What Is A Title Loan And How Do They Work?
Title loans are just a type of collateral loan. What this means is that the amount of money that you are eligible for is based on the collateral that is put up. In this case the amount you receive is based off the wholesale value of your vehicle. In order to receive a title loan, you hand over your vehicle’s title over to us and TFC Title Loans is placed as lien holder.
Apply
Get Approved
Submit Documents
Submit Documents
You then receive your funds and then have anywhere from 24 to 36 months to pay back the loan. You have the ability to pay off your loan at any time without incurring any pre-payment penalties. Once the loan is paid in full, we will release our interest on the vehicle by removing our lien and you will be mailed a new title.
It Just Doesn't Get Any Easier!
What documents are needed for a car title loan?
We will need to see your bank statements or your pay stubs. If you have a job that pays you cash, we will need a letter from your employer stating the monthly income. Can you get a car title loan without a job? Well, you can but you must also have a co signer on the car title loan, so you can show the income to support the loan.
We will need to see your bank statements or your pay stubs. If you have a job that pays you cash, we will need a letter from your employer stating the monthly income. Can you get a car title loan without a job? Well, you can but you must also have a co signer on the car title loan, so you can show the income to support the loan.
We will need to see your bank statements or your pay stubs. If you have a job that pays you cash, we will need a letter from your employer stating the monthly income. Can you get a car title loan without a job? Well, you can but you must also have a co signer on the car title loan, so you can show the income to support the loan.
We will need to see your bank statements or your pay stubs. If you have a job that pays you cash, we will need a letter from your employer stating the monthly income. Can you get a car title loan without a job? Well, you can but you must also have a co signer on the car title loan, so you can show the income to support the loan.
We will need to see your bank statements or your pay stubs. If you have a job that pays you cash, we will need a letter from your employer stating the monthly income. Can you get a car title loan without a job? Well, you can but you must also have a co signer on the car title loan, so you can show the income to support the loan.
We will need to see your bank statements or your pay stubs. If you have a job that pays you cash, we will need a letter from your employer stating the monthly income. Can you get a car title loan without a job? Well, you can but you must also have a co signer on the car title loan, so you can show the income to support the loan.
We will need to see your bank statements or your pay stubs. If you have a job that pays you cash, we will need a letter from your employer stating the monthly income. Can you get a car title loan without a job? Well, you can but you must also have a co signer on the car title loan, so you can show the income to support the loan.
We will need to see your bank statements or your pay stubs. If you have a job that pays you cash, we will need a letter from your employer stating the monthly income. Can you get a car title loan without a job? Well, you can but you must also have a co signer on the car title loan, so you can show the income to support the loan.
Apply for a car title loan is easy with us. Simply fill out our online title loan application and we’ll contact you to complete the application. Our car title loan can be done completely online or if you don’t want to wait, call 1-844-242-3543 and we’ll get your application started right now. Our car title loan requirements are straight forward.
How much can you get
on a car title loan?We will need to book you car out by using the Kelly Blue Book to find out the wholesale value of your car. We can work with cars that have as little as $1,500 wholesale value.
Once we have qualified your car then we must see if we can get you to qualify. We will need our credit application filled out in full. We will also need you to sign an authorization for you to allow us to run your credit. Our car title loan calculator will calculate how much we can give to you. We will do a credit check with Experian.
Your credit score is not what determines if you can qualify for a car title loan but we use it to see if you are paying your creditors. Your credit score can be poor but that will not stop us from getting you approved.
TFC Title Loans is fully licensed and bonded by DBO
Final Step
When your loan has been approved, we will make an appointment and you can pick up your funds at our nearest location within the hour. If you cannot make it to a location, we can send a Notary out to you, so you can get your car title loan with no visit. When you go to the closest office we will do a physical inspection on your car and take some more photos. With our car title loans there is always an inspection.
You will also need to bring in the original title with you to the appointment. We will have you sign the title, allowing us to add our name to the title as the lien holder. You will still be the registered owner. We will go to the DMV to add our name to the title. It Just Doesn’t Get Any Easier! When your loan has been approved, you can pick up your funds at our nearest location within the hour. If you cannot make it to a location, we can send a Notary out to you.
We make it easy for you to apply, and our qualifications are straightforward, we have the largest referral network in the nation, and we will get you the best terms and the most money with our local title loan partners.