couple using car for same day title loans

Are Same-Day Title Loans Directly Deposited Into My Checking Account?

Getting same-day title loans from Delaware Title Loans, Inc. is quick, easy, and convenient. Still, it’s only natural for you to wonder if you’ll get the money deposited directly into your checking account if your application is approved. 

Yes, same-day title loans are deposited directly into your checking account. Of course, that’s only after you’ve gone through the application process and received approval. If, or when, that happens, the money could be deposited as soon as the same day of your application or by the next business day.

In this quick article, you’ll discover more about if, when, and how same-day title loans are deposited directly into your checking account. By the time you finish reading, you’ll know how soon you can expect the money in your account after a successful application.

Are Same-Day Title Loans Directly Deposited Into My Checking Account?

Yes, same-day title loans are indeed deposited directly into your checking account. Of course, that will only happen after you’ve gone through the quick and easy title loan process and have been approved to borrow money using your car title.

title loans directly deposited into my checking account

Here’s a quick recap of what the application process looks like leading up to when the money ends up in your checking account:

  1. First, you’ll submit the online form with your details and wait for a nearby loan representative to call you.
  2. Next, the representative will call and brief you on the requirements you must fulfill. Then, they’ll arrange to meet with you to finalize your application at a time and place you prefer.
  3. Third, you’ll meet the loan representative and they’ll verify your documents. They’ll also take a few moments to determine how much your car is worth and, by extension, how much you qualify to borrow.
  4. Finally, the money will be deposited straight into your bank account if your application is approved.

As you can see, it doesn’t take much time or effort before you get the money deposited into your account. The sooner you take the first step, the quicker that can happen!

How Long Does The Application Process Take?

The application process to get a same-day title loan doesn’t take long at all. You can get started at any time, day or night, just by submitting the online form with the required details. Doing so will kick start the application process by sending your information to a nearby loan representative. That loan representative will be the one to reach out and guide you through the rest of the application process.

Meanwhile, the in-person meeting you’ll have with the representative can be completed in as little as 30 minutes. Your time at the meeting includes the quick physical inspection of your car. By the end of it, the representative will tell you whether or not your application is approved.

How Soon Will I Receive The Money?

As the name suggests, you can receive the money from same-day title loans in your account as quickly as the same day of your application. Depending on the time you complete your application and get approval, you could get the money by the next business day. Either way, your wait won’t be long!

How Much Money Could I Get With A Same-Day Title Loan?

You can borrow a maximum of $15,000 through same-day title loans. Of course, the exact amount that will be deposited into your account depends on your car’s value, which is determined during the application process. Remember, a loan representative will determine how much your car is worth based on its condition, as well as its make, model, and year. They’ll perform a quick physical inspection when you meet them in person before referring to a nationally recognized pricing guide.

The entire process is transparent, so they’ll let you know how much your car is worth once they’ve determined it.

couple looking at account for same-day title loans

When Do I Find Out How Much Will Be Transferred To My Account?

You’ll find out how much money will be transferred to your account when the loan representative tells you whether or not your application is approved. As you read earlier, that will only happen after they’ve inspected your car to determine how much it’s worth and verified your documents.

Will I Be Disqualified If I Don’t Have A Checking Account?

No, you won’t be disqualified. Don’t worry! You can continue your same-day title loan application even if you don’t have a checking account.

Get Started Now!

So, remember that when you apply for same-day title loans from Delaware Title Loans, Inc., you’ll have the money deposited directly into your checking account. Still, that’s not the only convenience that you can expect from these loans.

You can also start your application anytime and anywhere just by filling out the online form with the required details. Soon after that, a loan representative will call your number to walk you through the application every step of the way!

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

June Mckaig

June Mckaig writes articles on finance and budgeting, hoping to provide insight amidst the overwhelming crowds of information on the internet. She feels that with all this accessibility comes a lot of false data, and she would like to contribute astute, helpful input that she knows can help others. If you would like to learn more about June's research, read more here.