Title Loans

A variety of situations can await you on the path of life, and not all of them will be good. Unplanned costs may require you to take action. It is quite difficult to get a large amount of money at once, for this it is necessary to do a lot of paperwork and spend a lot of time and effort, which may not be available in this situation. This will not be a pleasant business… How to get money today?

First of all, most people will start looking for a clue in the internet space. You can find a solution on the Internet in the form of a title loan – a loan that requires an asset as collateral. At first glance, this sounds rather unpleasant. Few will decide to leave an apartment or any other valuable thing on bail, however, few people pay attention to the fact that this is only a guarantee of the loan repayment and your confidence that you will definitely be able to act on the provided terms of the site. Lenders try to protect themselves from fraudsters.

It is difficult to predict certain events, and our loan matching service understands this, therefore we cooperate with lenders that offer a fairly quick title loan. A loan secured by a vehicle is not a new function, it is a type of personal loan where the private property of the borrower acts as a guarantee for the lender. Almost any lender has a similar guarantee of return, and it has been practiced for more than a year.

Documents You’ll Need to Get a Title Loan in Lebanon TN

1. Government-issued identification matching the name on the title;
2. Original vehicle title showing sole ownership;
3. Utility bill or other proof of residency matching the name on the title;
4. Proof of vehicle insurance;
5. Current vehicle registration;
6. Recent pay stubs or other proof of ability to repay the loan.

Benefits of a car title loan

The key advantages of this type of loan:

• No paperwork. There is no need to collect various certificates and other papers to confirm income;
• Fast approval and funding. The process takes from several hours to 1-2 days;
• The ability to use the vehicle. The only moment when the client has to “part” with the car is the assessment. It takes a few hours;
• This is the only type of lending that allows you to get money quickly, without a high interest rate.

How to get a car title loan?

Follow is a few simple steps:

1. Fill out the application form The decision is made the same day. Delays are possible but rare
2. Your car is assessed and registered. It takes no more than one day. The costs are paid by the lender;
3. Get the money. You can spend it for any purpose. There are no restrictions..

Important nuances

As long as your car serves as collateral, it cannot be:

• sold;
• presented to anyone;
• exchanged;
• rented.

You can perform such actions after the full loan repayment.

You may have a question – can I get cash and title loans if I have bad credit history? The answer will depend on the requirements of the lender, for example, banks may refuse to help, even if you try to take out a loan secured by a vehicle. But lenders from our network work with bad credit borrowers.