If you are currently in need of some emergency funding, you might give some consideration to obtaining a car title loan to meet your needs. Auto title loans in Paducah, Kentucky are available without having to visit a loan store!
Most banking these days can be done completely online, and the same applies to title loans. Whether you live in Paducah, Hopkinsville, Henderson or anywhere else in Kentucky, an online auto title loan could allow you to borrow against your car or truck without an onerous visit to a loan store!1
Keep reading to learn more about car title loans and how to get one completely online.
Getting a Title Loan Online in Paducah, Kentucky
Car title loans can be a good funding option for individuals with less than perfect credit because they are secured. The secured nature of this credit option allows title loan providers to focus less on your credit history when you apply, and put more emphasis on your vehicle's value and your ability to make loan payments based on your current income.
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Take the first step and call our toll-free hotline to speak with a specialist.
Online title loans serviced by LoanMart in Kentucky are installment loans , which means your loan will be repaid over time, with monthly payments.
How is the Title Loan Secured?
When you are approved for an auto title loan serviced by LoanMart in Paducah, a lien is placed on the Kentucky-issued title to your vehicle. The lien documents the lender's right to your vehicle, and makes the lender the lienholder. The lien will be in place for the duration of the loan, but you keep your car while you make your payments on time. Once the loan is fully repaid, the lien will be removed and you will get the title to your car back!
Documents Needed for a Car Title Loan in Paducah
With title loans serviced by LoanMart, you don’t need to take your documents to a loan store to drop them off. Instead, after being initially approved for a title loan, you can submit the required documents online or via email or text message!1
While the exact documents can slightly vary from one application to the next, Paducah applicants can generally expect to need the following:
- Government Issued Photo Identification: Some form of photo identification is required, for example a driver’s license or state-issued identification card.
- Proof of Income: Such as recent pay stubs, Social Security statements, pension, retirement account statements, tax returns, etc.
- Proof of Residence: A document with your current Paducah, KY address like a utility bill or phone bill can satisfy this requirement
- Qualifying Title to Your Car: The car title must be Kentucky-issued and in your name
- Photos of Your Vehicle: Photos of the front, back, both sides of your car, odometer and VIN to verify the make, model, year, and condition
What Is The Title Loan Process in Paducah, Kentucky
With title loans serviced by LoanMart, there is no need to visit a loan store to get through the entire process. Just follow these three steps to get your money in as little as one business day!13
- Step One
The first step is to apply for your Paducah title loan, either by completing the online form or by calling us. The application will ask some basic information about your vehicle, identity and income.
- Step Two
Once your application is fully completed and submitted, it will be processed to determine if it meets the loan criteria.1 Upon approval, a loan officer will let you know what exact documents will be needed to verify your vehicle and confirm your application information.
- Step Three
After reviewing your documents and confirming all application information, you can finalize your loan terms with a loan officer.1 You'll then receive your title loan contract for review and signature. Once you've signed your contract and mailed in your vehicle title, your loan funds will be made available as soon as same-day!13
If you’d like to get a title loan in Paducah, Kentucky without going to a store, then a title loan serviced by LoanMart might be for you. With competitive interest rates, flexible approval terms and a fast and convenient process, a title loan serviced by LoanMart can be a compelling option for many Paducah residents.
Apply online today and get the funding you need fast!1!