The amount of your loan is dependent on your vehicle’s equity. To determine the equity, your loan officers will look at its make, model, age, condition, mileage, and current resale value. This will determine how much you can get from your loan. If your vehicle is worth $11,000, you could receive up to $11,000 through an auto title loan.
Our customers are able to get preapproved for a loan amount in less than 15 minutes. Once you have been preapproved, you can expect to receive payment in as little as 24 hours. This process can bed expedited by gather all of the required documents before applying.
Before applying, we recommend that you gather all of the required documents. This will expedite the loan process and get the money to you faster. Typically, we will need basic documents like:
We only have a few requirements for our title loans. Whereas a traditional bank will require tons of paperwork and incredible credit, we will approve you for a loan with minimal paperwork and no credit. Our requirements include:
An auto title loan (also referred to as a pink slip loan) is based on the value of your vehicle and not your financial history. Title loans are secured by the value of your vehicle, which means the title will be used as collateral, hence the name. You get to keep driving your vehicle while making payments on the loan and, once the loan is paid off, we will return the title to you.
Auto title loans are the perfect solution for people in need of fast cash but who have poor credit. Since the loan is based on your vehicle, you can get approved for a loan amount with low or no credit. These loans come with low requirements and minimal paperwork, which makes them one of the fastest ways to get extra cash.