Our Title Loan Benefits
WE WORK TO GET YOUR TITLE LOAN FUNDED!
WE WORK TO GET YOUR TITLE LOAN FUNDED!
The lending experts at Highway Title Loans make getting cash for your car’s title easy. Please fill out our online application and answer a few questions from our underwriting team. Then once you’re approved, you can get the funds quickly and keep driving your vehicle for the life of the loan!
In most states, there’s no store visit required, and you can often finish the application and underwriting process in less than an hour. We’ll work with you to get reasonable terms with a funding amount and interest rates that work for both parties.
Getting approved for auto title loans is much easier than most other short term loans. Unlike a personal loan, bad credit isn’t a significant issue when you apply with Highway Title Loans. While most lenders will still look at your employment history and ability to repay a loan, they care more about your ability to repay a loan than your recent credit history.
Regarding the payment terms and APR, it’s all about the amount of equity available in the vehicle. You should have no problem qualifying for same day cash if you have a paid-off pink slip with enough equity in the car. Other factors, such as showing proof of income and verifying your credit score, will be necessary during the underwriting process. Ultimately most companies that offer car title loans completely online want to know that you have a newer paid off vehicle.
The approval process for online title loans can be completed in less than 24 hours. You’ll first need to fill out an online application and determine how much money you’re looking to borrow. It will ask for details about your employment history and vehicle information.
After you click submit, the underwriting team will evaluate the application to use your car as collateral for a loan. They may need additional info or background information about your vehicle or financial history, but most applicants will get a funding decision within a few hours. Besides applying directly online, you can also submit your information over the phone or in person. Your state and third party factors will determine how much cash you receive.
Car title loans online aren’t for everyone, but there may be some benefits when you apply online with Highway Title Loans. By far, the most significant incentive of a title loan is that you can quickly be approved and get your cash. The main requirement is that you have a clean and clear car title. Compare that to other unsecured loans, which take days to get approved and require a good credit score. Here are some other reasons why secured loans can be a great option.