How Auto & Car Title Loans Work
The basics needed to qualify for a title loan.
- You must be at least 18 years old (Min. Age Depends on Your Local Laws)
- Must have a steady income.
- Must have a clean title on the automobile.
- Title has to be in your name.
- Must have insurance on the vehicle being used for the loan.
- Once approved you will need to take your automobile to the location specified for a quick inspection along with the required documents.
Main Benefits That Car Title Loans Offer
Some of the benefits which make a title loan more appealing includes:
- Fast Approvals
- No Credit Needed/Bad Credit Ok
- Easy Qualifying
- Easy Repayment Terms
- You keep your automobile