If so you know that you would bring in your item, say a watch, to the pawn shop and the dealer would figure out how much the watch is worth. Then they would figure out how much they could loan you. The amount is never the true value of the item because they have to consider that you may not pay off the loan and they may end up putting it on their shelves to sell to offset their loss.
Car title loans are just like a version of this but the difference is you don’t give them the car to hold. You still have it in your control and you still get to drive your vehicle.
First, you fill out the online form on our site. You provide your name and contact information on the provided web form and you can specify the best time for the representative to contact you or you may contact us directly. Then your assigned representative contacts you to discuss your loan options.
We determine the best program based on your individual circumstances, the loan interest rate and the duration and term of the loan that works best for you. Your assigned representative will stay in contact with you until you have either told us that you no longer need the loan or that you have been given the loan and are happy with the result.
Minimal Requirements on Every Loan
- Photo Identification: Typically a driver's license or State issued ID card
- Original vehicle title issued by the state you live in
- Insurance on the vehicle
Items That Could Be Requested
- Proof of income. Usually your latest paystub or bank statement
- Proof of where you live. A utility bill
- Other items could be required based on your individual loan application