Medical bills, veterinary fees, home repairs, divorce — whatever your emergency, you want it to go away as soon as possible. Unfortunately, some situations rarely disappear quickly, leading to potentially long-winded droughts of lowered income. 

But you don't have to struggle alone.

While you shouldn't use car title loans for long-term financial issues, they are a safe, convenient way to quickly access online cash with your lien-free car title without needing credit checks and arduous processes. The following sections detail everything you need to know about these loans, allowing you to decide whether they are a good idea for your situation.

4 Things You Need To Access Online Cash For Your Car Title

1. State-Issued Identification

Most of our clients use their driver's license to acquire a title loan. After all, it's the document that's most easily accessible. However, you do not have to do the same thing. You can use your passport, military service member's ID card, or student ID card to qualify. You can use any official document that displays your legal name, date of birth, and portrait photograph.

2. Lien-Free Title

We use your vehicle title as collateral for the loan. Therefore, we can only accept lien-free titles. We put a lien on it to secure it, and we're prevented from doing that if there is already a lien in place. This document also proves you own the vehicle without any outstanding finance agreements.

Your name must match the name on your state-issued identification. If it doesn't, you must head to the DMV and request a title transfer. Once the transfer is completed successfully, you can start the title loan process.

3. Vehicle

Your vehicle determines how much you can borrow within our $300 to $2,500 lending limits. The more it is worth, the more you can borrow. The following factors dictate your car, truck, or van's value:

• Make and model—Unsurprisingly, Luxury brands are worth more than run-of-the-mill makes. BMW, Mercedes, Lexus, and other models carry higher price tags than Ford and Toyota. 
• Age — Older vehicles aren't worth more than their younger cousins. However, this does not apply to classic or vintage cars; they tend to cost more than newer models.
• Mileage — Your odometer reading dictates the wear and tear on the vehicle. Therefore, higher odometer readings bring the price down. We consider this in conjunction with the car's age. Average mileage is between 10,000 and 12,000 per year.
• Modifications—You might love the zebra strikes and lowered suspension, but others may not. As such, modifications can decrease your car's worth.

4. Proof Of Income

You need to give us a copy of your most recent pay slip as proof of income. We use this and your vehicle to determine how much you can afford to borrow.

How To Get A Tennessee Title Loan Today!

If you can supply the above, follow these steps to get a title loan from us at Tennessee Title Loans, Inc.

1. Complete the online form on the website. Since we also offer lines of credit and payday loans, please ensure you fill out the right one.
2. After that, you will hear from one of us via phone. Make sure your cell is nearby so you can see it. We'll review the requirements (i.e., the items listed in the section above), discuss the process, and answer any questions. You'll have more opportunities to air concerns or query things later, so don't worry if you forget something during the phone call. We'll also set up a meeting location. You don't need to enter the store if you'd rather not. We can come to your workplace or home.
3. Regardless of where you decide to meet us, please feel free to bring the requirements.
4. We will assess everything when you arrive to decide whether you qualify for a title loan. 
5. If so, we'll tell you how much you are eligible for. If you qualify, you do not have to acquire the total amount if your emergency requires less.
6. If you're happy with everything, we'll show you where to sign the forms.
7. Lastly, you will receive the money on the same or the following working day (i.e., within 48 hours).

Get Emergency Relief From Tennessee Title Loans, Inc. Right Now!

A title loan from us at Tennessee Title Loans, Inc. is much easier to acquire than a traditional loan, giving you instant financial relief. You only need a state-issued identification, vehicle, lien-free title, and proof of income to qualify. After providing these items, you'll be well on your way to qualifying. 

So, if you need to relieve the financial burden of emergencies, fill out our simple request form. We'll make sure to call you right away to discuss the details.

 

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