If you are thinking about getting a Missouri title loan, one of the first questions you may have is simple: what do I need to bring?
That is a good question to ask before you start.
Having the right items ready can make the process easier and help you avoid delays. With Missouri Title Loans, Inc., the required-items list is simple. You generally need a state-issued photo ID, a lien-free car title in your name, and your vehicle for inspection.
This guide explains what those items are, why they matter, how the process works, and what to review before signing any agreement.
Why Get A Title Loan?
We realize that you have many options when you need money. But look before you leap; you should only take out a title loan in dire circumstances. Here are some of the reasons our customers want a Missouri title loan:
- Emergency home/vehicle repairs
- Rent
- Overdue bills
- Medical emergencies
- Emergency travel
Title loans are very fast and can get someone a lot of cash. A title loan can put up to $15,000 into your bank account in as little as a day. The exact amount will depend on the market value of your vehicle. Most vendors will not care about credit, so bad credit will not be a problem.
What Do I Need To Get A Title Loan (With Details)?
If you think a Missouri title loan may fit your current financial situation, you need the following pieces of information ready before filling out any forms:
- A valid driver’s license or state ID. Ask us about other types of government identification during the application process. Make sure the title of your vehicle matches your ID!
- A lien-free title to your vehicle. This means that you must own the vehicle outright, not still be paying it off.
- Relevant data for your vehicle, including its make, model, year, mileage, and condition.
Our representatives inspect and appraise all vehicles before approving them for a title loan. We only use nationally recognized price guides. Once approved, you should receive your funds in no time!
Do I Need To Sell My Car?
Title loans can be tricky to understand. At first, it may sound like selling your car. But, once you know how a title loan works, you’ll find that’s not the case.
When you take out an auto title loan, the loan company gives you money based on the value of your vehicle, with your vehicle’s title as the collateral. You probably got a title, or lien, when buying your vehicle. Since cars usually cost thousands of dollars, this lien is used to assure insurance owners, banks, etc. that you own the vehicle.
Your car’s title must be lien-free (paid off) to qualify for an auto title loan. Other types of loans do not have this requirement. There are many types of loans out there; search around before settling.
How Quickly Will I Get My Money?
The best thing about getting a title loan is that it is a very fast way to get a lot of money when you need it. Exactly how much will vary with the age, condition, make and model of your vehicle. Most people who apply for title loans get paid in 24–48 hours.
Can You Start With Bad Credit?
Borrowers with different credit backgrounds may be able to start a title loan inquiry.
A title loan is based partly on a qualifying vehicle title and vehicle value, but approval is not automatic.
The review may include:
- Your required items
- Your vehicle’s value
- Your application information
- Your ability to repay
- Other requirements
Bad credit does not automatically mean you cannot start an inquiry, but it is not the only thing that may be reviewed.
What’s The Easiest Way To Get A Missouri Title Loan?
The easiest way to get a title loan in Missouri is to visit our website. We make the process quick and easy:
- Visit our website for the online inquiry form.
- Find all the documents listed above.
- Fill out your information using our convenient form.
- Wait for us to call you back. It shouldn’t take long; allow at least 30 minutes. We pride ourselves on exceptional customer service!
- Talk with our representatives to arrange a meeting and inspection. You can stop in at any of our local stores, or our agents can come to you.
- Once your vehicle has been approved, prepare to receive hundreds, if not thousands, of dollars!
If you prefer to apply over the phone, you can call us at 1(800)227-4707. The process is just as smooth as if you had applied over the internet. Most customers are on the path to a Missouri title loan in around 30 minutes!
Visit Us Today!
If you need cash immediately, Missouri Title Loans, Inc. is here to help! We have provided hundreds of people just like you with thousands of dollars. We have several locations all over the state, so you can probably find a safe place for your inspection. Best of all, we do it in a flash with a smile!
Our website makes it easy and safe to start the application process. Whether you prefer filling out the form online or calling us over the phone, we can make getting a title loan as easy as flying a kite! Contact us for more details!
Frequently Asked Questions
What documents do I need for a title loan?
You generally need a state-issued photo ID, a lien-free car title in your name, and your vehicle for inspection.
What is a lien-free car title?
A lien-free title usually means the vehicle is paid off, the title is in your name, and no active lender is listed as the lienholder.
Does my title need to be in my name?
Do I need to sell my car?
No. A title loan is not the same as selling your car. In most cases, borrowers can continue driving their vehicles while making payments.
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.
