How To Get A Loan With No Credit At Southwest Title Loans
June 14, 2021 | Emma Frost
If you don’t have credit, you’re not alone. Many of us are dealing with either not having credit or having really poor credit. The good news is that it’s easy and fast to learn how to get a loan with no credit from Southwest Title Loans.
Here’s a look at how Southwest Title Loans in Arizona makes getting a car title loan a breeze — even without credit.
Do You Have No Credit? It Is No Problem
According to consumercredit.com, about 26 million Americans have no credit history. That can be a roadblock to getting everything from a credit card and a mortgage for a home to being able to lower your credit card’s charges.
Having no credit can sometimes prevent you from receiving certain loans to help your financial situation. But at Southwest Title Loans, no credit is needed to receive a car title loan.
We here in Southwest Title Loans frequently work with customers with all types of income to help them with a car title loan. All credit is welcome at Southwest Title Loans, whether your credit is nonexistent, bad, or good. That's how to get a loan with no credit.
What Is A Car Title Loan?
Car title loans are short-term loans designed to assist someone in getting cash quickly and easily for a variety of needs. These needs include unexpected travel, emergency medical care, and pressing home or car repairs and improvements.
Car title loans use your car’s title as collateral for a lump sum of cash. Borrowers exchange a vehicle’s title for cash and agree to pay back the loan by a certain period of time, typically a month or two.
Borrowers keep the cash — and keep their car. We possess your title during this time but do not have possession or access to your car. At the end of the duration of the loan, we will return the title to the borrower.
What You Need To Get A Car Title Loan
The requirements for getting a car title loan are simple. You need a vehicle, a lien-free title that you own outright, a photo identification, proof of residence, proof of income, and government-issued identification, preferably a driver’s license. You also must be at least 18 years old.
Advantages Of A Car Title Loan
There are many advantages to a car title loan. First and foremost is that you do not need credit to get one. Also, if you get approved, you could get up to $15,000 to help with your emergency expenses.
You can also get a car title loan very quickly, typically within the same day you get approved. This is extremely helpful for those who need cash as fast as possible.
Once the process begins, it takes about 30 minutes to get final approval after one of our loan representatives inspects your car. In the end, you could receive a car title loan to immediately use for emergencies without worrying about credit.
How To Get A Loan With No Credit
It all starts with one phone call or filling out on short form online. Here’s how it all works:
- Go to our website or call 623-266-9163 to start the process. At this stage, we will ask you for your basic information and answer any questions you have. We will also schedule a meeting with you at the nearest Southwest Title Loans Arizona location.
- At the store location, your car will undergo a quick inspection to figure out the resale value. This value will allow us to determine how much you could qualify for. They will also look over your other items. This takes at the most 30 minutes to fully complete.
- We will then determine if you qualify for approval. If you do, we will help you with the paperwork and go over the loan terms in detail. You can ask any questions you have and we will make sure you understand everything. Once you do, we will give you the cash you qualify for.
Don’t Let Your Poor Credit Get In The Way
Want to learn how to get a loan with no credit? Trust Southwest Title Loans, a company that has a long history of helping people like you get a car title loan with no credit to help you get back on your best financial feet.
We are proud to offer car title loans that can help you with some of life’s biggest, unexpected, and stressful challenges. At Southwest Title Loans, we have your best interest at heart and will work closely and easily with you through every step of your loan. It's our mission to show you clearly and easily how to get a loan with no credit. Fill out the online form when you are ready to get started.