How Much Money Can I Get With Fast Auto Title Loans?
When it comes to fast auto title loans, one of the most appealing features is the amount of money you can borrow, but as it turns out, there’s more to this simple promise than meets the eye.
Our vendors offer as much as $15,000 on fast auto title loans, depending on your individual circumstances and the value of your vehicle. We recommend you only apply for the amount you need, as doing so increases your chance of approval and makes it easier for you to repay the loan in the long run.
Fast auto title loans are a useful resource for the right situation, and Auto Cash USA is here to help you make an informed decision about your borrowing options, potentially connecting you with one of our trusted vendors to oversee the process. In this article, we’ll explore your options and how much you could qualify for.
What’s The Max I Can Get On A Title Loan?
Our vendors offer a maximum of $15,000 on fast auto title loans, although it’s not guaranteed that you’ll get that exact amount. Our vendors’ requirements may differ slightly, and the total you qualify for will be dependent on your individual circumstances.
If you want a quick estimate, fill out our online title loan request form, and a representative from one of our network lenders may be able to offer you a pre-estimate of your car’s value based on the information you provided.
Keep in mind that this amount is subject to change upon inspection and is reliant on your honesty while filling out the form. There’s no merit in misrepresenting the value of your car; our lenders need to verify it in person later in the process anyway.
What Should I Apply For?
Next, it’s good to know how much you should be applying for, since not all title loans are created equal. Generally, we suggest that you only borrow the amount that you need.
Borrowing extra money just to have the cash on hand isn’t wise, since you’ll most likely just end up feeding that extra money back into your loan, plus fees and interest.
Carefully consider the amount that you need to cover your emergency expenses. It may be that you need $10,000 for an important home repair, but you may also only need $2,000 for a minor medical procedure. Either way, be transparent when you apply, and our vendors will be able to share the best options for your needs.
How Do Your Vendors Determine The Value Of My Car?
As we mentioned, the amount you qualify for is mostly determined by the value of your car. Because it serves as security in the loan, the ‘weight’ the car holds, is important to our vendors.
You’d be much more likely to repay the loan to recover a brand-new 2023 car than you would a rusty hunk of junk that’s falling apart at the seams. That’s not to say you can’t get a loan on an older car—just don’t expect a higher title loan amount for it.
Our vendors consider the following when pricing your car, and they do so according to a nationally recognized pricing scale:
- Make and model – Luxury brands and higher-quality brands tend to rake in a higher borrow amount.
- Year – The newer your car is, the more likely you can net fast auto title loans at a higher amount.
- Condition – From dents and dings to how recently you changed your oil, the little things—inside and out—matter and can affect what you qualify for.
Our Vendors’ Qualification Requirements
When we connect you with a vendor, they’ll have some simple loan requirements for you to present, including the following:
- Your driver’s license or valid form of photo ID
- Your lien-free car title
- Your car itself for a quick inspection
The first and third points are fairly obvious, but for clarity as to the second, a lien is a legal claim against your car reverting ownership to the lienholder until the debt is paid. It is important to remove any liens before you apply.
The Step-By-Step Process For Applying
To seek one of our vendor's loans, follow these steps:
- Inquire online using our form.
- Wait for us to connect you with a vendor, who will call you back to schedule a meeting.
- Attend the meeting with your required items.
- After the inspection, if you are approved, receive your money!
Submit Our Online Form Today!
At Auto Cash USA, we make getting fast auto title loans easy through one of our trusted vendors. If you’re in need of urgent cash, then it might be wise to consider your options and see how much one of our vendors can offer you as soon as today!
Just complete the form we provide right here on our website to begin and a loan representative will call you soon after to guide you through the loan process.
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.