Can I Get A Cash Loan Using Car As Collateral?

Are you facing unexpected financial challenges? A car title loan can be a fast, reliable solution to get cash using your car as collateral. At Nevada Title and Payday Loans, Inc., we simplify the loan process so you can access funds on the same day you apply. Plus, you keep your car while making payments!

If you’re on a short timeline, it’s an option worth looking into. Plus, you keep your car while making payments!

Why Choose Nevada Title Loans for Your Fast Cash Needs?

What makes car title loans from Nevada Title and Payday Loans, Inc. a good choice in a financial emergency? We make sure our process is quick and convenient. In fact, if you are approved, you can often get the cash amount you qualify for on the very same day you apply.

You also get to keep your vehicle while you are repaying the loan. With this loan option, you are using your car’s title as collateral, so your car can stay with you while you make repayment on the loan.

How To Qualify For Car Title Loans

There are only a few qualifying requirements for getting a car title loan at Nevada Title and Payday Loans. We don’t require you to bring in a lot of items, but you do have to bring in certain items in order to continue.

Here’s what you’ll need to get through the process:

• A driver’s license or a state-issued photo ID that proves you are a legal adult of 18 years or older.
• Your vehicle for a quick inspection. While the title is collateral, you will need to provide us with the vehicle to determine the maximum amount you qualify for – which could be up to $15,000.
• The vehicle’s title. To qualify for a car title loan, you must own the vehicle in question outright. This means the title must be lien-free – i.e., with no outstanding loans or judgments and in your name.

Can I Get Car Title Loans If I’m Unemployed?

If you are unemployed, you do not have to worry about automatically not qualifying for the car title loan. As you’re getting a cash loan using car as collateral, we will try to do what we can to accommodate your situation and go over your options.

As long as you can pay back the loan during the repayment period, you should not run into any issues. Our loan representatives at Nevada Title and Payday Loans, Inc. will try to go over your payment options and see what we can do for you. Just be upfront and talk to us about your situation when you sit down with us.

Can I Get A Title Loan If My Credit Is Bad?

Another benefit to car title loans is that all credit types are welcome to apply at Nevada Title and Payday Loans. As long as you’ve got the required items listed above in order, you’re eligible for a loan irrespective of your credit history.

Be your credit good, bad, or nonexistent, you can qualify for loans without credit checks title loans if you’re over 18 and outright own your car.

Getting a cash loan using car as collateral will also have no impact on your credit history – either negative or positive. When you apply for a loan at Nevada Title and Payday Loans Inc., you can rest assured that the loan information will remain between you and us. We will not report to credit agencies if you default on your loan payments.

Do I Give Up My Car To Get A Cash Loan Using Car As Collateral?

As I said, you do not even have to worry about losing your vehicle while repaying the title loan payments. Giving up your car is a bad misconception because we are using your vehicle’s title as collateral – not the vehicle itself.

As long as you can repay the loan, the car stays with you, and you’re free to drive it around while simultaneously paying the loan off.

How To Get Title Loans Near Me

You can start the simple and convenient title loan process through our website. All you need to do is visit our homepage to fill out the online inquiry form. Once that form has been submitted and received by a loan representative, they will use your contact information to reach out with further instructions on our same-day cash loans and to set up a time to meet.

You’ll need to take the required items to that meeting – your ID or driver’s license, your vehicle, and the vehicle’s title – to the nearest title loans location for the loan representative to assess.

As you’re getting the cash loan using car as collateral, the representative will have to perform a quick inspection on your car to determine how much cash you qualify for. If they decide to approve you for the loan, and you agree to the terms and rates, you’ll finish up the paperwork right then and there and get the cash the very same day or the next business day. The approval process typically takes about 30 minutes to complete.

Get started on your fast title loans in Nevada:

• Fill out our online inquiry form.
• Bring your documents and vehicle for inspection.
• If approved, receive up to $15,000 in cash.

Apply Now! Get Fast Title Loans in Nevada Today!

The next time you need cash for emergencies, you have to remember that you can get same-day cash loans using car as collateral.   

If you own your car outright and the title is lien-free, fill out our online form to get started on our process today. Our loan representatives are waiting to help you now!

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.