HOW DO I GET CASH FOR MY CAR'S TITLE?
Use Our Online Application or Call Us To Speak With Customer Service
You have many choices when applying for a vehicle equity loan. Don't make this process difficult by working with a company you don't feel comfortable with. At Desert Title Loans, you can apply online and get an approval notification within 20 minutes or less. We specialize in title loans for consumers in Arizona, and we can walk you through the entire application online or over the phone.
Limited Paperwork Is Required To Get Your Loan Processed
The last thing you want to do is apply for an online title loan only to wait days for official approval. Here at Desert Title Loans, we strive to ensure that doesn't happen. There may be some additional verification and paperwork needed. But we aim to get everything processed within one business day. That way, you can move on to funding your loan.
Get Cash in Hand Quickly With Different Funding Options
You have a few options to get your loan proceeds. Once you've signed off on the lending agreement, you can decide how quickly you want to get your cash! Do you want to pick up the funds nearby in Phoenix? Or do you want the money sent to your bank's checking account? You also have the option of a money order or a direct deposit straight to your debit card.
Why Choose Us For A Title Loan In AZ
At Desert Title Loans, our primary goal is to make it simple and comfortable for any Arizona resident interested in getting a title loan. We all know there are many options for those looking to use their vehicle equity as collateral. But there are limited resources for local lenders here in Arizona. That's where we come in. We specialize primarily in car title loans focusing on AZ residents. So whether you live in Tucson, Tempe, or Flagstaff, we'll do our best to answer your questions and get you approved for online funding with the highest loan amount.
Car Title Loan Requirements In Arizona
A lot goes into getting approved for an auto title loan. Don't make it more complicated by applying with a site that doesn't know the ins and outs of AZ lending restrictions. As we focus on Arizona residents, we know what it takes to get cash in hand in quickly. Applying for title loans differs from other short-term lending options, such as payday or installment loans. Understand what a lender requires in terms of documents, collateral, and references. Desert Title Loans will guide you through the entire title loan application process and make it easy as possible to cash out equity from your vehicle!
Qualify Fast For An Online Title Loan In AZ
Most lenders can approve you for funding within one business day if you live in Arizona. That's assuming your vehicle has sufficient equity and you've submitted the necessary documents. Some firms will need to inspect the car in person.
Bad Credit Car Title Loans In Arizona
When a company underwrites a car title loan application, they're not focusing on your credit score. Instead, they want to see avehicle titled in your name with no other lienholders. Like most short term loans, they want to ensure you can repay the entire loan amount.
Pay Off Your Loan Quickly
We all know that title loans come with high interest rates and significant fees if you fall behind on the set monthly payments. That's why working with an online lender that lets you pay off the full amount with no prepayment penalty is important.
You Can Keep Driving Your Vehicle
Most of the large equity lenders in Arizona will allow you to keep driving a motor vehicle when you agree to a loan. That way, you can still go to work and anywhere else. Ask your loan rep about restrictions on where you can go or if they track your vehicle.
Questions About Car Title Loans In AZ
Can I apply for a title loan entirely online?
You used to have few choices when searching for any online loan, like a car title loan, payday loan, or cash advance. Now that most companies offer services entirely online, you can submit everything quickly and get approved in hours. You can always apply with a company in your local neighborhood (Hundreds of companies offer auto title loans in the greater Phoenix area).
Is there any paperwork to send in with my application?
Any company offering title loans in AZ requires a lien-free car title for a vehicle valued at $3,000 or more. You'll also need to submit information like proof of insurance, vehicle registration, and a driver's license. In addition, companies may need proof of a checking account and verification that you make more than $2,000 a month
Will I need to hand over the car title before approval?
A lender will need your car's title to approve any loan using a vehicle as collateral. Giving them your pink slip gives them first rights to your vehicle. That's why it's essential not to fall behind or violate the lending contract. Most car title loan companies will return the pink slip 30 days after you pay off the loan.
Can I keep driving my car when I get an online title loan in AZ?
Many large title loan companies in Arizona treat your vehicle title as collateral for your loan. Therefore, it's unlikely that you'll have to hand over your car as well. After all, how would you drive to work or go about your daily life without your car? Phoenix is a large area, and you need a vehicle to get around. Don't work with a company that treats your car title loan like a vehicle pawn.
What are the credit requirements in AZ for car title loans?
Car title loans are unlike unsecured loans offered by banks and credit unions. When you use a vehicle as collateral for a loan, you allow the lender to take your car if you fall behind on the payments. Some companies may check your credit history, but most really don't care about your credit score and instead rely on the equity from your vehicle as collateral for a title loan in AZ.
How long does it generally take for an online approval?
As with any lending decision, all approvals are different and come with specific requirements. For example, Desert Title Loans wants to verify you can repay the loan before determining the annual percentage rate. You can often expect final approval within a few hours of submitting paperwork. You may need to submit to a vehicle inspection, and then you can hand over the pink slip and collect your cash!
How much money can I borrow with a vehicle title loan?
Your lending amount entirely depends on the equity available in your car. Loan amounts for vehicle title loans can range from a few hundred dollars to $30,000. Use an online calculator to estimate your vehicle's current title loan value and how much you can afford to pay each month. Lenders generally allow you to access 35%-55% of the car's equity with a secured loan.
How does the inspection process work for car title loans?
Many title loan providers in Arizona will require a vehicle inspection to confirm that the car has sufficient value. You can complete the inspection at any local office or have the inspector come to you. It takes about 30 minutes to inspect the car, and after that's completed you can sign the funding docs and get your cash!
- 18444 N. 25th Ave. Phoenix AZ, 85023
- help@deserttitleloans.com
- Phone: 623-526-5001
