Here's How Title Loans Can Get You Quick Cash For Your Car—Without Selling It
Title Loans Let You Keep Your Car and Get the Cash You Need
If you’re finding yourself in a financial bind, utilizing your car as a source of income can be a great option. There are plenty of ways to generate some extra income with it, but the majority of those ways won’t get you any lump sums fast, and we have all been in those situations where some unforeseen expenses required some fast cash.
Whether it be because of a broken water heater needing to be replaced or the medical bills from your last emergency room visit, expenses can quickly get out of hand, making it a challenge to meet those financial obligations by the deadlines given. If you find yourself in these kinds of situations, using your car for a title loan is an option to get the money you need fast. Here’s everything you need to know about car title loans or registration loans.
What Is A Title Loan?
A title loan is a loan given to you in exchange for your vehicle title, which unlike a sale, is returned to you upon repayment of the loan and allows you to walk out with your vehicle and money in hand. They come with several advantages, too!
What Are The Advantages of Arizona Title Loans?
Title loans are a way to get cash fast for emergency expenses, and we’re able to give large sums of cash the same day you apply for a loan. And unlike getting a loan from a bank, title loan businesses like Southwest Title Loans take all types of credit, whether it’s good, bad, or you just don’t have any, they work with all types of income.
If you are in need of fast cash and live in the southwest, title loan locations like Southwest Title Loans are able to give you anywhere from $300 to $15,00 when you walk out of the building. There is also the added bonus that the process to get one is fairly simple. Title loans are a good choice if you need quick access to cash as the process can be completed within just a few hours.
Easy Step-by-Step Guide To Getting A Southwest Car Title Loan
Starting on getting a title loan can be as simple as typing in title loans near me and find your nearest store location. Once you locate your nearest store, the process for acquiring one is the same. To get one, you will first need to:
- Apply - Fill out the online application or call and speak to a representative. If you choose to put in an online application be ready to hop on the phone as a store representative will call you to follow up and go over how everything works.
- Gather the Required Items - The store representative will go over the documents you need to present at the business location. These items will include a government-issued photo identification card, your vehicle, and its lien-free title.
- Vehicle Evaluation - The store representative will give you information on the closest and most convenient title loan location for you to get your car inspected but don’t worry about finding a store close to you because we come to you. Your vehicle will be inspected by a professional to determine how much of a loan you can get for it.
- Paperwork - If you choose to take the offered loan amount then all that is left is to sign some paperwork and walk out with both vehicle and cash in hand.
No Car Title In Your Name? No Problem! Here's Another Option
With a simple enough application process, anyone can apply for title loans and get the cash they need fast. However, what if you don’t have a title in your name? If for some reason a title loan does not work out or you need less than the minimum amount given for a title loan, Southwest Title Loans also offers you fast cash by applying for registration loans.
What is a Registration Loan?
A registration loan allows you to receive the money you need to face an emergency and you don’t need to own your vehicle title. They function very similarly to title loans in that the application process looks the same and it can be completed in as little as 30 minutes, too!
What You Will Need
Just as with a title loan you will first need to put in an online or over-the-phone application/request form and speak to a representative about the required documents and store locations. For registration loans, the documents needed will be:
- Your ID
- Your car for inspection
- Your most recent paystub
Once you gather the required documents and visit one of their locations to complete the final paperwork, you’ll be able to walk out with cash in hand and financially capable of tackling that unforeseen expense. Apply for your auto title loan 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.