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Title Loan Requirements

Have you been considering a title loan but are still unsure what the title loan requirements are and if you meet them? Here, at TFC Title Loans we can get a local title loan, we can explain all that is necessary to receive a title loan so you can make an informed decision on whether it’s the right option for you. We have been assisting consumers with Car Title Loans for 25 years and would love to work with you next.

This article was brought to you by TFC Title Loans, we try to bring to you the most informative information. If you are interested in getting a title loan local to you, we are able to help you with our large referral network.

We will help you to get the most money by using the equity that you have in your vehicle, the application is fast and we can provide you with same-day funding.

All of our referral partners are in compliance with the CFPB. We will help you to get the money that you need but from a trusted and reliable title lender.

Title loan requirements

Title loan requirements and how it works tend to be a lot simpler than most other traditional lending options because we base the amount of the loan on the equity value in your vehicle. A title loan is a secured loan meaning that the money lent has collateral the equity of your car. A secured loan doesn’t have as many requirements to gain approval. You don’t even need to have a good credit score. We do check your credit but only to make sure that you aren’t currently in active bankruptcy or credit counseling. This allows us to help many people dealing with financial emergencies who aren’t eligible for traditional bank loans.

Ever since we opened our doors in 1994, we have been very passionate about friendly customer service. We have always made our customers our number one priority which is why we make sure that you understand our lending process in its entirety. To learn more please continue reading.amp_button_nice_short

The Title Loan Process With TFC

This application is a requirement because it gives us some basic information about the title loan process with TFC. After you fill that out, one of our friendly customer representatives will give you a call to discuss the next steps.

To receive a title loan in the states that we serve and get you can get a title loan close by, you must be 18 years of age or older and have a government-issued form of identification. In addition to these things, we require a few documents from you so that we can confirm your eligibility for approval.

Car Title Loan Requirements

  • Original pink slip title showing sole ownership
  • Government-issued identification matching the name on the title
  • Proof of residency matching the name on the title
  • Current vehicle registration
  • Proof of vehicle insurance
  • Proof of income or ability to repay the loan
  • Four references

You can read more about our car title loan requirements here. The vehicle will still need to be mostly paid off but if you have a few payments left on the car, don’t let that stop you from applying because we may still be able to lend you the money you need.

With title loan requirements, it will be necessary to provide proof of income but that income does not necessarily need to be employed. That income can be from a job, unemployment, disability, retirement, inheritance, or any other form of steady income.

We understand that many people don’t want their friends to know that they are struggling financially so we make a point not to disclose any information when we call references. We only ask if they know you so that we can confirm your identity.

Other Requirments Related To Title Loans

After we receive the necessary documents, we have you bring in your car so we can verify the condition of it in person. Then we keep the title of your vehicle, place a lien on it, and hand you your money so you can be on your way. Sometimes as fast as the very next business day.

Are you still wondering about title loan requirements and how much money you could receive through a title loan?

Car Title Loan Process

Well, loan limits are usually dependent on the restrictions of the state so they range from 25% to 50% of the actual value of the car. You can get an idea of what your car is worth by checking out Kelley Blue Book.

If, after reading this, you are left with any questions regarding title loan requirements, then give us a call and we would be happy to answer them. However, if you are ready to get started with your title loan application then fill out the online title loan form today!

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Disclosures

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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