How does the Title Loan process work?
We follow a straightforward Title Loan process that allows you to borrow money using your vehicle title as collateral. First, fill out the brief online application for pre-approval of your car title loan. We will check the vehicle's fair market value and evaluate your requested loan amount. Then we will contact you and let you know whether or not you are pre-approved for your title loan. The fastest and easiest way to get a car Title Loan is to get pre-approved prior to visiting us.
Next, visit us and we will perform a quick appraisal of your vehicle and verify your ability to repay the loan. We will work with you to come up with a title loan amount and term that results in a monthly payment you can afford. For your convenience we have a car Title Loan Calculator on our site so you can do the research yourself if you prefer.
Next we complete the paperwork and provide you with your title loan proceeds, in your choice of cash or check. You drive away with your vehicle and continue to own and drive it during the term of the loan as you make your payments. Once you make your final payment, we return your vehicle title to you usually on the same day.
Make sure you bring the following:
- The Vehicle
- Lien free Title
- Government issued ID (Driver's License),
- Proof of residence (utility bill, bank statement, etc.)
- Proof of Insurance,
- Proof of income (two most recent pay statements or equivalent).
The whole process takes about 30 minutes.
Then make your monthly payments by:
- Mail (check or Money Order),
- Phone (Debit Card),
- Online (PayPay), or
- In person (Cash, Check, Debit Card, Money Order).
There is no need to visit us for every payment. After you make your final payment, we return your title to you.
The big advantage of a title loan, versus selling your vehicle, is you keep and continue to drive your vehicle while making payments.