What Is Required For Car Title Loans In Poplar Bluff, MO?
If you are interested in car title loans in Poplar Bluff, MO, there are a few things you will need. Luckily, many individuals qualify for this loan type because of how simple the requirements are. Keep reading to learn about the requirements for car title loans in Poplar Bluff.
Here Are The Requirements For Car Title Loans In Poplar Bluff
The requirements of applying for car title loans in Poplar Bluff will largely depend on the lender you select. At Missouri Title Loans, Inc., only three items are required: driver’s License or state-Issued I.D., lien-free title to your vehicle, your vehicle for inspection.
1. Driver’s License
The first requirement you need to qualify for a car title loan from Missouri Title Loans, Inc. is a driver’s license or a state-issued ID. This requirement is used to confirm your identity. It will be required for any legit loan type you apply for. If you have been driving your vehicle, you should have a driver’s license.
2. Lien-Free Title
The more difficult requirement for people to meet is a lien-free title. The title must also be in your legal name, as it appears on your driver’s license. So, make sure the two documents both have your current legal name.
3. Your Vehicle For Inspection
The vehicle inspection is the most important part of the application process as it determines how much cash you’re eligible to receive. That amount depends on the value of your car. The factors that influence it are the age of the car, its make and model, its mileage, add-ons, etc.
What About Credit?
If you have the three items mentioned above, you can apply for a car title loan, regardless of your credit score. This means that car title loans are an option for individuals with good or bad credit if they meet the three requirements.
What Does Lien-Free Mean?
A lien-free title is one that does not have any outstanding debts against it. As a result, you own the vehicle outright. If there are any liens against your vehicle, it will not allow you to qualify for a title loan. You will have to pay back the debts first and have the liens removed before using the title for a car loan.
What If The Title Is Not In My Name?
If the car title is not in your name, that is an easy fix. Go to your local DMV and get it transferred to your name. You will need to do this before you can use the title to apply for a car title loan in Poplar Bluff.
Will I Get To Keep My Vehicle?
If you are approved for a car title loan in Poplar Bluff, you will get to keep your vehicle. You will still be able to drive your car and use it as your main mode of transportation from the time you get approved to the time you pay back the loan entirely.
How Long Does It Take To Apply For Car Title Loans In Poplar Bluff?
The process of applying for a car title loan at Missouri Title Loans, Inc. is fast. The in-person process can take as little as 30 minutes. During this time, all of your materials will be evaluated, and your vehicle inspected to determine if you qualify and how much you qualify for.
If you are approved for a car title loan, you can receive the money from the loan the same day you are approved or the next business day.
How To Apply For Car Title Loans In Poplar Bluff
The process of applying for car title loans in Poplar Bluff is different at every site. Here is what the application process looks like at Missouri Title Loans, Inc. specifically:
- Fill out the inquiry form on our home page.
- Wait for a representative to give you a call.
- Set up an appointment to have your documents and vehicle inspected.
- Bring all of your required items to the appointment.
- Sit down with a loan representative so they can evaluate your documents and inspect your vehicle.
- If approved, receive your money the same day or the next.
Apply For Car Title Loans Today
In order to apply for car title loans in Poplar Bluff, you need a driver’s license or state-issued ID, a lien-free title, and your vehicle for inspection. Even if you have a bad credit score, you can apply for this loan type if you meet these three requirements.
To get started now, go over to our home page and fill out the inquiry form. We will contact you shortly to set up an appointment to determine if you qualify for a car title loan.
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.