How Title Loans Work

Looking for a fast and simple way to get cash? Then a title loan may be the right choice for you. Here you can learn more about how title loans work at Auto Cash USA. Our vendors make it easy and fast to get approved.

So, what is a title loan exactly? Title Loans, also known as a car title pawn, are a form of short-term loan that uses your vehicle’s lien-free title as collateral for a lump sum of cash.

How does a title loan work? To start, simply fill out our simple our online title loan form, and one of our licensed vendors’ title loan representatives will call you right away. They will be able to answer any questions you may have about how to get a title loan, as well as direct you to the nearest local title lender store in your neighborhood.

You can also speak through live chat with an Auto Cash USA representative simply by clicking the “Chat with us!” link at the bottom of the page.

How to Get Approval for a Title Loan

When visiting one of our title pawn stores, don't forget to review the required title loan documents that you will need. You can also read through our title pawn or title loan FAQ pages to get your questions answered right away so you will have a better understanding of how a title loan works.

The title loan process should take as little as 30 minutes. Remember, all you need to get a title loan is a lien-free car or truck title, a valid ID or driver’s license, proof of income, and the vehicle. Simply bring your vehicle to one of our title loan lenders’ stores for a quick vehicle inspection and complete your loan application. Our vendors’ loan representatives are knowledgeable and ready to help you.

Bring the Necessary Documents

When it comes to our required items for title loans, otherwise known as title pawns, we make sure the list is short so that it’s easy to understand how title loans work. To get the process moving as fast as possible, potential borrowers should ensure they have the following items when they meet with the vendor’s representative:

• A valid ID or driver’s license
• A Lien-free vehicle title
• Proof of income
• Their vehicle for inspection

A valid ID can come in various forms but the easiest is your state-issued driver’s license. However, you do not need to present your license. If you also have a state-issued ID, then you can get approval.

You may also be wondering what a lien-free vehicle title is. The merely means that you do not have any payments or financial holds on the title due to debt. The title and vehicle must be completely your own.

How To Get A Title Loan In-Person

Is time of the essence? Then a vehicle title loan can get you from application to cash in as little as 30 minutes – especially if you learn beforehand how title loans work and what you need when you meet with our vendor’s loan representatives. You also get to keep your car during the length of your loan. If you need your vehicle, then you could be driving away with the cash you need the same day you get your approval.

The professionals at any of our vendor’s store locations can explain how title loans work and guide you through the specifics of your terms. To meet with a representative at the store, you can find your nearest title loan store through our locations page. If you find that you cannot make it to the nearest store due to time limitations or other situation, you can also apply for a title loan online.

How To Get A Title Loan Online

Would prefer not to travel to a title loan location? You can also use the fast and easy online process. By providing some simple information, you can take the first steps in only a couple of minutes. Afterward, one of title loan lender’s representatives will get in contact with you as soon as possible and help you through the rest of the process.

You can decide on a convenient place of your choosing to finish the application process and have the vehicle inspection. If you get approved, you can get your money as soon as the same day or next business day through direct deposit. Whether you need to make a rent or utility payment or need to pay for emergency repairs, the right loan can help you out of a tough bind.

How Much Cash Can I Get With a Title Loan?

The amount you receive from your vehicle loan will depend on the condition of your vehicle, which is why the representative will inspect it. The exact offer may differ from customer to customer and is based on multiple factors. The only way to know exactly how much you will receive is to go ahead and apply. However, there is a maximum amount a borrower can receive. Borrowers can get a loan up to $15,000 on the same day with Auto Cash USA.

How Fast Can I Get My Cash?

With other loans like a bank loan, borrowers will rarely get their funds immediately. That is because other loans are based on your credit and other factors. Since different loan providers use varying credit measuring systems, you may get an inaccurate credit report or wait over 24 hours simply for verification. Even popular credit reporting websites can provide scores that greatly vary compared to the results of various lenders. If you would rather not leave your approval up to a credit scoring system, then a vehicle title loan may be preferable.

The title loan process can take as little as 30 minutes from beginning an in-person application to receiving funds. So, instead of leaving your emergency funds up to confusing credit reporting systems, you can instead use your car.

What Makes a Vehicle Title Loan Different From a Traditional Loan?

Besides being able to provide funds much quicker than most short-term traditional loans, a title pawn can provide you with a faster and more convenient experience. All you need is a valid ID like a driver’s license, a lien-free vehicle, and proof of income. You also do not need a bank account to get approval. When it comes to repaying your loan, you do not need to worry about managing your time to go in-store. You can also repay your loan anytime by going online instead.

Get Approved for a Title Loan Online Today

If you are looking for good customer service, a clear title loan process, and to get emergency funds as soon as possible, then applying for a title loan or title pawn online may be the right choice for you.

Hesitant to apply due to low or no credit? No need to worry. With the help of our licensed title loan lenders, you can get the cash you need without any hassle. You can rest easy knowing you have your finances in check with the help of a title loan from Auto Cash USA today!