Title Loan Process

If you have been searching for a convenient and fast way to get your hands on extra money, you may be thrilled when you learn that an auto title loan is a solution that is available to you. While a title loan may be a new type of financing to you, your research may have revealed that this is a short-term, secured loan that uses your car as collateral. However, you may not be certain what the specific title loan process is or what to expect.

If you are thinking about applying for a new title loan, you understandably may already be stressed by your current cash shortage situation. The last thing you want to do is to get stressed even further by an unfamiliar loan process. The good news is that the entire title loan process can be completed within a day or two in most cases. These are a few of the primary steps in the loan process that you should know about.

Find the Right Title Loan to Apply For

Before you spend time applying for title loans online in Jacksonville, it is smart to research the financial options first. Interest rates, loan amounts, term lengths and loan fees are some of the most important factors to compare before you decide which lender to apply with. When you compare the options available, you will see that our loan terms are very competitive. More than that, we offer friendly service and a fast overall loan process.

Locate Your Vehicle’s Title

After you have decided to complete our online loan application, you should spend a few minutes locating your vehicle’s title. This is a legal document that indicates that you are the rightful owner of the vehicle that you are pledging as collateral, and it typically is a single sheet of paper. Many people keep this document in their glove compartment, and others may have it stored in a filing cabinet. If you do not have it, you may need to contact the motor vehicle’s department to obtain a replacement.

Complete the Online Loan Application

The next stage in the title loan process is to formally apply. This sounds intimidating, but it is actually an easy process that may only take a few minutes to complete. Because the application is available online, you can complete the fields at any time that works best for you. The application asks for information about you as the applicant and about your car as the loan collateral. As soon as you have entered accurate information in all fields on the loan application, submit the form to us through the website.

Be Patient While the Application is Reviewed

The entire title loan process usually takes two days or less to complete. This process spans from the time that you submit the application online until the time you see money available in your bank account. As you can see, the loan application is reviewed by our team very quickly. However, when you have an urgent need for extra money, waiting even a few hours to hear about your loan approval status can seem exhausting. If you meet all of our title loan requirements, there is a good chance that your loan request will be approved. Simply be patient while we finalize the review process.

Accept the Loan Terms

As soon as we have approved your loan request and have determined which loan terms you qualify for, we will reach out to you directly to give you the good news. At this time, you can ask any questions that you have about the loan terms. Once you approve the loan terms that have been provided to you, the loan will be formally finalized.

Check Your Bank Account

Jacksonville area residents who apply for a car title loan usually need to access their loan funds as soon as possible. Some lenders may send you a paper check in overnight mail, but this simply delays access to your money. After your loan has been approved by our team, you can expect us to wire money directly into your bank account. As soon as the money is available in your bank account, you have the freedom to use it as desired.

While the entire title loan process may sound lengthy, remember that our entire loan process is consolidated and speedy. Each stage of the loan process is fast and easy to complete. Now that you are more familiar with the loan process, you can confidently walk through these steps today to get the money that you urgently need.