Get Started on the Documents Needed for a Title Loan

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A car title loan is a good idea when you are dealing with unexpected expenses. A car title loan is a strategy that allows customers to use the title to their qualifying vehicle as collateral when acquiring a loan. You can get extra cash that could reduce your stress level and give you peace of mind.4

The amount we can offer on a car title loan ranges depending on the state you live in. This amount is enough to pay off emergency bills like:

  • Rent
  • Helping out your family member
  • Repairing a house
  • Car repair and maintenance
  • Buying a house
  • Refinancing your car title loan
  • … and many more unexpected emergencies!

Loans are valuable forms of financial support when you are faced with a costly bill that you can’t pay. Whether you need emergency money to pay for your recent emergency room visit or orthodontic surgery, a fast loan may be able to help you avoid late fees and excess charges.

Documents Needed to Receive a Title Loan

You will need to provide a car title as collateral in order to get an auto title loan. You will be requested to provide financial documents to prove your income. If you are not employed, you can still qualify for the loan.

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Take a look at the general documents you may need for a fast loan:

Car Title

The car title is used as collateral for a cash loan, so you will be asked to provide the document in your name. If the car title is not in your name, you must have the title transferred at your local DMV to inquire for a cash loan. A title loan agent could help guide you through this process.

Photos of the Car

When you inquire for cash loans online, you can skip the in person vehicle inspection! Instead, you will simply have to take clear photos of your car using your smartphone. Make sure to take a photo from each angle and show the vehicle identification number (VIN) and odometer reading. The VIN is usually located on the exterior windshield of the driver’s dash or on the interior of the driver’s door.

Proof of Income

The ability to repay a cash loan is one of the main factors for qualification. To show you receive consistent income, you can show bank statements, paycheck stubs, etc. Retired people can provide pension, SSA, or retirement account statements. Self-employed people can provide tax records and business financial documents and people with disability can provide social security document as proof of source of income.

Proof of Residence

To get a cash loan in your state, you must provide proof of residence. You can choose to use a recent utility bill, rental agreement, credit card statement, real estate tax bill, etc.


References are typically required for cash loans. Depending on the cash loan, you can provide personal or professional references.

How to Receive a Title Loan without Identification Documents?

In order to obtain any form of cash loan you need to provide a government-issued photo ID. Title loans offer flexible requirements and accept various forms of identification for approval! So if you have lost or misplaced one form of identification, you may be able to just use another! If you are without a specific form of identification, know that there are plenty of alternative options for you.

These forms of identification are generally accepted for title loans:

  • Driver’s License
  • State ID
  • Matricula Consular
  • And More!

If you don’t have one of these photo IDs, don’t stress! Talk to a title loan agent today by calling (855) 277-4847 to discuss your options. There may be additional identification options for you to get a cash loan! Everyone’s background is different, so call to discuss your unique situation.

Can I Use a Passport Document to Get a Title Loan?

YES! You can use a passport to get a car title loan. When you get a title loan, you need to submit a few documents. One of the pieces of documentation you must submit is a government-issued form of photo ID. Many times, this submission is satisfied by a driver’s license or a state-issued ID., but a passport is also perfectly fine. Since a passport requires your picture and is issued to you by the government, you can use it when you submit your documents.

How Can I Get a Title Loan with No Social Documents?

Car title loans usually come with flexible qualification requirements, so if you have no social, you may still be deemed eligible for this fast loan if you can provide alternative identification requirements. For example, if you have no social but you have an Individual Tax Identification Number (ITIN) a title loan agent may deem you eligible for funding!1

Will My Car Qualify for a Title Loan?

You may have a car title in your name, but your car has to have enough equity to qualify for a fast loan.1 Equity is simply the value of an asset, and a person could have either positive or negative equity in their car.

To find the current equity of your car, the amount you still owe on it is subtracted from the current market value. If the vehicles current resale value is more than the principal amount of the loan, then the car has positive equity. However, if the resale value of the car is less than the principal amount of the loan, then it has negative equity.

To qualify for a secure fast loan, your car must have positive equity. To find out if your car is worth enough for emergency funding, you could use an online appraisal calculator.

To use an online appraisal calculator you will need to know your vehicle year, make, model, style, and current mileage. This information is used to determine the overall value and if the car is worth enough, you may receive a free fast loan estimate!

If I Receive a Title Loan, How Can I Spend the Money?

Cash loans are meant for a wide number of financial emergencies. No matter what financial crisis you may be facing, a cash loan could help you cover it.

Some common emergencies borrowers need help with include hospitalization bills, house repairs, vehicle maintenance, costly dental procedures, rent, and more. If you lack the funds to cover an upcoming bill, a cash loan may be an ideal option.

But if you want emergency cash as quickly as possible, know that title loans have a reputation for offering fast cash upon approval. With a title loan, you may be able to receive your money the same day you inquire and get approved!3

Great Option for Title Loans

An auto title loan allows customers to use the title of their qualifying vehicle as collateral to acquire a loan. Title loans can be repaid in monthly installments. The good news is that if you pay your auto title loan off early, you will not be charged prepayment penalty fees. Once you get the title loan, we will place a lien on your qualifying vehicle’s title. The borrower can continue to drive the vehicle while making regular monthly payments. When the title loan is repaid in full, we clear the lien on the vehicle title and return the title to the owner.

Get Started with our Easy Application

Title loans could offer flexible qualification requirements, affordable terms, and incredible perks. You can get a loan using your car title as collateral without paying high interest rates. To get started on the fast inquiry process to receive emergency cash, you just have to get in touch with a title loan agent.

Ready to start your application? Great! To initiate contact and start the cash loan process, you can:

A title loan agent will collect your basic personal information and vehicle specifications. If your vehicle is preapproved for a title loan, you can proceed with turning in your documents. Once your documents are collected and verified, you can be fully approved for a cash loan!

A title loan contract will be drawn up and you will go over the repayment details with your agent. Ensure that you understand when payments are due, how much is due monthly, what the rates are, and when your last payment is expected. Once all of your questions are answered and you feel confident about your financial decision, go ahead and sign the title loan agreement.

Title loans serviced by LoanMart offer unmatched speed and quality service.1 Start the inquiry process today and you could receive cash in as little as 24 hours after approval!3

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