Can I Get A Title Loan With A Title Not In My Name

A title car loan is a great way to access emergency funds quickly, but in order to apply for a title loan, you must be the owner of the vehicle and listed on the car title. In fact, one of the top phone call questions of title loan lenders is “Can I get a title loan if the car title isn’t in my name?”


How To Get a Title Loan With Title Not In My Name?

The simple answer is no, you’re ineligible to apply for car title loans if the pink slip you want to use as collateral is not in your name. A pink slip needs to be in your name to get approved for a title loan.A title loan is designed to help those who need money quickly to get access by using their car as collateral. You need to own something in order to use it as collateral as a title loan cannot take something that belongs to a third party.

However, if the car does actually belong to you there are plenty of options. In most states transferring a car title to your name is a quick and easy process. By simply taking a few extra steps and putting your name on the title you can be eligible for a title loan.


Can I Get a Title Loan if Title is In My Name and Someone Else’s?

While you need to check your state’s statutes, in most states if your loan title has more than one name both parties are eligible for a title loan. In some states, both parties may need to sign for the title loan. It is important to check with your state’s laws or call a title loan vendor to ask for advice. Most title loan lenders are well-versed in title law and are extremely helpful with questions. In other scenarios, they can help you get out of a title loan with other companies that high fees or APR’s.  The same distinction applies in this case, as the vehicle title needs to be in your name.


How Do I Get My Name on My Car Title?

If you own a car but do not have your name on your car title, you can be eligible for an online title loan if the car loan title is not in your name by taking the proper steps to change the situation. There are several different reasons why you may own a car but don’t have your name on the title yet. Some of the most popular include:

  • Inheriting a vehicle
  • Just finished paying off a loan
  • Gifted vehicle (from parents, etc.)
  • In the process of buying a vehicle from another person

In all of these situations simply taking a few steps to get the car title loan is all it takes to become eligible for a secured loan or if you pawn a car title for cash. The first thing you need to do is contact the ar title owner and have them sign the title which will release their own claim to the car. Then you take the title down to your local Department of Motor Vehicles and request to purchase a new car title and registration that shows you as the new owner.

All states require different proof of identity so check before you go get the car title in your name, but you should expect to need some combination of a government photo ID, money of the fee, signed car title, and a transfer of ownership form. There is usually a small cost associated with the transfer, but it also differs by state so calling your local DMV is the best way to prepare. One example of this is what happens when you need to add or remove a beneficiary to the title after death. These situations are unique, but they come up every now and then when someone needs to quickly update a pink slip.


Can I Get a Car Title Loan if the Title Has Not Been Signed over to Me?

If you want a car title loan online but have lost your title or misplaced it you can head down to the DMV and ask for a replacement title. You can usually do it in person or by mail and if you have a reasonable amount of information the process should not take long. After it is complete you can obtain a title loan so long as you meet the lender’s criteria.


Contact the DMV to see if you can get a vehicle title transferred over to you.

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