Arizona is easy with Southwest Title Loans. You can get approved the same day you apply due to our simple requirements and quick approval process. You also don’t have to worry about your credit score or income affecting your loan approval. Contact us today for assistance by filling out our online form or calling an Arizona store directly to discuss title loan terms 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.
