If you are currently researching “money near me” and are struggling with your finances, you may want to contact Tennessee Title Loans, Inc. to determine your borrowing options. A title loan can help in a wide range of circumstances and may make it easier to balance your budget. So, what do you need to take out a title loan, and what does the process look like? Let’s find out!

What Do You Need For A Title Loan?

1. Identification

The first thing you will need if you are trying to get a title loan is some identification. We have kept things simple, but you must be able to show some state-issued ID with a valid photo of you to be eligible for this kind of loan.

Examples of acceptable ID would be a driver’s license or a passport. Note that it must be within the date to be used for a loan. If you aren’t sure what might be suitable for identification, get in touch, and one of our agents can walk you through your options.

2. The Title For The Vehicle

You must have the vehicle’s title available to take out a loan, and a couple of stipulations are placed on it. Firstly, the title must be registered in your name to take out a title loan. If the title isn’t currently registered in your name, you must go to the DMV to get this updated before proceeding.

Secondly, there are no existing liens (loans) against the vehicle, or we won't be able to continue the process with you. You can get all other loans paid off before you try to take out a title loan.

3. Proof Of Income

Some proof of income is also required for a title loan from us. You can use a recent pay stub for this if you have one available, or you can talk to one of our agents about your other options if you need them.

4. Your Vehicle

You need your vehicle for inspection to get a title loan with us. We can set up the inspection at a time and place that works best for you, and it tends to be a quick process, but we need to look at the car before proceeding. The condition of your vehicle makes a difference to the amount of money you can borrow with a title loan.

How Much Can I Borrow With A Nevada Title Loan?

Our title loans range from $300 to $2,500, so you can borrow large amounts of money. However, there are quite a few factors to consider when determining how much you could get. The kind of vehicle you have is a significant factor, so the make and model are two of the first things we will ask you for, along with the vehicle's age.

 High-end and newer vehicles will usually be worth more money. We will also look at the vehicle’s condition, mileage, and other things when calculating how much you can borrow. If you are eligible for a loan, you will be told how much money you can borrow by one of our agents, and if you’re happy to proceed, there’ll be a bit of paperwork to sign.

When that’s done, you can go about your day as usual, and we will transfer the money on either the same or the following business day. It’s as simple as that! Using title loans as financial solutions doesn’t work for everybody, but it can be helpful.

Start Your Title Loan Process Now!

Suppose you’re looking for “money near me” because you face emergency costs you must cover as soon as possible. In that case, you can contact Tennessee Title Loans, Inc. using our online form on the homepage of our website, and one of our qualified, professional agents will gladly assist you.

Finding financial solutions when you’re struggling with unexpected bills can be tricky. Still, title loans are one option that may be worth considering if you have a vehicle that you can leverage to borrow money. Title loans are easier to get than many traditional loans, and many people are eligible for this kind of borrowing, even if they don’t have excellent credit.

If you’d like to learn more about this, you can get in touch today, and one of our agents will answer all of your questions and walk you through our process. If you successfully get a loan, you will have the money within two business days, making this a viable strategy for dealing with urgent costs.

 

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