What Is The Highest Title Loan Value You Can Get In Mississippi?

When considering your financial options, knowing the maximum title loan value you can get from Mississippi Title Loans, Inc. is crucial. That way, you’ll know how much you can get and whether or not it will meet your financial needs.

Read this quick guide to discover how much you can get from a title loan in Mississippi. By the end, you’ll also learn how to maximize the amount you qualify to borrow and what you can use that money for!

How Much Can You Get With A Mississippi Title Loan?

You can get as little as $300 and as much as $2,500 through a Mississippi title loan, using your lien-free car title as collateral. Even though the vehicle isn’t being used as collateral, it plays a crucial role. That’s because the exact amount you qualify to borrow will depend on how much that car is worth.

Bring your car and the required documents, a state-issued ID such as a driver’s license, your lien-free title, and the vehicle itself, when you meet your loan representative. They’ll take a few moments to inspect your vehicle thoroughly to assess its value and determine how much money you qualify to borrow. After they complete that inspection, you can drive the car home regardless of whether or not you’re approved for a title loan.

How Long Does The Car Inspection Take?

Your meeting with the representative can take as little as 30 minutes to complete. Aside from verifying your documents, they’ll perform two tasks to inspect your car. Firstly, they’ll thoroughly check the car’s physical condition.

Then, they’ll refer to a nationally recognized price guide to find your car’s value based on its make, model, and year. The representative can assess your car’s value once they have all the necessary information. They’ll share the outcome with you after a few moments.

Can You Increase Your Vehicle’s Worth?

Your car is a depreciating asset. That means its value will naturally drop the older it gets. Despite that, there are steps you can take to maximize its value.  Doing so will help you fetch the best price possible when you want to sell the car or use it to secure a title loan. Here are five things you can do to maximize your car’s worth:

1. Cleaning It Thoroughly

Never underestimate the importance of cleaning your car, inside and out. Regular washing and vacuuming will help your vehicle maintain its shine and give off an excellent first impression. Besides that, doing so also helps remove dirt and road debris that causes damage to your car’s exterior and interior surfaces.

2. Maintain The Car

Aside from cleaning, it’s also crucial to maintain your car regularly. Tasks like changing your engine oil and rotating your tires might seem insignificant. However, they help keep your car and its components in good shape for much longer.

3. Fix Small Problems

Car problems typically start small, and that’s precisely when you should fix them quickly. That’s because minor issues are much easier and cheaper to resolve than if they worsen with time. Plus, cars are generally worth more when they’re in good working condition.

4. Check Your Wheels

So far, you’ve seen that maximizing your car’s value requires attention to its interior, exterior, and under-the-hood parts. Don’t forget about the wheels, though! Your wheels, brakes, and suspensions experience a lot of wear the more you drive the car. So, keeping them in good shape will help you get more value out of your vehicle when selling it or using it to get a loan.

What Can You Do With The Money From A Title Loan?

One of the most important benefits of a title loan is that you can use the money for any urgent financial need. Whether you get the minimum $300 or the maximum $2,500, you can use it to cover costs related to:

• Automotive: Use the money to fund essential car maintenance, repairs, or part replacements.
• Medical: Use the money to pay urgent medical bills for you, your family, or your pets at the veterinary clinic.
• Household: Households also need urgent repairs from time to time. Get the repairs started immediately with urgent funds from a title loan.
• Utilities: Falling behind on utility bills leads to costly fines and penalties. A title loan could help you get current on those bills and save money in the long run.
• Others: Whatever your urgent financial need, a title loan could give you the help you need.

There are many reasons to get a title loan. Just remember that the maximum you can get in Mississippi is $2,500, depending on your car’s value. So, be sure to keep your car in good shape for when you need to borrow money!

Get Your Car Assessed Now!

So far, you’ve learned that Mississippi's maximum title loan value is $2,500. The exact amount you qualify for will depend on how much your car is worth, as determined through a quick inspection.

When you need to unlock that value, be sure to reach out to Mississippi Title Loans, Inc. Take the first step of submitting the online form with some basic details to get started. Soon after, a friendly representative will call you to discuss the rest!

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