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Getting a credit facility can be a daunting task unless you are rich and have a great credit score. How then can someone even think of getting one without a bank account? That seems impossible, doesn’t it? Well, it’s not impossible. With TFC Title Loans, you can get a loan without having a bank account.
If you are interested in knowing how you can go about achieving this, go through some of the following FAQs about TFC’s car title loans and how it can help you solve your financial worries.
A car title loan is a kind of credit facility that you can get with the pink slip or title of your car. It usually involves an applicant applying for a loan and presenting the title of his car as collateral. Such title must be lien free and the equity value of the car must be over $2500 as at the time of the application.
Yes, you can. Our car title loans at TFC Title Loans can be gotten even without having a bank account. We have made it easy and possible for everyone to get it in whichever way they choose to.
With us, the requirements for getting a car title loan are simple. They include:
It depends on how old your car is. If your car does not have up to 200,000 mileages in it, and it still has an equity value of over $2500, then you would be considered for our car title loans. However, if your car’s equity value is less than $2500 or it has accumulated more than 200,000 mileages, we might not work with you.
No. We would only grant our car title loan to you once you have presented the title of your car (which must be owned by you) to us. We are only interested in working with the owners of the car, and not a third party.
Title loans are usually short-term financial securities. With us, you are usually expected to pay back within 90 days.
Yes. You would get your title back when you have fully repaid your title loan.
If you are also interested in getting a title loan with us without a bank account, contact us today and we would be happy to help you.