Getting a car title loan online may seem daunting, but thankfully, it’s not very hard. Unlike a traditional bank loan, where your credit score determines the amount of money you receive and the interest rate you pay, you can get a car title loan with good credit, bad credit, or — in some cases — even no credit. Your credit score isn’t important, because your car is used as collateral against non-repayment of the loan. All you need to begin is your car’s pink slip, or your California certificate of vehicle ownership.
A car title loan has several advantages over either traditional loans, or the sale of your vehicle. As previously mentioned, you don’t need a good credit score to obtain a car title loan. Because you put your car up as collateral, you can keep using it as long as you remain in good standing with your lender. Obtaining a loan is a quick and easy process.
At Cash Plus, we want to help you achieve your financial goals by providing the best advice and the smartest lending in the industry. In the following steps, we will show you how to get a car title loan online as painlessly as possible.
1. Apply online
Find out your car’s year, make, model, style, and approximate mileage and enter it into our easy-to-use loan calculator for an instant quote. Within five minutes you can complete the form, and within two minutes receive pre-approval. With all the proper paperwork in order, you can finish the entire process within an hour, and have money in your hands that very day.
Before you begin gathering all your paperwork, you’ll want to make sure that a car title loan is the smart move for you, and the customer service team at Cash Plus is happy to help you every step of the way. Call 800-717-6869 to talk to a representative about how to get a car title loan online.
2. Gather all your paperwork
No lender can proceed with a loan unless you prove that you own the car, and the only way to do that is with your car’s pink slip or your California certificate of vehicle ownership. Make sure you have one or both on hand before you reach out.
When applying for a car title loan online with us, you’ll also need to provide copies of your driver’s license, proof of insurance, proof of address, and perhaps additional documents depending on the nature of the loan or the state from which you are applying. We will inform you about all the information we need when you apply. And if you can’t come to one of our conveniently located offices, worry not – we will simply come to you.
3. Receive your funds
Once all the paperwork has been filed and processed, you are ready to receive your money. If you’ve applied at one of our offices, you will receive the money immediately. If you have applied online, we will send one of our loan specialists to your home or place of employment to deliver your money. We will keep your car title for the duration of the loan, and will return it to you on successful repayment of the principal plus interest.
Obtaining a car title loan online is easy, and with these steps, it’s quick too. Call Cash Plus or apply online for a quote today!