Why Should I Get Title Loans In Mesa, AZ With Southwest Title Loans?

When faced with emergency expenses, such as medical bills, auto repairs, and unexpected travel costs, you need a fast financing option. This is where Mesa, AZ, title loans can come into play. This emergency borrowing option allows you to receive money within one business day based on your car’s value, as long as you own it outright.

In this guide from Southwest Title Loans, we will explain what makes title loans in Mesa, AZ, so appealing when faced with urgent costs. We will also review how to get a title loan in Mesa and some of the benefits that make it a better option over other loans.

Top 5 Reasons To Get Mesa, AZ, Title Loans

A title loan is a secured loan that lets you borrow up to $15,000 based on your vehicle’s value. As long as you have fully paid off your car, truck, or motorcycle, you can use your lien-free vehicle title to secure the loan today. However, title loans are just one of many emergency financing options. What separates title loans from the rest?

Here are five reasons why you should consider a title loan in Mesa, AZ, for your emergency costs:

1. Simple Requirements

When seeking loans at traditional banking institutions, you will have to worry about having a long list of required items. It can take a while to secure these documents and weeks for the bank to review your requirements.

That is not the case with title loans. At Southwest Title Loans, we require just three items that you should be able to find at home easily. As long as you can prove you have fully paid off your vehicle, you have a good chance of getting approved.

The following are the required items for Mesa title loans:

• Driver’s license – To get approved for any loan, you must prove your identity and age. Arizona law dictates that you must be at least 18 years old to borrow money in the state. You can use your driver’s license or other state-issued photo IDs, such as your passport, military servicemember’s card, or state ID.
• Lien-free vehicle title – you must own your vehicle outright to get approved for a car title loan. By having a lien-free title, you prove that you have cleared your car of any debts, liens, or judgments. The title must also be in your name to legally use it to secure a loan. If it’s not, you must get a title transfer at a local DMV office first.
• Vehicle – We must inspect the vehicle attached to your title before gaining approval. We will use your car’s value to determine how much you can qualify for. During the inspection, we will look at its age, make, model, condition, mileage, and service history.

As you can tell from the requirements listed above, you do not need to prove your creditworthiness to get approved for a title loan in Arizona.

2. All Credit Types Accepted

When getting an Arizona title loan, you don’t have to worry about proving your credit score. A loan provider or bank would require good credit for an unsecured loan to prove you can be trusted to repay the loan on time. This is not an issue with title loans because they are secured with collateral.

If you fail to make your payments, the lender can seize your vehicle to recover the value of the loan. As long as you meet the requirements mentioned above, you can get approved for title loans for bad credit.

On top of not needing to prove your credit score, borrowing a title loan also will not lower your score.

3. Title Loans Don’t Lower Your Credit Score

When getting a loan at a traditional banking institution, they will likely conduct a hard credit inquiry to see what your score is. The major credit bureaus will be notified of this action, which led to a small reduction in your score. You won’t have to worry about that with Southwest Title Loans because we don’t do hard credit inquiries. We may do a soft credit check, but this won’t lower your score.

Your credit score won’t go down from taking out a title loan. We don’t report our loans to the major credit bureaus, so they won’t be notified if you miss a payment. You can handle repayment on your terms without worrying about your score being reduced because of your title loan debt.

In addition to all of the benefits regarding credit, borrowers can get a loan for quick car title loans in Mesa, AZ, in just a few steps.

4. Quick Approval Process

Getting approved for fast title loans in Arizona takes less than a day. You can begin the process online today and get approved in person in less than 30 minutes. You will just need to complete a few steps with Southwest Title Loans.

Here is the approval process for Mesa, AZ, title loans:

• Fill out our online inquiry form in just a few minutes
• Speak to a loan specialist over the phone about loan terms
• Bring your required items to the nearest Arizona store location
• Have your requirements verified and your vehicle inspected for its value
• If approved, sign the loan agreement to finish the process
• Receive your title loan cash later that day or by the next business day

Once you receive title loan approval, you can get your money fast to handle your emergency costs. The best part? Even though it’s a collateral loan, you won’t have to give up your car.

5. Keep Your Car During Repayment

You won’t have to sacrifice your car while repaying your title loan. It’s a title loan, not a car loan. We will take your vehicle title and place a lien on it. You get to keep your car to continue commuting to work, school, etc.

Repayment can vary depending on your financial situation. You can either repay it all at once or take a few payments to square away your debt. Just remember that title loans do collect interest, so it will cost more the longer it takes. Once you pay it off, we will clear the lien on your title, and you can pick it up.

Does a title loan seem like a good option for your financial emergency? Begin the process today by taking a few moments to fill out our online inquiry form.

Borrow Title Loans In Mesa, AZ – Borrow Up To $15,000 Today?

Ready to get fast financial relief in Mesa, AZ? Southwest Title Loans is here to help with our title loans. Get approved today in just a few easy steps. You can borrow title loans no matter your credit score and even get to keep your car during repayment, etc. Begin the process today by filling out our online title loan form and visiting us in person to get approved in 30 minutes!

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.