Car Collateral Loans

Daniel Joelson

Daniel Joelson

Total Posts: 351

Published Date: February 25, 2024

Daniel Joelson has been in the consumer finance space since 1994, he has helped to develop underwriting manuals for the financial sector. With a vast amount of Knowledge in consumer finance, he has been writing articles for all types of loans. With his knowledge, he is able to help many people to answer different financial problems.

The amount of money that you will qualify for will depend on the equity that you have in your vehicle, you will also need to show your proof of income, and the title must be in your name.

Using Your Car as Collateral

With a car collateral title loan, you will not have to give up the possession of your vehicle, with our car title loans you will get to keep and continue to drive your car.

Your vehicle will remain in your possession, but our referral partner will hold on to the title as the collateral for the auto money loan.

As long as you make your monthly payments and do not default on your contract, you will get your title back after paying off the title loan contract.

car collateral loan
Get the best car collateral loans from us.

 Requirements For a Title Collateral Loan

You will need to supply certain documents when you are qualified for a title loan, you will need to provide a clear title of your vehicle in your name.

Also, you will need to provide your driver’s license, your proof of income, your proof of residence, and 5 personal references.

The requirements may slightly differ from lender to lender, but all of our referral partners will let us know what you will need to qualify when you are looking for a title loan near me.

Different states will have different requirements, Delaware will be different from Alabama, so the state rules and regulations will determine how much money you can get.

Some states will have different dollar amount requirements, but all states will accept the same cars, as long as the equity value is in it.

Bad Credit Title Collateral Loans

If you have a poor credit history, do not worry, as title loans are not based on credit score, the approvals are based on the equity that you have in your car, your monthly income, and that you have a clear title in your name.

Car collateral loans are different than bank loans, as with bank loans their approvals are all credit-based, we do not worry about your credit.

With car collateral loans, the lender has the security of your title, so if you default on the collateral loan, they will repossess the vehicle, and recover their money.

The car collateral title loans that we provide to you, will have the lowest monthly payments, with the lowest interest rates. We make sure the payments will fit within your budget.

How Much Can I Get With Car Collateral Loans?

How much money you can get with car collateral loans will all depend on the equity value of your vehicle in the Kelly Blue Book, also the condition and the milage will also be a factor.

Different states will also have different laws on how much you can get for the equity of your car, and also your monthly income will also be a deciding factor.

You can send in your vehicle photos, to show the condition of your vehicle, by doing this you will not need to drive to a location for a vehicle inspection.  You will also need to take a photo of the mileage and the VIN number.

State laws will impact the dollar amount, as some states will have a minimum dollar amount and a maximum dollar amount.

Your monthly income will also let the lender know how much you will be able to afford, as the last thing we want is for you to default on your title loan because you could not afford the monthly payments.

Benefits Of Vehicle Collateral Loans

The benefits of getting a vehicle collateral loan are that you can do the whole process online, and you can get the money that you need, on the same day that you apply.

The online application online if fast, and easy to fill out, we are open 7 days a week, and we are also open late too.

Our same-day title loans will get you there money that you need, and they are not approved on your credit score.

We will get you a title loan with no prepayment penalties, so you can pay off your title loan when you want without additional fees, unlike some other lenders.

Apply For Your Automobile Collateral Loan Now

A car title loan can get you the money that you need today, and with our low monthly payments, it has never been easier to afford a title loan.

You can apply for your title loan online today, we can get you a preapproval on the dollar amount within minutes.

Or if you want to call us, we can do the whole title loan process over the phone, by taking your application and getting you pre-approved.

Contact us today and use your car as collateral to get you the fast cash that you are looking for with your car title and your proof of income.

Need Cash Now? Get Approved In Minutes!

How Much Cash Can i Get?

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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