Table of Contents
- How Can I Use My Title to Get Cash Near Me Open Today?
- Can I Apply for a Car Title Loan if I Have Bad Credit?
- What are the Requirements for Title Loans Near Me?
- Can I Apply for Title Loans Open Today Near Me if I Do Not Have a 9-5 Job?
- What are the Benefits of Car Title Loans?
- How Can I Find Auto Title Loans Near Me Open Now?
- How Can I Get Started on Applying for Title Loans Near Me Open Today?
Stuck in a tough financial spot? You might be asking yourself, “how do I find the best title loans near me open today”?
Finding a title loan that is right for your financial situation is easier than you might think! If money is short this month, a title loan can be the perfect solution to bills piling up or an unexpected expense. Instead of spending hours searching for the right loan option, let title loans serviced by LoanMart do the hard work for you.1
The online approval process can take just minutes to do, and it can be done from the comfort of your couch!3 Simply answer a few questions about your vehicle and income to find title loans near you.
How Can I Use My Title to Get Cash Near Me Open Today?
Are your finances tight this month? The first thing on your mind is likely how to find title loans open today to fix your emergency. When facing a financial emergency, a title loan can be your fastest option to get your cash under control.
Title loans are installment loans that are secured. When applying for a title loan, you are using the title of your vehicle as collateral for the loan. By using collateral, you may be able to tap into your vehicle’s equity and secure funding.1
Secured loans like title loans can offer borrowers many advantages besides cash:
- More Competitive Interest Rates: Title loans can have more competitive interest rates because collateral is used to secure the loan! Unsecured loans are more of a risk to a lender because there is no collateral if you default on the loan. A title loan removes the high risk of lending to you, so the interest rates can be competitive.
- More Cash: Unlike unsecured loans, your credit score isn’t what your loan amount is based upon. If your income can support a larger monthly payment and your vehicle has enough equity and value, your loan amount with a secured loan can be higher than an unsecured loan.1
- High Approval Rates: Unlike unsecured loans, secured loans like title loans have high approval rates because of the collateral.
Title loans can be the perfect way to get the benefits of secured funding!
Can I Apply for a Car Title Loan if I Have Bad Credit?
Bad credit history can stop you from qualifying for most traditional bank loans and other unsecured loans. With a title loan, your funding is secured. This makes the approval process much more flexible!1
While a lender will look at your credit history, it is not the biggest focus in the approval process. Instead, many title loan lenders will look at:
- Your Income: In order to approve you for a loan, a lender will look at how much you can afford per month. Reputable lenders will not approve you if you can’t afford a loan payment! Your debt-to-income ratio is also looked at during the approval process.
- Your Vehicle: Since the title of your car is the collateral for the loan, your vehicle is the most important part of the approval process.
Your loan amount is based upon your income and your car’s value and equity. These factors will be the biggest focus during the approval process instead of your credit history.
If you are not confident with your credit history and you are searching for title loans near me open today, there is hope! Title loans serviced by LoanMart have helped borrowers from all credit histories for over a decade. See if you qualify today by filling out a few questions about your income and car.
What are the Requirements for Title Loans Near Me?
Finding a title loan near you open today is easy, but you might be wondering what you need to apply. While every title loan lender might be different, there are a few documents and requirements you will usually need to have prior to applying.
What You’ll Need for Title Loans Near Me Open Today:
To apply for a title loan near you, there are a few requirements you’ll need to meet:
- Be at Least 18 Years Old: A title loan is a big decision! You will need to be at least 18 years of age to apply.
- Have a Steady Income: You do not need a traditional 9-5 job to apply for a title loan, but you will need some form of steady income throughout the month. Many title loan lenders will accept Social Security Benefits, retirement income, and self-employment as proof of income.
- Have a Title in Your Name: The title of the car must be in your name to qualify for a loan.
Can I Apply for Title Loans Open Today Near Me if I Do Not Have a 9-5 Job?
When you are looking to apply for a title loan open today, there are some questions you might have if you are not traditionally employed. Before a lender can approve your loan, they will need to verify that you have some source of income. Luckily, that doesn’t have to be a 9-5 job! Your income could be any of the following to qualify:
- Social Security Benefits
- Disability Benefits
Even if you do not have a traditional income, you can still apply for a title loan serviced by LoanMart! Check if you can qualify for title loans near you open today by going online, or calling a loan representative at 855-422-7412.
What are the Benefits of Car Title Loans?
Title loans can come with more than just cash! Here are some benefits you can look forward to when you qualify for a car title loan today:
- More Time to Pay: Other fast cash loans like payday loans are short-term loans. They will not have a lot of wiggle room when it comes to the amount of time you have to repay your loan! Fortunately, title loans can often have the option to extend your loan terms and give you more time to pay.
- Get Your Cash Fast: After receiving approval for a title loan serviced by LoanMart, some borrowers can get their funds in as little as 24 hours!3
- Apply Directly from Your Smartphone or Computer: With title loans serviced by LoanMart, you can easily apply from your phone or computer. No need to leave the comfort of your home!
- Use Your Money for What You Want: Whether you have a bill to pay or you just need cash for a rainy day, a title loan is it! Unlike other types of loans, you can use your cash for whatever you need it for when you are approved for a car title loan.
How Can I Find Auto Title Loans Near Me Open Now?
If you’re searching for the best car title loans near you open now, you’re in luck. Title loans can be easily applied for online!
With title loans serviced by LoanMart, applying for a loan is streamlined to help you during an emergency. You can expect these three simple and easy steps:
- Call or Click Online: With title loans serviced by LoanMart, a representative is just one call away. They are available for extended hours, seven days a week to help walk you through the application process or answer any questions. Or, go online and fill out a few questions about your car and vehicle to apply! It can take just minutes to do online or over the phone at 855-422-7412.
- Send in the Right Documents: After submitting your initial inquiry, a loan agent will reach out to you and help you through the next step to get approved. Like any other loan, there are a few documents you’ll need to submit to receive loan approval:
- Proof of Insurance and Registration for your Vehicle
- Proof of Address
- Proof of Income or Alternative Income
- Recent Photos of the Vehicle
- Driver’s License, Passport, or Other Government Issued ID
For your convenience, these documents can be submitted to your loan agent online!
- Sign Your Loan Contract and Get Your Cash Today: The last step in the approval process is to see if you qualify! If so, you’ll be able to look over your loan agreement with your agent and sign it. Any questions you have about your payment plan or loan can be answered! Borrowers that are approved through title loans serviced by LoanMart can get their cash through a check in the mail, direct deposit, or through any local MoneyGram.
How Can I Get Started on Applying for Title Loans Near Me Open Today?
Applying for a title loan near you can be simple and hassle-free! Get started with title loans serviced by LoanMart today by visiting the website, or by giving a loan representative a call at 855-422-7412.