When you’re waiting to get paid but need money fast, consider same-day title loans from Delaware Title Loans, Inc. You could get started right now and be well on your way to borrowing up to $15,000 by using your car title as collateral!
A same-day title loan is a way to borrow money quickly. You can get the money you need as early as the same day of your application or by the next business day if you qualify and are approved for a loan.
Keep reading through this article to discover more about these loans and how they can help you. As you read, you’ll learn how these loans work, how to qualify for them, and what you can use the money for.
What Are Same-Day Title Loans, And How Do They Work?
Same-day title loans are an incredibly quick and easy way to borrow money just by using your car’s title as collateral. When you apply for one of these loans, you could find yourself qualifying for as much as $15,000, depending on the value of your car.
Applying for one of these loans is more convenient than ever. You can even get fast title loans. Of course, as the name suggests, you could get your money on the same day as your application, too!
Besides the ease, with which you can get a title loan these days, here’s another reason these loans are a popular option among borrowers: You get to keep your car even when you borrow money.
That’s because you’re using your car title to secure the loan, not the actual vehicle. Having said that, you only need to bring the car in when meeting the loan representative so they can perform a quick inspection and determine how much it’s worth.
Once they do that, and tell you how much you qualify to borrow, the car is yours to keep!
Can You Use Title Loan Money For Anything?
Yes, you can use the money you get through a title loan for anything at all. However, given the speed and convenience involved with getting a title loan, borrowers find them particularly useful for urgent financial needs like:
- Paying for emergency medical treatment.
- Paying for repairs on cars and homes.
- Paying for funeral arrangements and associated costs.
- Paying for overdue utility bills and rent.
- And more!
Simply put, a same-day title loan is helpful for any situation that requires money for you to resolve it.
How Do You Qualify For A Same-Day Title Loan?
Now, let’s suppose you want to get one of these loans. In that case, here are the requirements you must meet to qualify for one:
- Minimum age: First, you must be at least 18 years old to apply for one of these loans. That’s a hard and fast rule with no way around it.
- Lien-free car title: Next, you must have a lien-free car title. Being lien-free means that you own the car outright and aren’t still paying for it.
- Car for inspection: As you read earlier, you get to keep your car when applying for one of these loans. Still, you must bring it in for a quick inspection as part of your application.
- Identification: Last but not least, you must have a valid driver’s license as well. If you don’t have one, you can use another valid government ID in its place.
Once you meet all of these requirements, you can apply for a title loan!
Does It Take Long To Get A Same-Day Title Loan?
No, it usually doesn’t take long to get a same-day title loan. That’s why they’re often referred to as fast title loans, as well!
First, the sooner you apply for one of these loans, the sooner you could potentially get one.
Still, you should know that a part of the application involves meeting a loan representative in person. That meeting is for them to verify your documents and inspect your car, and this part of the process could be completed in as little as a half-hour.
Lastly, if your application is approved, the money could be yours as early as the same day. However, depending on what time you finalize your application and get approval, you might receive the money on the next business day instead.
Whatever the outcome, you can rest assured that you can get what you need in as little time as possible.
Don’t Wait, Apply Now!
At this point, you know everything there is to know about getting fast title loans. Instead of waiting any more, your next step should be to apply for car title loans online with Delaware Title Loans, Inc.
Take that step by submitting the online form with your basic details. Soon after you do that, a friendly loan representative will receive your information and call you. From there, they’ll guide you through the rest 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.
