Call Us Today (844) 567-5011
Call Us Today (844) 567-5011
Call Us Today (844) 567-5011
Call Us Today (844) 567-5011
Apply Online Or Call Us Anytime
The online application process takes just a few minutes to complete. You can also call us 24 hours a day and speak with our lending specialists if you have any questions.
Easy Lender Documentation
It's easier than you think to qualify for online title loans, and having poor credit is not a problem if there's equity in your vehicle. Get guaranteed approval in minutes with a car that's paid off!
Keep Your Car and Get Money Today!
Of course, you don't want to give up your vehicle! Not only can you keep driving your car during the life of the loan, but you can also get fast access to cash through direct deposit within 24 hours!
Find the best title loan services offered near you and what's required.
Get an upfront estimate of how much your car is worth and review the lending requirements. After that you can apply with Car Title Loans 123 to get an Instant Decision Title Loan!
Car Title Loans
This is the most common secured lending option. With direct deposit car title loans, you get cash using a vehicle as collateral & keep driving your car.
Refinance
You can refinance your current active loan! That's right, with a title loan refinance, you should be lower your APR and get a quicker repayment term.
Motorcycle Title Loans
A motorcycle title loan lets you use your bikes title to quickly get cash in hand. Like vehicle title pawns, the motorcycle pink slip must be paid off.
Boat Title Loans
With a boat equity loan, you get fast cash in exchange for temporary ownership of your boat's pink slip. You keep using your boat for the life of the loan.
When you get a title loan, you use your vehicle's equity as collateral for a loan amount between $1,000 and $25,000. You provide a lender with your car's title(Not the vehicle itself; you can continue to drive your vehicle), and they hold that pink slip until the loan is repaid. These loans rely more on your car's value than your credit score, and loan amounts range from 40% to 60% of the vehicle's resale value.
A car title loan can be a long-term financial solution for someone who can't get approved for a traditional personal loan. You can borrow a large amount of cash and pay it off over months or years. However, there is always a risk of losing the vehicle if you can't make the payments.
You can apply for car title loans entirely online in almost every state. Some states have specific rules and regulations that govern online financing companies. So, checking with your state before applying is best. Once you decide this type of equity financing is right for you, the next step will be to apply online and submit the necessary documentation. The underwriting process with Car Title Loans is fast and easy, often taking less than an hour!
Some lenders will also require vehicle registration info, proof of residency, insurance verification, and recent employment history. Borrowers who qualify can get cash within 24 hours of applying!
Yes, you can still qualify for a car title loan with a bad FICO score! Having bad credit may disqualify you from traditional bank loans. But that shouldn't be the case here. With vehicle equity financing, you're using your pink slip to secure the amount you borrow. A bank or credit union will rely more on your credit score as those personal loans are unsecured and not attached to your property. Lenders will often need an active checking account with proof of income in place of a good credit history.
Ensure you don't have an active bankruptcy before applying with Car Title Loans 123. Contact your local financial institution, like a credit union or personal loan lender. Consider a credit card advance or installment loan, as they may have better rates with a higher funding amount. See if you can arrange financing with better terms to repay the loan quickly.
Most of the time, you will need a vehicle title that's free and clear of any pending payments or liens. This means the ownership documentation must be in your name with no cosigners and the vehicle needs to be paid off. There are exceptions to this rule, so it's best to call us at 844-567-5011 to see if you can qualify.
Qualified applicants can also refinance an online title loan with a lower interest rate or quicker payoff. This is the same as if you wanted to refinance a high interest credit card or mortgage. Expect a much more favorable APR and lower monthly payments on the loan amount if you qualify.
Customers always want to ensure they can pay off their balance with no pre-payment penalty. The answer to this question is yes! There is no early payment penalty associated with most car title loans. The loan has a set payoff time and flexible payment options. Payments are made monthly or every 30 days for 12 to 48 months.
Once customers are approved and pick up their cash, they can pay off the balance anytime. You can send more monthly money to pay down the principal amount borrowed, reducing the amount of interest you pay on the loan.
The total loan amount you can receive from a guaranteed approval title loan is based on the vehicle's estimated value. To get the highest loan amount it helps to have good credit and proof of sufficient monthly income. But lenders mostly want to see collateral in your vehicle and they determine the loan amount based on that equity. Newer vehicles in good condition with low miles will often return the best value. Expect anywhere from $1,000 for an older car to upwards of $10,000+ for a newer, paid off car with low mileage.
You can generally receive your loan proceeds before the next business day. Once you've been approved for an instant approval title loan, completed the vehicle inspection, and signed your contract, the lender will give you a few options for getting your money. They will send cash directly to your bank account, often done through ACH or bank wire that same day. You may also pick up the cash in person at any storefront location near you. With Car Title Loans 123, you can go from filling out an application to picking up the loan proceeds within just a few hours!
Car title loans are a great way to get quick cash when you need emergency funds. Some expected benefits can include the following:
You can get cash quickly with an online lender or a company that offers instant title loans near you. There are no hidden fees, and your ability to repay the amount borrowed determines the loan amount. The interest rates are high, but you pay what's quoted to you by the loan company. You also shouldn't expect prepayment penalties if you want to repay the loan early. Many larger lenders will work with you to refinance or restructure the loan contract if you risk defaulting. Compare that to a company that offers payday loans or a cash advance where the terms are non-negotiable, with full payment due in less than a month!