What are Car Title Loans in Springfield?
Car title loans in Springfield, otherwise known as pink slip loans or auto equity loans, are a type of secured loan. With a vehicle-secured loan, you are required to pledge your vehicle’s title as collateral for the loan in order to borrow against the equity of your car or truck. If you’re one of the many Springfield residents who rely on their vehicle to commute to work, you may be concerned about the whereabouts of your car if you qualify for a title loan. You can continue driving your car during the repayment process as long as you make timely loan payments! When applying for an online title loan serviced by LoanMart, your vehicle’s value and your income will be the primary factors determining your eligibility for funding.1
If you don’t know the current amount of equity in your car, you can use LoanMart’s online calculator to learn more about your vehicle’s title loan value. Enter some brief details about yourself and your vehicle into the form, and you can get an instant title loan quote with zero obligation. If your vehicle is still being financed, you may need to complete a payoff authorization form so your new title loan lender can pay off your existing lender. Additionally, Springfield borrowers will typically be asked to complete a Bureau of Motor Vehicles Power of Attorney form, sign it in the presence of a notary public, and have the form notarized in order to complete the title loan process.
When applying for an auto title loan online, you will need to submit proof of income to demonstrate you’re capable of handling monthly loan payments. If you don’t have a traditional job, you can upload a document that shows you receive regular pension income, Supplemental Security Income, workers’ compensation, or another qualifying source of alternative income.
If you feel confident about getting a car-secured loan, you can start your application for a title loan serviced by LoanMart by submitting a brief prequalification form online or by calling a loan officer at 855-422-7412. A qualified applicant can expect a convenient application process and receive quick cash as soon as the next business day!3

How Do I Qualify for Auto Title Loans in Springfield?
Applying for auto title loans in Springfield, Ohio, can be as convenient as possible through title loans serviced by LoanMart. But in order to qualify for a car title loan as a Champion City resident, you must meet the respective application requirements and upload a few documents to verify your personal information.1
Whether you’re applying for a title loan in Springfield or surrounding towns, such as Columbus or Cincinnati, you must meet the criteria listed below to get approved for emergency funding:
- Be of Legal Age to Submit a Loan Request Online
- Demonstrate Your Ability to Cover Loan Payments Through Evidence of Income
- Have a Car, Truck, or SUV with a Qualifying Amount of Positive Equity
Below is the list of documents you can expect to turn in when applying for a car title loan online:
- A Title to a Vehicle in Your Name
- Evidence of Your Current Residence in Springfield
- Pictures of Your Car to Complete a Virtual Inspection
- Proof of Identity Through a Valid, Government-Issued Photo ID
- An Acceptable Document to Prove Your Income, Like a Bank Statement or Pay Stub
If you decide to apply for personal title loans in Springfield serviced by LoanMart, you can submit your documents online, or simply text or email them directly to a title loan representative. You can expect a hassle-free application process if you meet the loan criteria and submit the right paperwork! Don’t hesitate to check out our FAQ page if you have questions about applying for a car title loan.
What Factors Influence the Total Loan Amount I Can Get Through Online Title Loans in Springfield, OH?
Through an auto title loan serviced by LoanMart, you can potentially borrow up to $15,000 if you’re eligible for quick funding. While the average loan amount for a title loan in Ohio serviced by LoanMart is $4,224, the amount you can personally receive is based on the following two factors:1
- Value of the Vehicle: Your car’s value is determined primarily by its age, make and model, and style. Other factors, such as the market demand and the vehicle’s current condition, will also impact the total value of your car.
- Borrower’s Income: As previously stated, you’re required to provide proof of income during your application to show that you are capable of making payments on your loan. You can submit recent pay stubs, bank statements, benefits letters, or an alternative source of income.
Both of these characteristics will greatly impact your total loan amount if you are eligible for a Springfield title loan serviced by LoanMart. If your car is worth a lot and you can provide proof of sufficient income during your loan request, you can expect a high loan amount! Use LoanMart’s online title loan calculator to get an instant title loan quote today.1

What is the Minimum Credit Score for a Title Loan in Springfield?
Secured loans, like car title loans, are known for their flexible credit requirements in comparison to traditional bank loans. However, some title loan lenders have a minimum credit score requirement that applicants must meet in order to get approved for fast funding. If you’re curious about the minimum score required for approval, note that the criterion can vary by lender, and some title loan companies do not have this requirement at all.
If you apply for an auto title loan serviced by LoanMart, you can qualify for emergency cash, even if you have a poor credit score.1 Keep in mind that if you’re searching for no credit check title loans in Springfield, it will be extremely difficult for you to find them. A credit check is a regular part of a title loan application because lenders must appropriately verify your financial history to determine your creditworthiness and ability to handle a new debt obligation, like a title loan. Since your credit history isn’t the main focus of your application, if you have a vehicle with a considerable amount of equity and the ability to make title loan payments, you can get approved for a car title loan with a bad credit score! Call a LoanMart title loan officer at 855-422-7412 for more information about getting online title loans in Springfield without perfect credit.
Why Apply for Personal Title Loans in Springfield, Ohio?
In addition to getting a personal title loan with bad credit, there are many other reasons why a car title loan may be a valuable resource to consider when you’re struggling with unexpected expenses and past-due bills. If you apply for an online title loan serviced by LoanMart and are eligible for fast cash, you can expect to access the following perks as a Springfield borrower:1
- Full Transparency from Start to Finish
- Competitive Interest Rates
- Flexible Loan Terms
- Convenient Payment Methods
- Receive Quick Cash in as Little as 24 Hours3
- No Bank Account Required to Make Payments or Get Funds
- Freedom to Use Your Funds as You See Fit
A car title loan serviced by LoanMart in Springfield can offer several advantages beyond fast funding. So why wait to apply for a convenient and accessible loan option? Apply online today or call a title loan agent at 855-422-7412 if you have questions about getting an online title loan serviced by LoanMart.
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Locations Near Springfield, Ohio
LoanMart is proud to help people all over the United States, including Springfield, Ohio and beyond! Look through the different LoanMart service areas and see which one is closest to your neighborhood:
Nearby States by Ohio That Offer A Title Loan Serviced by LoanMart
LoanMart is proud to help people all over the United States, including Springfield, Ohio and beyond! Look through the different LoanMart service areas and see which one is closest to your neighborhood: