Your credit score is not a qualifying requirement, but most of our referral partners will require that they do a credit check, the main qualifying factors are the equity that you have in your vehicle, and your monthly income.
So you will need both to qualify for a car title loan, if you are missing one of them, we will not be able to get you a car title loan, but we might be able to get you an auto pawn loan, with your vehicle equity.
If you can’t show proof that you will be able to make the monthly payments, this is a reason for you not to qualify, you can still qualify if you are unemployed, or if you are on disability, you must have enough income, even if it is not traditional income to qualify.

Unable To Qualify For Auto Title loans
You will need to have your name on the title of your vehicle, and there must be no other lien holders on the title. If your name is not on the title, you will need to go to your local DMV and get your car registered in your name.
This is a major qualifying factor, without your name on the title, the process cannot be completed, so it is also very important to have your vehicle registered in your name.
You must also have no lienholders on your title, if you have a loan with a finance company, and you only have a small balance left, we will be able to help you, as long as there is enough equity in your vehicle.
We can pay off the balance with your car finance company, and replace it with a title loan, you will be able to get the cash that you need, and then you will pay the new lienholder. This will also apply to title loans in Florida, as well as all of the other states.
Top Reasons For Unqualified Title Loan Applications
The number one reason for people not to qualify for a car title loan is because they do not have enough equity in their vehicle, so we can’t get a title loan on a vehicle with no equity.
Last but not lеast, a borrower’s ability to gеt a car title loan may also bе іmpacted by the valuе of the vеhiclе being usеd as collatеral.
Lenders might not be willіng to approvе the loan іf the car’s valuе is too low or they mіght agree to a smaller loan amount than thе borrower asked for.
In conclusion, bеіng awarе of the main rеasons why a person mіght not be elіgiblе for a car titlе loan can help them preparе and raіsе thеir chances of gеttіng approved.
Loan approval іs hеavily іnfluenced by a numbеr of variables, includіng credit hіstory, clеar tіtle, income, and vehiclе valuе.
It’s crucial for people to wеіgh their optіons and pіck a lendеr that suits their needs and financіal situation.
Contact us today, and let’s see if we can help you, we have been helping people since 1994 to use the equity that they have in their vehicles, and we will do our best to help you, we make it easy for you to apply for an online title loan today.