Can I Use My Car As Collateral For A Title Loan?
We have the largest referral network so we can help you to use your car as collateral in multiple states, all of our referral partners are in compliance with the CFPB, so you can feel secure with the lender that we place you with.
Using Your Car As Collateral
A car title loan is secured with the equity that you have in your car, and the auto equity loan amount is based on that equity that you have in your car.
We will calculate the equity value of your car is based on the wholesale value in the Kelly Blue Book, also mileage and the condition of your car can hurt or help the value. We also look at the model of your car, and any other factors to increase or decrease the value.
The title loan company will add their name to your title, so no matter where you are living if you are searching for title loans near me, we can help you.
Easy Car Collateral Loans
How Much Collateral Is In My Car?
When you go to the Kelly Blue Book, you can see the wholesale value of your vehicle, which will give you the best idea of your equity value.
We will need to inspect your car or you can send us photos of the condition of your car with your phone, we can get you a title loan without a physical inspection.
How Does Title Loan Work?
Getting your car title loan with TFC Title Loans is fast and easy, our online application makes this smooth and easy, or we can take your application over the phone.
We have helped thousands of clients since 1994, and we will get you the most money, with the terms and payments that will fit in your budget.
How Do I Get Approved For A Car Collateral Loan?
To get you approved for a car collateral loan, we will ask for your year, make, and model of your vehicle, once we see that it has enough equity in it, we will need to verify your proof of income, and you are well on your way to get the money.
We can complete the whole car collateral loan process online. You can submit your application to us, or you can call us, we are here to help you and answer all of your questions, and start your application.
You can submit your documents online, we will need to see your driver’s license, your title, your proof of income, your proof of residence. You can your mobile device to submit everything.
We will get you the most money on your title loan application. Contact us today, we are here for you, we will walk you through every step of the way for you to get the title loan that you need when using your car as the collateral.