Table of Contents
If you have a working car in your name, and you need quick financial relief, then consider getting a title loan against your car! But can you get a title loan if the car is not paid off?
One of the best title loan options out there is a title loan serviced by LoanMart! Keep reading to learn about the benefits and the easy approval process.
How to Qualify for a Loan Against My Car?
In order to obtain a loan against your car, you will need to meet the minimum requirements. Luckily, the qualification requirements are flexible and minimal when you work with title loans serviced by LoanMart.
You will need the following to be deemed eligible for title loans:
- A qualifying car with equity
- A car title in your name
- A consistent source of income
Title loans serviced by LoanMart work with different kinds of cars and even offer free cash values online for inquirers! You could easily and quickly find out how much money you could get with a title loan against your car by simply inputting your car make, model, style, year, and mileage.
If your car is not paid off, you could still qualify if the value of your car is greater than the money you currently owe on it.1
How Fast Can I Get Money with a Loan Against My Car?
If you need money as soon as possible to pay off an upcoming bill, then consider a title loan against your car. The approval process is incredibly fast, especially when you work with title loans serviced by LoanMart!1
With a title loan serviced by LoanMart, you could potentially be approved and get your emergency money the same day you inquire!1, 3 Due to a convenient online process, you can save time by uploading all of your documents online and submitting pictures of your car instead of completing an in-person inspection. So, if you need money as soon as possible, turn to title loans serviced by LoanMart!1
Can I Get a Loan Against My Car if I’m Unemployed?
If you are currently unemployed, you may be concerned about your eligibility for a title loan. Title loans serviced by LoanMart have flexible requirements, which means that many alternative income documents are accepted!1
So, whether you are unemployed, retired, or even self-employed, you could still be eligible for title loans as long as you can prove your ability to make payments on time.1 Working a traditional job is not ideal or possible for everyone, so why should that hold you back from obtaining the financial support you need?
Take a look at some alternative documents that may be accepted as proof of income:
- Bank statements
- Social Security benefit statements
- Tax returns
- Workers’ compensation letter
- And more!
If you have any questions about your specific financial situation, do not hesitate to call (855) 277-4847 and speak to a title loan agent.
How Can I Spend the Money I Obtained with a Loan Against My Car?
Taking out a loan against your car is one of the fastest ways to handle unexpected bills and expenses. But are there restrictions on what you can do with the money?
When you work with title loans serviced by LoanMart, there are no limits as to what you can do with the money. This means that you can use your approved funding to handle any financial emergency.
Take a look at some popular reasons why people choose to obtain title loans:
It is far more likely that someone has medical insurance than dental. Dental procedures are costly–even with insurance–and a lot are considered cosmetic. For example, if you broke a veneer, you could be looking at a bill that’s over a thousand dollars! With a title loan, you could quickly schedule your appointment and get your smile back.
Owning a pet is expensive, as they need care and medical visits semiannually. But if your pet has torn a ligament or has their stomach pumped, you could be looking at spending up to a few thousand dollars in care! Title loans could help you cover the cost of that bill.
Owning a home or even an apartment can cost a lot–especially if it is old. When your pipes burst or your roof collapses, you need immediate repairs. With a title loan, you could get the money you need quickly and conveniently to start scheduling repairs.1
Visiting the hospital can cost more than most people have at their disposal. If you broke your leg or had some tests done, you could be burdened with a bill that is over a few hundred dollars. Getting a title loan against your car could help you offset the high cost.
Inquire to Get a Loan Against Your Car
Owning a car means you have access to a valuable financial asset. When you need financial relief, you could get a loan against your car! If your car is not yet paid off, rest easy knowing that you could still be deemed eligible when you work with title loans serviced by LoanMart!1
The approval process with title loans serviced by LoanMart is fast and hassle-free, requiring only three simple steps. To get started on the inquiry and see if your car qualifies as collateral, just dial (855) 277-4847 to speak with an agent or complete an online title loan questionnaire.
Inquire today with title loans serviced by LoanMart and take back control of your finances!1