Most paid off vehicles can qualify for a title loan in Illinois!

Fill out the form below to get your cash today!

What Is My Vehicle Worth In IL?

How Much Can I Get With A Title Loan In IL?

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Title Loans In Illinois - How They Work

Use your car as collateral and get a title loan with Car Title Loans 123 in Illinois. Apply online or over the phone at 844-567-5011, and we'll give you a quick estimate detailing a loan amount and affordable repayment term. Loan amounts start at $1,500 in Illinois and some applicants can borrow $10,000 or more with high value cars and trucks.

We offer access to fast funding title loans for any paid-off vehicle, so why not start an application and see how much money you can borrow? No standard credit check is required; you can get approved within an hour.

 

What Is Required For Auto Title Loans In Illinois

We offer access to auto title loans in Illinois, and the best part is that you don't need much to qualify. Unlike traditional unsecured loan offers that take weeks to get approval, you can get cash for your newer paid off vehicle as long as you're the only owner and it's owned free and clear. You will likely need to submit the following documents to our loan experts to get approved:

-Proof of income (recent stub or direct deposit form that shows you have money coming in each month)

-Proof of residence in Illinois (get an updated driver's license at any DMV location in Chicago)

-A vehicle that shows you're the owner and sole titleholder (The vehicle needs to be paid off with no extra loans or liens, and you must have physical possession of the title).

-Proof of vehicle registration from the Illinois DMV

-Proof of insurance coverage for the full replacement coverage of the vehicle

 

Cloud Gate Bean Statue in Chicago IL.

 

How Does The Process Work To Get A Title Loan In Illinois?

The process is quite simple, really – once you apply for a title loan online, you will hear back from our underwriting department within 15 minutes because we work all day, every day, to get you the money that you need. As soon as you are approved for a title loan in Illinois, the cash can be deposited into your account within 24 hours (faster for local clients in Chicago or Naperville). Most lenders will work with you to set the terms of repayment and title loan fees. There should be no additional finance charges, meaning you can keep your vehicle while making the monthly payments.

We understand how difficult it can be to get cash with poor credit. So we've designed a straightforward application process where all you need to qualify is a lien free car title and proof of income. Fill out the Car Title Loans 123 online application, and we'll get back to you quickly with your estimated loan amount and interest rate. Pick a repayment term and decide on how much money you want to borrow, and after that, we'll schedule a quick inspection of your vehicle to confirm its resale value.

This inspection can be completed in less than 30 minutes at any inspection location in Chicago. Lastly, you'll sign the lending documents and let the lender know how you want the cash. Most customers will ask for the funds to be sent by ACH to their bank account, or you can pick them up in person from any local lender in Illinois!

 

Auto Title Loans In Chicago, IL With Bad Credit

A title loan is possible for anyone with poor credit, and you shouldn't worry about your FICO score if there's sufficient equity in your vehicle. At Car Title Loans 123, we offer competitive rates and flexible terms, meaning the vehicle's value determines your loan amount, not your credit history. Many of our applicants who apply for bad credit title loans are surprised to see how much they can borrow by using the equity in their vehicle as collateral for a loan!

 

Apply With Car Title Loans 123 Today

Car Title Loans 123 works with qualified customers throughout Illinois, and there's a chance we can get you approved for a title loan with a local lender in less than one business day! Please apply online or call us at 844-567-5011 today.

For residents of other states, it may be best to apply directly in the state where your car is titled. You'll likely have much easier qualification requirements, and you can borrow more cash! We can help you get a title loan in Detroit with very minimal underwriting requirements, and we also offer quick estimates for title loans online in Indiana!  Apply with Car Title Loans 123 today!

 

*INTEREST OF 36 PERCENT PER YEAR PLUS THE CURRENT FEDERAL FUNDS RATE. TITLE LOANS HAVE ANNUAL PERCENTAGE RATES THAT START AT 3% A MONTH AND GO UP FROM THERE. APPROVAL IS BASED ON AND SUBJECT TO THE APPLICANT SATISFYING THE CREDIT REQUIREMENTS IN PLACE BY TITLE LENDERS. SOME LENDERS MAY REQUIRE APPROPRIATE COLLATERAL, SUCH AS THE VEHICLE’S PINK SLIP.


THE SPECIFIC LENDING AMOUNT, PAYOFF TERM, AND APR OF A TITLE LOAN THAT THE APPLICANT QUALIFIES FOR WILL VARY BASED ON EACH UNIQUE SITUATION. ANY PERSONAL LOAN SHOULD BE INTENDED FOR FINANCIAL EMERGENCIES OR TO MEET REAL-TIME PERSONAL OR BUSINESS NEEDS. THE MINIMUM AMOUNT OFFERED WITH A TITLE LOAN ONLINE IS CURRENTLY $2,501. ALL APPLICANTS WILL NEED TO SHOW AN ABILITY TO MAKE ON-TIME MONTHLY PAYMENTS AND ULTIMATELY PAY BACK THE LOAN. BORROWERS ARE URGED TO MAKE EXTRA OR EARLY PAYMENTS AS A WAY TO PAY OFF A TITLE LOAN EARLY AND AVOID EXTRA INTEREST RATE CHARGES. SEE CHART BELOW SHOWING EXAMPLE RATES AND PAYMENT TERMS.

Annual Percentage Rate Finance Amount Amount Financed Min Payment Monthly Payment Total Months
34.89% $1012.80 $2511.00 $143.95 $3474.80 22 minimum
34.37% $2043.05 $2520.00 $102.02 $4436.88 42 maximum

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