Your Tennessee car title is one of the most important legal documents you own. Whether you plan to sell your car, apply for a title loan, or simply keep your records updated, avoiding common mistakes with your title is crucial.

In this guide, you’ll learn how to avoid the top 5 car title mistakes and how to use your title to get quick cash through a title loan.

Why Your Tennessee Car Title Matters

Your car title is the official proof that you own your vehicle. Keeping it in good condition and ensuring its accuracy is essential, especially if you:

• Plan to sell your car – Buyers will require a clean, accurate title.
• Need a title loan – A lien-free title allows you to use your car for fast cash.Want to avoid legal issues 
• Incorrect or missing information can cause legal complications.

Did you know? You can use your Tennessee car title to secure a title loan in Tennessee for emergency expenses.

5 Common Tennessee Car Title Mistakes (And How To Avoid Them)

There are a lot of pitfalls when it comes to using your title properly, and maintaining this crucial document is important to avoid legal troubles. The rest of this article will go through the 5 most common car title mistakes, and how you can use your Tennessee car title properly.

1. Keeping A Damaged Title

Your Tennessee car title must be in proper condition, whether you’re selling the car or keeping it. A damaged car title can obscure information, with tears obfuscating the document or water blurring it.

If your Tennessee car title has water damage, is burned, or has any kind of tear in it, take it to your DMV along with your ID and money for the replacement fee to have the issue seen to.

Your car title must be in pristine condition to be legal, especially if you’re trying to sell your car. Make sure you check your car title for damage from time to time and always ensure the car title is in proper condition when buying a car. A damaged car title or a title with misinformation can be a warning sign of a scam, so be alert.

2. Making Unauthorized Corrections On Your Title

Your Tennessee car title cannot be changed without going to the DMV. That means that if you try to whiteout and correct some of the information, the title will be considered void. You might also end up in a little legal trouble if you go about changing information on your title the wrong way.

3. Buying A Car With The Wrong Buyer Name On The Title

As mentioned above, all information on the title should be correct before you try to make a sale or buy a car. If the title of the car you’re buying has the wrong information on it, you need to have it corrected before you purchase the car.

As soon as you take ownership, you are responsible for all of the information on the title being correct and can be held legally accountable. Sometimes, a wrong buyer name can be a result of an innocent circumstance wherein a buyer backs out after already signing the title.

If the seller isn’t willing to change the information on the Tennessee car title, you should be wary of a scam attempt.

4. Failing To Transfer Your Title After Buying Or Selling A Car

Whether you’re buying or selling, you must transfer the title to the new owner. Failing to transfer your title can result in some legal headaches that you really don’t want to deal with, so always make sure that you are the listed owner of the vehicle you’re driving and that all of the information is correct when you make a transfer, whether you’re buying or selling.

If you notice something’s wrong, don’t panic! Just take it over to the DMV to get it fixed as soon as you can.

5. Not Using Your Car Title For A Title Loan

One overlooked benefit of owning a lien-free Tennessee car title is the ability to use it for a title loan in Tennessee.

What is a title loan?

A title loan is a secured loan that lets you borrow money using your vehicle title as collateral. This is a fast way to get cash without giving up your car.

Tennessee Title Loans, Inc. offers:

• Loans from $300 to $2,500
• Same-day or next-day cash
• No credit check required

How to Apply for a Title Loan in Tennessee:

• Submit an inquiry form online or in-store.
• Meet with a loan representative for a quick car inspection.
• Receive your cash the same day if approved!

Need emergency cash? Apply for a Tennessee title loan today!

Keep Your Tennessee Car Title In Good Condition

This article can help you recognize and avoid common mistakes when dealing with your Tennessee car title. And, if you’re struggling to pool your resources due to a sudden major expense, car title loans in Tennessee are an option to handle those big bills before they get out of hand. Even if you have bad credit, you can still apply for a loan. To get your expenses taken care of, consider getting in touch with Tennessee Title Loans, Inc. by submitting an application today!

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