Car Title Loans California
Table of Contents
- Car Title Loans California
- What Are Car Title Loans?
- How Do Car Title Loans Work?
- What Are Car Title Loan Requirements?
- Bad Credit Loans
- Choose TNL Car Title Loans
- About California
Car Title Loans California
If you’re in need of emergency cash, TNL Car Title Loans can help you. Not only can you get same-day loan approval in less than 15 minutes, but you can also get cash as fast as the next business day. Unfortunately, when times are rough, banks are an unreliable source for financial help. Why? Banks have a loan process that can take over a week-long, and that’s not even a guarantee that you will get approved for the loan. If you’re in an emergency situation, you know that time is of the essence and every second that ticks by means less time to resolve your problem. So in times when you’re dealing with financial hurdles and don’t know where to go for help, apply with TNL Car Title Loans online or give us a call at 888-663-7074 to get started right away and get cash ASAP.
What Are Car Title Loans?
Car title loans are also known as auto title loans, title loans, pink slip loans, or vehicle collateral loans. These types of loans allow borrowers to take out a loan against the value of their vehicle. For example, if your car is currently worth $8,000, then you can get a loan up to $8,000. This is why many people prefer to get car title loans over a payday loan. You can get loans in higher amounts and you’ll be able to get cash immediately.
In order to qualify for a car title loan, you must be the sole owner of your car, which means that it must be paid off and cannot have any holds or liens on it. The pink slip, or the car title, must be under the borrower’s name. When you take out a car title loan, you’ll be borrowing against your car’s resale market value and can get a loan up to that amount.
With TNL Car Title Loans, when you qualify for a car title loan, you’ll get same-day loan approval and you can get your loan as fast as the next business day! Best of all, with a car title loan, you’ll still get to keep and drive your car. The car title or car’s pink slip will be transferred under the lender’s name as collateral for the loan. However, when you pay off the loan, it will be transferred back under the borrower’s name.
How Do Car Title Loans Work?
So how do car title loans work? What do you do if you want to get a car title loan with TNL Car Title Loans? Here’s how to get started.
2. Turn in your paperwork and documents. Once approved for the loan, you will need to turn in the appropriate paperwork and documents required in order to process your loan. This includes:
- a copy of your ID or driver’s license
- proof of income of at least $1500 a month or pay stubs
- Your car title or pink slip (this will be required for your loan)
We highly recommend preparing your paperwork and getting your documents in order as you apply. The faster you are able to provide your paperwork and documents, the faster you will be able to receive your loan. Your loan officer will also discuss and schedule a repayment plan to your fitting and help you decide how flexible your term is. Repayment plans can be anywhere from a few months to 36 months depending on how you want to repay your loan. You can pay off your loan as early as you’d like with no prepayment penalties. We encourage our customers to take this route in order to save money and avoid interest payments.
3. Choose how you want to receive your loan. You can choose if you want to receive your loan by check or deposit into your account. You’ll also be able to access your money through any MoneyGram location, which can be found in stores such as Walmart and CVS.
What Are Car Title Loan Requirements?
To be eligible, you will need to meet the following requirements:
- Must be 18 years or older
- Must have proof of income of at least $1,500 a month
- Vehicle must have insurance and registration
- Must own the vehicle with no car payments
- Must have the vehicle title or pink slip
With a car title loan, your eligibility for your loan is based entirely on your vehicle value. You can get an estimate for your vehicle value right away by filling out this form or by calling 888-663-7074. In addition, if your vehicle has enough value, you can be approved for a loan even with a bad credit score. This is one of the main benefits of a car title loan: you won’t need to worry about being disqualified because of your credit score.
Bad Credit Loans
What if you struggle with bad credit? Unlike the bank, TNL Car Title Loans won’t turn you down if you have poor credit or no credit. Instead, since we offer car title loans, your eligibility will be based on your vehicle’s current value. So even if you have bad credit, poor payment history, or credit card debt, you can still be approved for a car title loan if your car qualifies for your loan. In fact, car title loans can be helpful for the borrower who needs to rebuild their credit. When a borrower consistently makes payments on time in the right amount, a car title loan can help build up the borrower’s credit score since TNL Car Title Loans reports to the three large credit bureaus.
Choose TNL Car Title Loans
So if you find yourself in tough times need quick case, look to TNL Car Title Loans to get your emergency loan. There’s no need to wait. Get started today with TNL Car Title Loans by applying online or calling us at 888-663-7074! Get same day loan approval and get your loan as fast as the next business day.
California, a western U.S. state, stretches from the Mexican border along the Pacific for nearly 900 miles. Its terrain includes cliff-lined beaches, redwood forest, the Sierra Nevada Mountains, Central Valley farmland and the Mojave Desert. The city of Los Angeles is the seat of the Hollywood entertainment industry. San Francisco is known for the Golden Gate Bridge, Alcatraz Island and cable cars. California is the most populous U.S. state and the third-largest by area. The state capital is Sacramento.
The Greater Los Angeles Area and the San Francisco Bay Area are the nation’s second- and fifth-most populous urban regions, with 18.7 million and 9.7 million residents respectively. California culture is considered a global trendsetter in popular culture, communication, information, innovation, environmentalism, economics, politics, and entertainment. As a result of the state’s diversity and migration, California integrates foods, languages, and traditions from other areas across the country and around the globe. It is considered the origin of the American film industry, the hippie counterculture, fast food, beach and car culture, the Internet, and the personal computer, among others. The San Francisco Bay Area and the Greater Los Angeles Area are widely seen as centers of the global technology and entertainment industries, respectively. California’s economy is very diverse: 58% of it is based on finance, government, real estate services, technology, and professional, scientific, and technical business services. [source: Wikipedia]