How Do I Get Instant Loans for Bad Credit?

If you're looking for instant loans for bad credit, there are a few things you should learn first. To begin, fast cash loans are generally easy to get despite what traditional banks make you believe. On top of that, they're available to anyone who meets the basic requirements and can prove a few things to the loan agent assigned to their case. 

If you're wondering, but I need money now? Emergency title loans could help because you can get them in as little as 30 minutes. Granted, you must be at least 18 years old to get approved in the state of Missouri but that's a small obstacle. Most people who request financing through instant cash loans end up getting their money the same day. Plus, borrowers can usually keep their possessions as long as the contract remains in good standing.

So, what are instant cash loans for bad credit and how do you get one by the end of the day?

Here's Everything You Need to Know about Instant Loans for Bad Credit

What Are Instant Loans for Bad Credit?

Instant loans for bad credit are secured forms of financing that use more than just your credit score to determine eligibility. So, while your rating matters a bit, it's not the only criteria for approval. In most cases, borrowers only have to possess a car title worth trading for cash and prove their identity in the meantime.

NOTE: There are a few other pieces of information that may be required for approval, so be sure to talk to a loan agent for more details.

Why Do You Need Instant Loans for Bad Credit?

For most people, there's more than one reason to need instant loans for bad credit. Not only do traditional banks scoff at applicants with less than perfect credit scores, but life is incredibly difficult to predict. Even under the best circumstances, anyone can fall victim to these three things:

1. Job Loss

You could lose your primary source of income at any time, especially these days. If that happens, you won't be able to make ends meet without getting some help. Typically, that help comes in the form of a side gig, selling personal items, pawning stuff, or getting a loan. However, without a paycheck, you might find it harder than ever to get approved.

2. Illness or Injury

Accidents happen all the time, and it doesn't take much to get sick in today's world. But when illness or injury prevents you from making money, life can become extremely difficult very quickly. Not only are you unable to pay the bills on time but then medical fees start adding up as well. In no time, you're swimming in debt and losing credit score points by the day.

3. Unexpected Events

Anything can happen in life. Between deaths in the family, home or car repairs, insurance payments, unexpected travel, it's impossible to plan for it. That's why fast cash loans are such an essential part of our economy. Without then, perfectly happy people would become financially destitute within weeks because of simple ups and downs.

DID YOU KNOW: The average family in the United States lives paycheck to paycheck, with a credit score of about 700 and less than $3000 in the bank for emergencies.

How to Get Instant Loans for Bad Credit with Missouri Title Loans, Inc.

Man with title loan cash

If you're looking for instant cash loans despite your less than perfect credit, there's no need to keep searching. Our Missouri Title Loans, Inc. dedicated finance experts are willing and able to help you out. This bind you're in won't last forever, so the consequences of your solution shouldn't either.

That's why a title loan may be an option. A title loan lets you keep possession of your vehicle while using its ownership documents as collateral. It's available even if you have less than perfect credit and you can get as much as $15,000 if you qualify. So, here's how to find out whether you do:

1. Submit an Online Form or Call to Get Started

Find a short inquiry form on our website and fill it out. After you submit it, one of our loan specialists will contact you to confirm your information, ask a few questions, and schedule an appointment with a verification agent. After that, it's up to you how quickly you want the ball to roll.

2. Provide the Title Loan Agent with Your Information.

When you're ready to go for the meeting, prepare the following:

  • Your driver's license or a government-issued photo ID
  • The lien-free title of your vehicle (registered in your name)
  • The vehicle itself for a quick inspection

3. Sign a Few Papers and Get Your Cash

The agent will take a few minutes to review your documents and inspect your vehicle to determine the amount you qualify for. If you are okay with the amount, sign a few more papers and get your cash the very same day.

Submit Your Inquiry Today!

You don't have to worry about money just because your credit is bad. There are ways to get around that and still have the cash you need for important things. With Missouri Title Loans, Inc. you can get a signature installment or car title loan in a few minutes. All it takes is a phone call or submitting a short intake form on the 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.

Mason Roberts

Mason Roberts is a seasoned economics writer and blogger with a knack for breaking down and simply communicating the ever-changing world of finance. He is philosophically committed to the premise that financial knowledge equals financial freedom.