Are you wondering if you can still get a car title loan after going through Chapter 13 bankruptcy? It is important to understand how bankruptcy affects your ability to get certain loans, like car title loans.

Chapter 13 Bankruptcy Basics:

When someone files for Chapter 13 bankruptcy, they work with a trustee to create a repayment plan for their debts.

This plan usually spans from 24 to 60 months, during which the debtor makes monthly payments to the trustee. The trustee then distributes these payments to creditors listed in the bankruptcy claim.

Impact on Title Loans:

If you are currently in the process of filing for Chapter 13 bankruptcy, most car title loan lenders will not be able to assist you until your bankruptcy process is complete.

Once you have successfully completed your bankruptcy and received a discharge, you may be eligible to apply for a car title loan.

Getting a Car Title Loan After Bankruptcy:

After bankruptcy, getting traditional unsecured loans can be challenging due to your credit history. Online car title loans are secured loans that use your vehicle’s title as collateral, making them more accessible for individuals with a bankruptcy history.

As long as your vehicle’s title is in your name and you meet other lender requirements, you may qualify for a car title loan.

Finding the Right Title Loan Provider:

Not all title loan companies are the same. It is important to work with a reputable lender who can offer you fair terms and a loan amount that fits your needs and budget. Look for lenders with positive customer reviews and a proven track record of helping borrowers.

Applying for a Car Title Loan:

Applying for a car title loan is usually straightforward and can be done online or over the phone. Many lenders offer pre-approval within minutes. You will need to provide basic information about yourself and your vehicle to start the application process.

Contacting TFC Title Loans:

If you are considering a car title loan after bankruptcy, reach out to TFC Title Loans for assistance we will be your broker. We been helping people utilize their vehicle equity since 1994 and can guide you through the loan application process. Your car can serve as your credit, making it possible to secure a loan even after bankruptcy.

Get Started Today:

Do not hesitate to explore your options for getting a car title loan. Contact TFC Title Loans to learn more about how they can assist you in getting the emergency funds you need.