Do You Still have Questions Regarding Approval for Car Title Loans?
In the Frequently Asked Questions section of How Title Loans Work, you can find answers. If you still have questions, don’t hesitate to give us a call at Direct Title Loans about getting fast title loans.
Here are some of the basic questions that others have had when applying for online title loans:
What sets Direct Title Loans apart?
Through experience, Direct Title Loans has become a strong company that is able to help borrowers in ways other companies cannot. Don't waste your time standing in line or waiting on the phone - let us help you get a title loan today.
What are car title loans?
Car title loans are loans that are secured using your car. Even after the name of the lender is put on your vehicle's title, you can continue driving your car while making your loan payments.
Which types of cars can qualify?
Many types of cars will qualify, but what matters most about how much you can get is the car's condition and age. Newer cars that don't have damage can usually get the highest title loans. Keep in mind that title loan approval requires a clear car title. A used newer car, no matter what type, would get you a higher loan than an older car that has sustained damage.
Why is a vehicle a good choice for a loan?
It makes sense to take advantage of your car's value. If it's already been paid for you now have an asset that can be used for a quick loan. Don't delay sending in your request even if you still have a few payments left.
What can you do if you have multiple names on the car title?
Even when there is more than one name on your car title, your car might still qualify for a vehicle title loan. If it's written that you are a legal owner, you can turn in the title. If you are co-owner with someone else who is written on the title, you'll need to submit their information as well.
For instance:
A. If there is your name and "or" someone else, you should be good to go as its owner.
B. If there is "and/or" call us to find out how this works.
C. If "and" is written between your name and someone else's, the other person is a legal owner and also needs to submit a title loan request.
What if you have a bad credit history?
A poor credit history does not always influence your ability to be approved for a title loan. That's because car title loans are based more on your ability to pay and how much equity you have in your car.
More questions about how title loans work? Call us today for details.