If you own a vehicle, getting a title loans is much easier than borrowing from a bank. With a title loan, you can quickly and easily get through a financial emergency. However, only when you can repay the money in the agreed time. Otherwise, you will likely lose your vehicle’s title. Now, you might be wondering how to get a title loan without a title. Read below to learn about the possibilities of getting a title loan without a title. But to understand the chance of getting a title loan without a title, it is essential to know what titles are.
What is a title?
A title is evidence that you are the owner of the vehicle. If you wish to acquire a title loan, you can utilize your vehicle’s equity. To get a title loan, you can gain the required funds by offering your vehicle’s title as collateral to your lender. If a borrower defaults, by law, the lender gets the legal right to possess the car. In that case, read our guide to learn about a few legal ways to get out of a title loan without losing a vehicle.
Can I Get A Title Loan Without The Car Title?
It may seem that the obvious answer would be a “No.” But that isn’t always the case. The answer depends on your reason to not have the title.
- Is your title damaged or lost?
- Is the title with your lien-holder?
- Did you recently buy the vehicle and have not received your title yet?
Your answer to these questions will determine whether you can get a title loan from us not. So contact us. We will evaluate your case and let you know when you’re eligible to get a title loan.
Can I Get A Title Loan If My Title Has Liens?
If you wish to get a title loan, you have to provide a title that doesn’t have liens. In other words, your vehicle must be lien-free, or it must be owned by the person wishing to acquire the loan. Moreover, there should be no debts surrounding the car. If your vehicle has multiple names listed on the title, further information is required to approve your application. In some cases, we may help you if you currently have another outstanding loan on your vehicle.
Title Loans Without A Title
Advantage Finance LLC offers a borrower-friendly application process for title loans. For this, you won’t need to wait long. It takes only 30 minutes to complete the entire loan processing procedure. With a fast application process and excellent flexibility, we can help you pay unexpected expenses within a short span of time. However, for acquiring the title loan from us, you will need to fulfill the eligibility criteria. One of them is to have the title of the car in your own name.
Moreover, the vehicle should be lien-free and clear. So if you want to acquire a title loan, you should become the vehicle owner first. This will allow you to enjoy all the benefits title loans give. Don’t think too hard. If you need immediate cash, contact Advantage Finance LLC. We will provide you with more details and guide you through the process.