Do Title Loans Require a Credit Check?
If you have ever been rejected by any lender because of your credit score, then you would probably like to know the answer to the question: do title loans require a credit check? It is an arduous process applying for a loan, especially one at a more traditional bank. And if you go through all of that just to be rejected at the end of it all because of a simple number that represents your past rather than your future, then you might want nothing to do with lending institutions ever again. But we do have good news are you: Car Title Loans don’t require that you have a perfect credit score. So, if you are in need of emergency funding then they might be the perfect option for you.
Since we are firm believers in consumer education, we want to explain to you exactly how we are able to lend you money regardless of your credit history report. Ever since we first opened our doors in 1994, making us the oldest title loans lender in California, we have been passionate about lender transparency. We have been expanding our company website as of late so that we can provide our loyal customers with a wealth of informative resource pages that answer all their questions about title loans.
In this particular resource pages, we will be discussing whether title loan lenders check your credit and what enables them to lend you regardless of your score. If you wish to learn more, then please continue reading. However, if you are interested in obtaining an auto title loan with TFC Title Loans then you should go fill out our online application right away.
Approval Regardless of Credit Score
Since Car Title Loans are secured loans, lenders are able to mainly base your approval and loan amount on the value of your car and your ability to repay the loan in full through regularly scheduled monthly payments. If there is enough trade-in value in your car and you have a proof of income, then you will have a high chance of approval even if you have a less-than-perfect credit score.
TFC Title Loans love to help out those people who can’t find the help they need from their local bank or credit card companies. If you can’t find funding elsewhere because of your credit score, then don’t hesitate to turn to us for the emergency funding you need. You can never prep for unexpected expenses and it is impossible to improve your credit score as fast as you may sometimes need to. Whether you need the money for medical bills, rent, or home repairs, we can help you access the money you need regardless of your current credit report.
Credit Check in Application Process
Even though, we never reject you based on your credit score it is protocol that we check it during the application process. We don’t check your report for the number score but rather to make sure you are not currently in active bankruptcy, if you have a past bankruptcy that has been resolved then that does not matter. We also check to see that you are not currently undergoing credit counseling, if you have already undergone credit counseling but completed that then we do not hold that against you either.
Interested in Applying?
If you have any further questions about TFC Title Loans, then you ought to give us a call right away at our toll-free number. We have friendly customer service agents standing by the phones right now who would love to answer any question you may have. If you are interested in getting started in the application process, then go straight to homepage and fill out the online application form and you will hear back from us within the hour! No need to hesitate. We look forward to working with you.