How Much Can I Get for a Title Loan?

If you have poor credit, getting a loan can be difficult. When an unexpected emergency occurs, or when you could just use some extra cash, taking out a loan might not be the first thing on your mind. Your poor credit might not get you approved for a traditional loan, or you might end up with a loan that has an astronomical interest rate. Rather than dealing with an unfavorable loan, or wasting time trying to get a loan, go online and apply for a car title loan. You may have a much better chance of getting approved for an auto title loan because there’s often no credit check required during the approval process. You can have your money in as little as 30 minutes.

Estimating the Loan Amount

You might be wondering, “How much can I get on a car title loan?” The answer to this question depends on the value of your car. When you apply for a car title loan, also known as a title pawn, your car will be appraised by an expert. TitleMax® makes it convenient to get your car appraised because we have more than 1,000 locations in 16 states. It’s very likely that we have an office in your area. The expert will look at your car to determine its value, and the maximum amount of your loan will be based on this. To get an idea of the value of your car before applying for a car title loan, visit the Kelley Blue Book website and enter detailed information about your car in the designated areas. If you already have an auto title loan with another company, we might even be able to refinance and get you a better rate. You can read more about TitleMax® in the “about us” section on our website.

What You Need to Apply for a Car Title Loan

Making sure that you have everything you need when you apply for a title loan is essential for a speedy, smooth process. Although poor credit isn’t an issue, we do require that you own your car outright and have a lien-free car title. Another requirement for getting a car title loan in all states except for Alabama, is that you must have some form of regular income. This can be either from employment, disability, retirement, or another source. You must also be able to provide a government-issued ID. The application process is quick, and when you stop by one of our offices, you can find out the amount that you’re approved for in as little as 15 minutes. If you prefer to apply for a loan with us online, you can do so on our website. You can even apply for a loan by calling our toll-free number.

The Benefits of a Car Title Loan

When it comes to getting quick cash in hand, a car title loan from TitleMax® is ideal. It doesn’t matter how old your car is or which make or model it is. We accept all cars that are paid off and have value in them. Unlike conventional loans, you won’t have to wait days or weeks for the approval process to finish. You can quickly stop wondering, “How much can I get on a car title loan?” because you’ll have the answer the same day. Also, you can continue driving your car after being approved. We just hold on to your car title until you pay off the loan using the comfortable and affordable payment plan that we set up for you.

Because you never know when you might need extra cash, knowing how a car title loan works and how much money you can get is ideal. Having the option of a car title loan can give you peace of mind. When you choose TitleMax® for your auto title loan, you can rest assured that you’re in good hands. We’ve been in business since 1998 and approve more than 3,000 loans a day. Also, we provide quality customer service and are here to answer any questions you might have. When you need cash in a rush, we want to make the process of getting it as fast and effortless as possible.