Believe it or not, you can use the car in your driveway or garage to get fast cash from Delaware Title Loans, Inc. when you need it the most! That’s possible when you apply for a title loan, which uses the vehicle’s title as collateral to secure the money.
You’ll want to read this article until the end, especially if you find yourself facing financial challenges. Here, you’ll discover how title loans work and, more importantly, how you can get approved for one as soon as possible.
Let’s get started!
Can You Use Your Car To Get Emergency Cash?
Yes, you certainly can use your car to get emergency cash!
Unfortunately, many people who struggle with financial challenges don’t realize that the lifeline they need is sitting right in their driveways.
No, the idea isn’t to sell your car for money. After all, that would just make your life much more challenging as you get rid of your primary mode of transportation.
Instead, you can get emergency cash with your car through something called a title loan.
As the name suggests, this type of loan enables you to borrow a significant amount of money by using your car title as collateral for title loans. Depending on how much your car is worth, that could mean borrowing anywhere from $300 to a whopping $15,000!
Still, the money isn’t the only thing that makes this loan type an incredibly popular option among borrowers.
On top of that, this loan type also gives you plenty of convenience.
Here’s a quick look at the other benefits you can expect from applying for one of these loans:
- Relaxed requirements: You only need a few documents to get started. As long as you’re at least 18 years old, you only need your driver’s license, a lien-free car title, and your car for an inspection. That’s all you need to start applying!
- Easy application: The application process is also incredibly straightforward. You can complete your application and get your money in just a few simple steps, all guided by a helpful loan representative.
- Fast payout: Suppose your application is approved. In that case, you won’t have to wait long. You could get paid as quickly as the same day or by the next business day, depending on what time your application is completed and approved. So, the sooner you start, the sooner you could get paid!
- Keep your car: Lastly, you get to keep driving your vehicle as you normally would. You’re only using your car title as collateral, and the vehicle is only necessary for a quick inspection. Then, you can take it home with you!
Overall, your car could be the answer to whatever financial problem you’re facing!
What Does The Application Process Look Like?
Earlier, you read that the application process is straightforward and easy. Now, take a deep dive into the precise steps of that process.
Here’s what the title loan application process looks like:
Step 1: Get In Touch
The first part of the application is to get in touch. You can do that any time you want to by filling out and submitting the online form with your details.
For example, you’ll include your name, phone number, and ZIP code in the form.
Once you submit it, your information will go to a loan representative at a nearby store location.
They’ll call you soon after to discuss your financial needs and loan application, so be sure to pick up when they do!
Then, they’ll talk to you about a convenient time and place to meet you in person. Be sure to bring the required documents and your car, too.
Step 2: Meet Your Loan Representative
When you meet the loan representative in person, they’ll start by examining your documents.
Then, they’ll perform a quick inspection of your car to assess its worth. That will help them determine how much you qualify to borrow.
Remember: the representative is there to help you. So, ask them any questions you have in mind!
Overall, this step in the process can take as little as 30 minutes to complete. You’ll then find out whether or not your application is approved and, if so, how much you qualify to receive with a title loan.
Step 3: Get Paid!
Suppose you’re approved. In that case, you could get paid as early as the same day or by the next business day.
That will depend on what time you complete your application and receive the approval.
Here’s another way to look at things: the sooner you get started with Step 1, the quicker you can get the cash lifeline you need!
Get The Help You Need Now!
Always remember that the financial lifeline you need could be sitting in your driveway right now. You can use it anytime to get the fast cash you need through a title loan from Delaware Title Loans, Inc. today.
Just take the first step by reaching out through the online form. It won’t be too long before a representative gets on the phone to walk you through the rest of the application!
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.