WHAT IS A TITLE LOAN? (TITLE PAWN)

A title loan (or title pawn) is a quick and convenient way for people who own their car to get cash. Getting a title loan online is easy, as long as you own your car and have a lien-free title, you can use it as collateral to get the cash you need through TitleMasters.  Learn more about understanding car title pawns and car title loans by clicking here.  Also, learn the top five things to consider when thinking about a title pawn.

 

WHAT DO I NEED TO QUALIFY FOR A TITLE LOAN? (TITLE PAWN)

You must be at least 18 years old and have:

  • An Auto Title (free and clear of any liens)
  • A Drivers license or State ID
  • Proof of residence (such as utility bill)

Learn more about the difference in car title loans and pay day cash loans here.

 

WHAT IF I HAVE BAD CREDIT OR A PAST BANKRUPTCY? CAN I STILL GET A TITLE LOAN?

Absolutely! Your credit score doesn’t matter. TitleMasters can help you obtain a title loan whether you have good credit, bad credit, or no credit. And your credit score isn’t affected by applying/obtaining a title loan through TitleMasters.

 

WHAT IS A LIEN FREE CAR TITLE?

A lien free title means that you own your car outright, with no outstanding loans or judgments against it. You may need to have a lien free title to get a title loan through TitleMasters.

 

HOW MUCH CAN I QUALIFY FOR?

You could qualify for up loan or pawn from $500 to $5,000 based on the value of your vehicle and your ability to repay.

 

HOW SOON WILL I GET MY MONEY?

Upon the completion of your appraisal, if approved, the lender will present you the amount you qualify for and if accepted you will receive a check on the spot.

 

HOW MUCH DOES MY TITLE LOAN OR PAWN COST?

Your total cost depends upon the location of your transaction and varies from lender to lender.

 

WHAT HAPPENS IF I DON’T MAKE MY PAYMENT BY THE DUE DATE?

It is your responsibility to make your payment by the due date. The good news is lenders make it easy for you to pay on time.  If you do make a late payment, or a payment is returned to the lender, you may incur additional fees. If you are unable to make your scheduled payment, please contact the lender immediately.

 

WHAT ARE MY PAYMENT OPTIONS?

Payment options vary from lender to lender. We highly recommend that, whenever possible, you make additional regular payments applied to principal to lower your cost of interest.

See how to make a payment here.

 

HOW WILL I KNOW WHEN MY APPLICATION IS APPROVED?

You won’t have to wait long. After you submit your online application, an account executive will contact you to explain our simple process and answer any questions. Conditional approval is subject to verification of your application information and the appraisal of your vehicle. This whole process can take less than an hour to complete and you will have a check in less than an hour.

 

WHAT IF I HAVE ANOTHER TITLE LOAN (PAWN) ON MY CAR?

TitleMasters offers competitive rates and may be able to lower your rate, help get additional cash and buy out your current title pawn/ loan from another lender.  The only requirements would be that you are paid up to date and current with that lender.

 

WHAT IF I LOST MY TITLE?

If you require a duplicate title, you can obtain one from your local DMV or tax commissioner’s office. Once you have your new title, call us and we’ll be happy to help you.

 

WILL MY PERSONAL INFORMATION BE KEPT SAFE?

TitleMasters is committed to protecting your personal information by securing your connection to the online application as well as protecting our database from any unauthorized users. Please refer to our Privacy Policy section for detailed information.

See our privacy policy.

 

Share