Chat with us, powered by LiveChat
21 Nov 2019   /   0 comments

How Much Can You Get on a Car Title Loan?

Paul

How Much Can You Get on a Car Title Loan?

One of the first things that people ask us is: How Much Can You Get on a Car Title Loan? Lenders use a wide variety of factors to assess and determine the value of your vehicle and how much they can lend you on it. However, not all lenders have the same process as requirements vary by company and state. You might have wondered if you can get a title loan value of my car? How much can I get for a title loan? How much can you get for a title loan? How much can you get on a car title loan?  How much can I get for my car? We will use the equity of the car to get you the title loan quote you need.

how much can you get on a car title loan and how does a car title loan work?

 

Determining the Value and How Much You Can Get on a Car Title Loan

You can get an idea about the value of your car before even speaking with us if you wish to by checking out any number of various car value estimators. One long-standing online free estimator is www.KelleyBlueBook.com.  That is usually the first step we take in determining how much we can lend you. We run your vehicle through a more exact estimator to determine the trade-in value of it by using the year, make, model, style, mileage, and condition. Most lenders go by the trade-in value of your car since that is what most dealerships would pay for it if you were to get rid of your car.

how much can you get on an auto title loan with bad creditTo give you a free quote, we only require the basic facts. To get you a more solid quote with loan terms, we require pictures of your vehicle to verify the mileage and the condition of your vehicle. Then when we pass over the money that you are borrowing we like to take a quick look at your vehicle in person so we can verify that the pictures were accurate and current.

You can use and utilize online resources to determine how much you can get and how much you’ll be paying over the lifetime of the car title loan. Using our car title loan calculator can put you in a position of a broader understanding of how much out-of-pocket expenses you’ll be giving towards the loan payback. In doing so, you’ll be able to compare multiple lenders, offers, and rates to determine which title loan offer best suits you.

Remember, doing your diligent research by comparing lenders and creating a monthly budget plan can truly help you obtain the best deal. In doing so, you’re putting yourself in a greater position of approval for not only a title loan, but for credit and/or another type of loan down the line in your future.

Read more about determining your car value and car appraisal from https://www.edmunds.com/appraisal/.

Determining How Much We Can Lend

Once we have determined a more exact picture of the trade-in value of your vehicle we can cut that down to the lendable amount for your collateral title loan. We are usually able to offer around 50% of the trade-in value price to qualified applicants. You can occasionally qualify for more than 50% or sometimes qualify for less. No overextending to our customers because of the high risk it poses to both us and them. We never want to put you in a situation that you cannot handle.How Much Can You Get on a Car Title Loan

The Car Title Loan Process

car title loan checklistBorrowers seek the services of a potential lender either in-person or through online title loan applications. When securing the title loan, the potential borrower needs to have specific forms of identification in order to apply. These items include:

  • A government-issued ID.
  • Proof of Income
  • Proof of Residency
  • Car Registration & a lien-free Car Title in your name
  • Personal References
  • Car Insurance (Not required in all states)

About TFC Title Loans

We have been in the title loan industry since 1994 and we have gained extensive knowledge of satisfying customers. There are new ways of valuing your vehicle and determining a lendable amount so that the process will be as easy as possible and you will be able to borrow as much money as you might need. Usually, we can give you a quote over the phone by knowing just a few simple facts about your vehicle. We go to all this trouble to make the process as quick and painless as possible because we are aware that you are probably in a hurry and need money quickly.

Read more about title loans from https://en.wikipedia.org/wiki/Title_loan.

Top-Notch Customer Service at TFC Title Loans

For almost 25 years, we have consistently made our customers our top priority which is why we care about transparency and consumer education. We want to help you understand each step of the lending processing before you make any commitments. If you decide that your car has enough value in it or you would like to receive a free quote from us on your vehicle, then fill out the online application or give us a call at 844-242-3543 today! Or, if you have any additional questions on how much can you get on a car title loan? Contact us and we’ll happily walk you through the process. 

“How Much Can You Get on a Car Title Loan” is brought to you by TFC Los Angeles. (c) 2019 “How Much Can You Get on a Car Title Loan”

Frequently Asked Questions
How Much Can You Get on a Car Title Loan?

Title loans are given based on the value of the owned property.

Do car title loans work the same as home title loans?

Yes, both title loans are given based on the value of the owned property.

Can I get a second car using a title loan?

Absolutely. The key is using the first car's title to put a down payment on your next vehicle. You can build a car collection quickly using this strategy. If you have any questions about which new or classic cars to buy, ask TFC Car Title Loans.

How Much Cash Can i Get?

© TFC Title Loans
All Rights Reserved

Follow Us

Lenders Law Licence Number by DBO 6038192