Get A Same Day Online Title Loan In Idaho

If you own a paid off car, then you can qualify for same day funding with a title loan in Idaho. All types of credit are accepted for this type of loan, and borrowers can qualify for up to $15,000 with high value vehicles that have low mileage. The best part about a title loan is that you can get cash sent to your bank account quickly or pick up the funds in person! Customers who get their title loans processed and underwritten by 2 pm MST can get their cash in one business day!

Highway Title Loans provides access to equity funding online in cities such as Boise, Meridian, and Twin Falls. Let's find out how much you can borrow with a title loan in Idaho and what's required.


When To Consider A Title Loan In Idaho And What's Required?

All Idaho residents can qualify for title loans even with poor credit or any other credit challenges they might be facing. Lenders do not run credit checks, nor do they care about your past or current financial situations - all that's needed is your vehicle's vehicle identification number (VIN) and odometer reading to complete the application. After that, we need proof of income, and proof of a lien-free vehicle that's titled with the Idaho DMV. In some circumstances, you may need proof of vehicle registration, comprehensive insurance coverage and proof that your vehicle runs which often occurs with a brief vehicle inspection.


Here are a few more details on Idaho title loans:

- These loans are offered to any qualified borrower with a paid off vehicle in Idaho. There are also ways to get cash from direct lenders in Nampa and Coeur d'Alene, but your lending options and quotes will be limited compared to how many companies are in Boise.

- Applicants will need a car that's paid off, and it's best to have a car that's ten years or newer with low mileage. If the vehicle is under ten years old, then there's a good chance your credit score will have little emphasis on your underwriting approval.

- Auto title loans allow qualified applicants to place their vehicles or another item with value up as collateral. The borrower is free to use their car during the term of this type of loan, but if they fail to make payments on time, then the lender reserves the right to take back their automobile. A repossession is the last resort for a lender to pursue in response to a lack of payments. State laws in Idaho protect consumers when a lender threatens a repossession, so make sure you understand how companies are limited in their repo options. Work with your title loan company if you are in danger of missing payments.


Twin Falls Idaho


Title Loans In Idaho With A Bad Credit Score

Idaho residents with bad credit can take advantage of title loans, allowing them to borrow money using equity in their vehicle. The same applies to those with past due accounts, judgments, or collections on their credit report. Idaho residents can apply for these loans regardless of any negative items on their credit reports, provided they fully meet all eligibility requirements. When underwriting a financing request, lenders consider the borrower's income amount and stability. Once your application is approved, you will be given a few options to mitigate your credit score.

- A co-signer option may be available for those with awful credit. This alternative allows someone to get a title loan even if they have a recent bankruptcy or can't show enough monthly income. The co-signer must have good credit and be able to make the installment payments on time.

- No inspection title loans provide borrowers with a fixed repayment term based on the loan amount and interest. Still, some lenders offer flexible terms for borrowers who need more time to repay their loans. For example, most Idaho lenders provide monthly payment options, but borrowers might not qualify if their income isn't high enough or they have poor credit scores.


Loan Amounts With A Title Loan Company In Idaho

You have two choices when applying for a car title loan in Idaho. Find a local lender at any location within the state. This includes those in Boise offering same day cash funding, and you can expect a loan amount of $1,000 to $15,000 based on your vehicle's resale amount.

The other option is to apply for instant approval with title loans online. You can also complete this process from home anytime and expect a pre-approval in less than 30 minutes. Funding is just as quick for online companies as some lenders can send the cash that same day straight to your bank account by ACH or bank wire.


Apply With A Local Title Loan Company In Idaho

Your first stop when speaking with car title loan lenders near me should be over the phone since this is often your chance to ask face-to-face questions.

If you have an Idaho vehicle title with no liens or loans, chances are you could qualify for instant cash with Highway Title Loans. You can use your free and clear car title as collateral to borrow up to $15,000 on the spot with any Idaho lender. Start your application online with Highway Title Loans or call us at 877-433-5454!


Boise Idaho