Review This Checklist Before You Get An Auto Title Loan

If you’re looking into an auto title loan in Missouri, this is the checklist you need to get started. We cover the seven action items you need to consider, apply for, and – hopefully – receive an auto title loan in your area.

If you need cash fast and have a lien-free title for your vehicle, this may be for you. Let’s get started to see if this short-term financial solution is for you.

Auto Title Loan Checklist

1. Know Your Loan Options

Before you dive into any loan application, you must know the ins and outs of the loan to make sure it’s right for you. An auto title loan may be a great option for those who have low or non-existent credit scores, no savings, unsteady income, and an urgent need for cash ASAP.

Auto title loans use your lien-free car title as collateral for a short-term loan of up to $15,000. The total loan amount will be determined based on your needs, application, and vehicle.

Generally speaking, auto title loans from Missouri Title Loans, Inc. are much more accessible than traditional personal loans, as they only have three requirements to apply. If approved, you get to keep your car for the duration of the loan so long as loan terms are met.

2. Update Your I.D.

Now that you’ve confirmed that an auto title loan is right for you, you’ll first need to update your state I.D. Whether you have a state license or a non-driving I.D., it should reflect your legal name and residence and be unexpired. Only those 18 years or older may apply for an auto title loan.

3. Have Your Lien-Free Title Available

Second – and perhaps most importantly – you need to have your car’s lien-free title on hand. This proves that your car isn’t being used as collateral for any other loan or transaction and that you have paid it off in full.

If you are missing your title, you can apply for a duplicate title through the Motor Vehicle Bureau. You may find directions for this process on the MO Department of Revenue website.

4. Have Your Car Ready

The third requirement to qualify for an MO auto title loan is to have your car ready for inspection when you apply. The inspection is when one of our representatives takes a few minutes to look at the condition of your vehicle.

Your car’s mileage, age, make, model, and overall condition will help determine how much money you qualify for. Newer cars, vans, and trucks with lower mileage tend to qualify applicants for higher amounts; although we happily inspect all types of vehicles.

5. Find A Title Loan Office In Your Neighborhood

Check out our Locations page to see where we’re located near you. Alternatively, you could fill out our general form online to get connected with your nearest Missouri Title Loans, Inc. office. Simply send us your contact information and we’ll reach out to you shortly after to explain the process, answer your inquiries, and start your application.

6. Get Ready To Finish Your Application

You’ll need to meet with us briefly – often as little as 30 minutes – to finish your application. Luckily, we make it easy and can meet you at our office, your home, or any other nearby location that you choose.

Be sure to bring your I.D., title, and car to the meeting. Everything will be assessed at this time, and you’ll find out how much you qualify for.

7. Spend Your Cash Wisely

If you’re approved for an auto title loan from Missouri Title Loans, Inc., you’ll get your cash that evening or the succeeding work day. You could have thousands in your bank account sooner than you expected to cover a financial urgency.

Many of our customers have used our loans to help pay for:

• Overdue mortgage or rent payments
• Late bills (utilities, medical, etc.)
• Emergency travel for illness, funerals, etc.
• Medical procedures
• Home repair
• Second car repair
• And much more!

The Benefits Of Our Title Loans

Hundreds of people take advantage of our title loans for more than just fast cash. We offer loans:

• Without the need for a bank account, employment verification, or a high credit score
• A quick application process that can be done in an easy afternoon
• Plus, the option to finish everything from home
• If approved, up to $15,000 in 1-2 business days
• Excellent guidance along the way with a local representative

Done With The Checklist? Time To Get Your Cash!

Our 7-item checklist will make sure you have everything you need to apply for an auto title loan from Missouri Title Loans, Inc.

First, learn the ins and outs of our loans. Second, get your updated I.D., vehicle title, and car ready. Third, fill out our contact form to connect with us and set up an in-person meeting. After as little as half an hour, you could be approved for quick cash!

Don’t let financial worries weigh you down any longer – we are hoping to connect with you today.

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