What Are Some Easy Loans For Bad Credit?

If you have bad credit and are in a financial emergency, you may be wondering if there are any easy loans for bad credit out there that you can apply for. You also might be relieved to know that there are. This quick guide will help you get started on some loans you can apply for today to help you out of your financial jam.

Types Of Easy Loans For Bad Credit

When it comes to finding easy loans for bad credit, two of the most convenient options that come to mind are title loans and installment loans.

What Is A Car Title Loan?

A vehicle title loan is a type of short-term loan that you can apply for that gives you the emergency cash that you need based on the value of your car or vehicle’s title. This is not meant to be a long-term solution to your problems, merely a way to give you a temporary fix to make ends meet.

What Is An Installment Loan?

An installment loan is another variety of short-term loans that is available. This is a loan where you borrow a certain amount of money and then you pay the loan back in installments. This is also intended to be a solution to a temporary problem rather than a permanent solution to a long-term one.

Advantages of Car Title Loans

There are lots of advantages that come with applying for a car title loan. Some of these advantages are:

  • No store visit is required
  • A loan specialist will come to a location that works for you
  • You can have cash deposited directly into your account
  • You can keep your car while you pay off your loan

woman got a bad credit loan cash

Advantages of Installment Loans

There are also a lot of advantages that come with getting an installment loan from Missouri Title Loans, Inc.

  • You can get unsecured loans of up to $1,500
  • You can get same-day cash
  • You can pay your loan back in installments
  • You can apply for an installment loan online

Documents Needed To Get A Title Loan

When you are applying for a title loan with Missouri Title Loans, Inc. you do not need to bring a ton of paperwork and materials with you when you apply. The only things that you need to bring with you are:

  • The lien-free title to your car or motor vehicle
  • Your driver’s license or another valid form of government-issued photo ID
  • Your car for a loan specialist to inspect its value for the loan

Documents Needed to Get an Installment Loan

There are also not very many things that you need to bring with you in order to apply for an installment loan with Missouri Title Loans, Inc. The only things that you need to bring with you are the following:

  • Your driver’s license or another valid form of government-issued photo ID
  • An active checking account that is open in your name
  • Proof of your income, in the form of your most recent pay stub

The Process of Getting Easy Loans for Bad Credit

Fortunately for you, the process of getting easy loans for bad credit could not be simpler. To get started, simply go fill out the online inquiry form. You can find this by finding the store location that is closest to you.

This collects your basic information and starts the application process. Once you finish filling out this online inquiry form, you will quickly be contacted by a loan specialist agent from Missouri Title Loans, Inc. They will answer any questions that you have about the application process. They will also help you schedule your appointment and make sure you have all the required materials.

Once you drive to the closest Missouri Title Loans, Inc. location - or wait for your meeting with Missouri Title Loans, Inc. at your home – the loan specialist agent you spoke to will inspect your vehicle to determine the value of the loan that you are eligible for.

missouri title loans vehicle inspection

Once you have done this, you will just have to sit tight and wait for a short while for Missouri Title Loans, Inc. to finish processing your application. Once your application has been approved, you can have your money in as little as half an hour.

Get Your Loan For Bad Credit Today!

If you are having a tough time financially, the last thing that you want is for an emergency expense to crop up that drains your hard-earned savings. Worse yet, the expense might be more than you have saved! There is no need to panic though because there are options available. One of those options includes checking out the easy loans for bad credit that are available when you work with Missouri Title Loans, Inc.

Call us today at 800-514-2274 to learn more about how you can benefit from title or installment loans that we offer or begin the application process by filling out the application form online on our website.

Want to know more? Increase your knowledge of credit and debt here!

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

Louis Tully

Louis Tully is a full-time finance writer offering financial expertise to everyday consumers. He understands the core values of finance and used his writing talents to share his own experiences with money to his readers. His articles teach how financial failures can easily become successes by making new habits and creating realistic goals.