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Can I Get A Title Loan With No Insurance?

People often ask us can I get a title loan with no insurance? We are here to show you how you can get a title loan without insurance.

Different companies have different guidelines, so it all depends on what you are looking for, we have the largest network of title loan companies in the nation, our partners are in compliance with the CFPB, so you know you will be working with a company that you can trust.

Best Insurance Coverage to Have When Getting a Car Title Loan

If you are getting a car title loan, you might want to know what would be the best insurance to get, as a car title loan is secured against the equity that you have in your vehicle, you need to make sure that you have proper coverage.

When you have a car title loan, some finance companies will require that you have insurance, especially if it is a large amount on the title loan.

You want to make sure that you are covered if your car is in an accident, or it is stolen, and that the finance company is also covered.

Make sure that you are covered if something happens to your car, and that the finance company gets paid, so that you will not get stuck with paying for the title loan when you no longer have the car.

Different Types of Insurance Coverage

Knowing about the types of insurance can give you an advantage so you can get what you need when you talk to your insurance company.

There are a few different types of coverage:

  • Liability coverage, which is required in almost every state
  • Collision coverage
  • Comprehensive coverage
  • Medical payments
  • Personal injury protection (PIP)
  • Underinsured/uninsured motorist coverage

What is the Best Insurance Coverage For Title Loans?

Getting comprehensive and collision insurance will cover the cost of fixing or replacing the car, and your finance company will be covered.

As your car is being used as collateral for your title loans, it will be best to make sure that it is covered, it would be best to always have it insured, so your car is always protected. Comprehensive and collision insurance will cover all costs and losses.

 Car Insurance and Car Title Loans

Having insurance when you are getting a car title loan will make the whole process much smoother and faster, you will need to provide proof of insurance.

It is important that your vehicle is covered when you are using it for a title loan. You will need to keep the insurance in place while you have the title loan in place.

How You Can Get a Title Loan With No Insurance

TFC Title Loans are able to help you get a car title loan with no insurance, we can help you place insurance if you do not have it.

Some of our title loan partners in our network do not require you to have insurance with the small-dollar amount title loans, so it will completely depend on the lender and the dollar amount.

If you get a $10,000 title loan you will defiantly need to get insurance, but probably a $1000 title loan you probably do not need to provide the insurance.

You can apply now if you want to get a title loan, our requirements are easy, all you need to have is a car that qualifies, proof of income, your proof of residence, 5 personal references, and your driver’s license.

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Disclosures

DISCLAIMER: As our policy to make sure you know what we do and what are our limitations, we offer you these disclaimers. We are NOT A LENDER and we do not make short term cash loans or credit decisions. We are a referral service and work only with licensed lenders/brokers.

We may act as the broker for the loan and may not be the direct lender. Loan proceeds are intended primarily for personal, family and household purposes. We do not offer or service student loans.

*Loan amounts by the lenders vary based on your vehicle and your ability to repay the loan.

*Since we do not lend money directly we cannot offer you a solicitation for a loan, except in the state of California. In all other serviced states we WILL match you with a lender based on the information you provide on this website. We will not charge you for this service and our service is not available in all states. States that are serviced by this Web Site may change from time to time and without notice. Personal Unsecured Loans and Auto Title Loans are not available in all states and all areas.

*Auto Title Loan companies typically do not have pre-payment penalties, but we cannot guarantee that every lender meets this standard. Small Business Loans typically do have pre-payment penalties and occasionally will use your car as collateral to secure the loan.

*All lenders are responsible for their own interest rates and payment terms. TFC Title Loans has no control over these rates or payments. Use of the work competitive or reasonable does not mean affordable and borrowers should use their own discretion when working directly with the lender.

*The amount of people who applied for a loan and we helped and those who received a loan is not the same. We cannot guarantee we will find a lender who will fund you.Just because you give us information on this web site, in no way do we guarantee you will be approved for a car title loan or any other type of loan. Not all lenders can provide loan amounts you may see on this web site because loan amounts are limited by state law and/or the lender. Some lenders may require you to use a GPS locator device on your car, active all the time. They may or may not pay for this or charge you for this. This is up to the lender and we have no control over this policy of the lender. Typically larger loans or higher risk loans use a GPS.

*In some circumstances faxing may be required. Use of your cell phone to receive updates is optional.

*Car Title Loans are expensive and you may have other ways to get funding that is less expensive. These types of loans are meant to provide you with short term financing to solve immediate cash needs and should not be considered a long term solution. Residents of some states may not be eligible for a loan. Rejections for loans are not disclosed to our firm and you may want to contact the lender directly.

*Car Title Loan lenders are usually licensed by the State in which you reside. You should consult directly with these regulatory agencies to make sure your lender is licensed and in compliance. These agencies are there to protect you and we advise making sure any lender you receive money from is fully licensed.

*Trading Financial Credit, LLC dba TFC Title Loans, Car Title Loans California, Dineromax. If you are using a screen reader and are having problems using this website, please give us a call at 1-844-242-3543 for immediate assistance.

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